Permian Resources Stock Price on October 7, 2024
| PR Stock | USD 16.21 0.22 1.38% |
Below is the normalized historical share price chart for Permian Resources extending back to April 15, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Permian Resources stands at 16.21, as last reported on the 25th of November, with the highest price reaching 16.25 and the lowest price hitting 15.91 during the day.
If you're considering investing in Permian Stock, it is important to understand the factors that can impact its price. Permian Resources appears to be not too volatile, given 3 months investment horizon. Permian Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Permian Resources, which you can use to evaluate the volatility of the company. Please evaluate Permian Resources' Risk Adjusted Performance of 0.0977, semi deviation of 1.94, and Coefficient Of Variation of 837.7 to confirm if our risk estimates are consistent with your expectations.
At this time, Permian Resources' Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/25/2024, Common Stock is likely to grow to about 80.8 K, while Common Stock Shares Outstanding is likely to drop slightly above 255.8 M. . At this time, Permian Resources' Price Book Value Ratio is relatively stable compared to the past year. As of 11/25/2024, Price To Free Cash Flows Ratio is likely to grow to 11.88, while Price Earnings Ratio is likely to drop 9.47. Permian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of September 2022 | 200 Day MA 15.4083 | 50 Day MA 14.2778 | Beta 4.351 |
Permian |
Sharpe Ratio = 0.1133
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Permian Resources is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Permian Resources by adding it to a well-diversified portfolio.
Price Book 1.2664 | Enterprise Value Ebitda 4.2187 | Price Sales 2.6977 | Shares Float 655.5 M | Dividend Share 0.68 |
Permian Resources Valuation on October 7, 2024
It is possible to determine the worth of Permian Resources on a given historical date. On October 7, 2024 Permian was worth 14.61 at the beginning of the trading date compared to the closed value of 14.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Permian Resources stock. Still, in general, we apply an absolute valuation method to find Permian Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Permian Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Permian Resources' related companies.
| Open | High | Low | Close | Volume | |
| 14.43 | 14.63 | 14.23 | 14.55 | 11,322,470 | |
10/07/2024 | 14.61 | 14.78 | 14.50 | 14.73 | 8,716,803 |
| 14.45 | 14.47 | 14.01 | 14.16 | 11,536,180 |
| Backtest Permian Resources | | | Permian Resources History | | | Permian Resources Valuation | Previous | Next |
Permian Resources Trading Date Momentum on October 7, 2024
| On October 08 2024 Permian Resources was traded for 14.16 at the closing time. The highest price during the trading period was 14.47 and the lowest recorded bid was listed for 14.01 . The volume for the day was 11.5 M. This history from October 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.87% . The trading delta at closing time to the current price is 5.97% . |
Permian Resources Fundamentals Correlations and Trends
By evaluating Permian Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Permian Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Permian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Permian Resources Stock history
Permian Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Permian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Permian Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Permian Resources stock prices may prove useful in developing a viable investing in Permian Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 389.1 M | 255.8 M | |
| Net Income Applicable To Common Shares | 592.3 M | 621.9 M |
Permian Resources Stock Technical Analysis
Permian Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Permian Resources Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Permian Resources cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Permian Resources November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Permian Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Permian Resources shares will generate the highest return on investment. By undertsting and applying Permian Resources stock market strength indicators, traders can identify Permian Resources entry and exit signals to maximize returns
Permian Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Permian Resources' price direction in advance. Along with the technical and fundamental analysis of Permian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Permian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 0.0992 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0521 | |||
| Treynor Ratio | 0.2132 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Permian Stock Analysis
When running Permian Resources' price analysis, check to measure Permian Resources' 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 Permian Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.