Petro Rio Financials
| PRIO3 Stock | BRL 39.57 0.28 0.70% |
Petro |
Understanding current and past Petro Rio Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Petro Rio's financial statements are interrelated, with each one affecting the others. For example, an increase in Petro Rio's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Petro Rio's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Petro Rio SA. Check Petro Rio's Beneish M Score to see the likelihood of Petro Rio's management manipulating its earnings.
Petro Rio Stock Summary
Petro Rio competes with Petrleo Brasileiro, Banco Bradesco, Schlumberger, Ita Unibanco, and Ita Unibanco. Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil. PETRORIO operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| ISIN | BRPRIOACNOR1 |
| Business Address | Praia de Botafogo, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.petroriosa.com.br |
| Phone | 55 21 3721 2129 |
| Currency | BRL - Brazilian Real |
You should never invest in Petro Rio without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Petro Stock, because this is throwing your money away. Analyzing the key information contained in Petro Rio's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Petro Rio Key Financial Ratios
There are many critical financial ratios that Petro Rio's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Petro Rio SA reports annually and quarterly.Petro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Petro Rio's current stock value. Our valuation model uses many indicators to compare Petro Rio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Petro Rio competition to find correlations between indicators driving Petro Rio's intrinsic value. More Info.Petro Rio SA 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 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Petro Rio SA is roughly 2.70 . 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 Petro Rio's earnings, one of the primary drivers of an investment's value.Petro Rio SA Systematic Risk
Petro Rio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Petro Rio 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 Petro Rio SA correlated with the market. If Beta is less than 0 Petro Rio generally moves in the opposite direction as compared to the market. If Petro Rio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Petro Rio SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Petro Rio is generally in the same direction as the market. If Beta > 1 Petro Rio moves generally in the same direction as, but more than the movement of the benchmark.
Petro Rio November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Petro Rio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Petro Rio SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Petro Rio SA based on widely used predictive technical indicators. In general, we focus on analyzing Petro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Petro Rio's daily price indicators and compare them against related drivers.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 9.24 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.58 |
Additional Tools for Petro Stock Analysis
When running Petro Rio's price analysis, check to measure Petro Rio'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 Petro Rio is operating at the current time. Most of Petro Rio's value examination focuses on studying past and present price action to predict the probability of Petro Rio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petro Rio's price. Additionally, you may evaluate how the addition of Petro Rio to your portfolios can decrease your overall portfolio volatility.