We recommend to use Prairie Provident fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Prairie Provident as well as the relationship between them. We were able to interpolate data for thirty-two available financial ratios for Prairie Provident, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Prairie Provident to be traded at C$0.0438 in 90 days. Key indicators impacting Prairie Provident's financial strength include:
Prairie Provident competes with Pine Cliff, InPlay Oil, and Journey Energy. Prairie Provident Resources Inc. explores for and develops oil and natural gas properties primarily in Alberta. The company was incorporated in 2016 and is headquartered in Calgary, Canada. PRAIRIE PROVIDENT operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 41 people.
You should never invest in Prairie Provident without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Prairie Stock, because this is throwing your money away. Analyzing the key information contained in Prairie Provident's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Prairie Provident Key Financial Ratios
Prairie Provident's financial ratios allow both analysts and investors to convert raw data from Prairie Provident's financial statements into concise, actionable information that can be used to evaluate the performance of Prairie Provident over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Prairie Provident's current stock value. Our valuation model uses many indicators to compare Prairie Provident value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prairie Provident competition to find correlations between indicators driving Prairie Provident's intrinsic value. More Info.
Prairie Provident Resources is regarded third in return on asset category among its peers. It is regarded fourth in profit margin category among its peers . At this time, Prairie Provident's Net Loss is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prairie Provident by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prairie Provident's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Prairie Provident Systematic Risk
Prairie Provident's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prairie Provident volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Prairie Provident correlated with the market. If Beta is less than 0 Prairie Provident generally moves in the opposite direction as compared to the market. If Prairie Provident Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prairie Provident is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prairie Provident is generally in the same direction as the market. If Beta > 1 Prairie Provident moves generally in the same direction as, but more than the movement of the benchmark.
Prairie Provident Resources Total Assets Over Time
Today, most investors in Prairie Provident Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Prairie Provident's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Prairie Provident growth as a starting point in their analysis.
Prairie Provident December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prairie Provident help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prairie Provident Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prairie Provident Resources based on widely used predictive technical indicators. In general, we focus on analyzing Prairie Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prairie Provident's daily price indicators and compare them against related drivers.
Prairie Provident financial ratios help investors to determine whether Prairie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prairie with respect to the benefits of owning Prairie Provident security.