PrairieSky Royalty Financials

PREKF Stock  USD 21.11  0.19  0.91%   
Financial data analysis helps to confirm if markets are presently mispricing PrairieSky Royalty. We were able to collect data for thirty-three available financial ratios for PrairieSky Royalty, which can be compared to its competitors. The stock experiences a moderate upward volatility. Check odds of PrairieSky Royalty to be traded at $23.22 in 90 days.
  
Understanding current and past PrairieSky Royalty Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PrairieSky Royalty's financial statements are interrelated, with each one affecting the others. For example, an increase in PrairieSky Royalty's assets may result in an increase in income on the income statement.

PrairieSky Royalty Stock Summary

PrairieSky Royalty competes with Yamaha, Nitto Denko, Farmers Merchants, and Furukawa Electric. PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Prairiesky Rty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 55 people.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address350 - 7th
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.prairiesky.com
Phone587 293 4000
CurrencyUSD - US Dollar

PrairieSky Royalty Key Financial Ratios

There are many critical financial ratios that PrairieSky Royalty's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that PrairieSky Royalty reports annually and quarterly.

PrairieSky Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PrairieSky Royalty's current stock value. Our valuation model uses many indicators to compare PrairieSky Royalty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PrairieSky Royalty competition to find correlations between indicators driving PrairieSky Royalty's intrinsic value. More Info.
PrairieSky Royalty is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PrairieSky Royalty is roughly  1.51 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PrairieSky Royalty's earnings, one of the primary drivers of an investment's value.

PrairieSky Royalty Systematic Risk

PrairieSky Royalty's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PrairieSky Royalty 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on PrairieSky Royalty correlated with the market. If Beta is less than 0 PrairieSky Royalty generally moves in the opposite direction as compared to the market. If PrairieSky Royalty Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PrairieSky Royalty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PrairieSky Royalty is generally in the same direction as the market. If Beta > 1 PrairieSky Royalty moves generally in the same direction as, but more than the movement of the benchmark.

PrairieSky Royalty November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of PrairieSky Royalty help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PrairieSky Royalty. We use our internally-developed statistical techniques to arrive at the intrinsic value of PrairieSky Royalty based on widely used predictive technical indicators. In general, we focus on analyzing PrairieSky Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PrairieSky Royalty's daily price indicators and compare them against related drivers.

Complementary Tools for PrairieSky Pink Sheet analysis

When running PrairieSky Royalty's price analysis, check to measure PrairieSky Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PrairieSky Royalty is operating at the current time. Most of PrairieSky Royalty's value examination focuses on studying past and present price action to predict the probability of PrairieSky Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PrairieSky Royalty's price. Additionally, you may evaluate how the addition of PrairieSky Royalty to your portfolios can decrease your overall portfolio volatility.
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