Pilgrim Competitors
| PGPM Stock | USD 0.0001 0.00 0.00% |
Pilgrim Petroleum vs Bakken Energy Correlation
No risk reduction
The correlation between Pilgrim Petroleum and BKEN is 1.0 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pilgrim Petroleum and BKEN in the same portfolio, assuming nothing else is changed.
Pilgrim Petroleum Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Pilgrim Petroleum and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Pilgrim and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Pilgrim Petroleum does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Pilgrim Stock performing well and Pilgrim Petroleum Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Pilgrim Petroleum's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HXPN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| XFLS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STPJF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DBRM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IONAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GAPJ | 2.84 | (1.31) | 0.00 | 0.46 | 0.00 | 0.00 | 95.00 | |||
| ONTRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SPSO | 5.88 | 2.94 | 0.00 | 1.60 | 0.00 | 0.00 | 100.00 | |||
| TBDYF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BKEN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cross Equities Net Income Analysis
Compare Pilgrim Petroleum and related stocks such as Harris Exploration, Xfuels Inc, and Southern Pacific Resource Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BKEN | (840.7 K) | (840.7 K) | (524.1 K) | (649.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (246.6 K) | (283.6 K) | (297.8 K) |
Pilgrim Petroleum and related stocks such as Harris Exploration, Xfuels Inc, and Southern Pacific Resource Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Pilgrim Petroleum financial statement analysis. It represents the amount of money remaining after all of Pilgrim Petroleum operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Pilgrim Petroleum Competitive Analysis
The better you understand Pilgrim Petroleum competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Pilgrim Petroleum's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Pilgrim Petroleum's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Pilgrim Petroleum Competition Performance Charts
Five steps to successful analysis of Pilgrim Petroleum Competition
Pilgrim Petroleum's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Pilgrim Petroleum in relation to its competition. Pilgrim Petroleum's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Pilgrim Petroleum in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Pilgrim Petroleum's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Pilgrim Petroleum, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Pilgrim Petroleum Correlation with its peers. To learn how to invest in Pilgrim Stock, please use our How to Invest in Pilgrim Petroleum guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Will Oil & Gas E&P sector continue expanding? Could Pilgrim diversify its offerings? Factors like these will boost the valuation of Pilgrim Petroleum. Anticipated expansion of Pilgrim directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Pilgrim Petroleum data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Pilgrim Petroleum is measured differently than its book value, which is the value of Pilgrim that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrim Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Pilgrim Petroleum's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Pilgrim Petroleum's market value can be influenced by many factors that don't directly affect Pilgrim Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Pilgrim Petroleum's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pilgrim Petroleum should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pilgrim Petroleum's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.