Prairie Operating Co Stock Fundamentals
| PROP Stock | USD 8.21 0.31 3.92% |
Prairie Operating Co fundamentals help investors to digest information that contributes to Prairie Operating's financial success or failures. It also enables traders to predict the movement of Prairie OTC Stock. The fundamental analysis module provides a way to measure Prairie Operating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prairie Operating otc stock.
Prairie |
Prairie Operating Co OTC Stock Return On Equity Analysis
Prairie Operating's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Prairie Operating Return On Equity | -22.59 |
Most of Prairie Operating's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Prairie Operating Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Prairie Operating Co has a Return On Equity of -22.59. This is much higher than that of the Energy sector and notably lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is notably higher than that of the company.
Prairie Operating Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prairie Operating's current stock value. Our valuation model uses many indicators to compare Prairie Operating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prairie Operating competition to find correlations between indicators driving Prairie Operating's intrinsic value. More Info.Prairie Operating Co 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 . 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 Prairie Operating's earnings, one of the primary drivers of an investment's value.Prairie Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prairie Operating's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Prairie Operating could also be used in its relative valuation, which is a method of valuing Prairie Operating by comparing valuation metrics of similar companies.Prairie Operating is currently under evaluation in return on equity category among its peers.
Prairie Fundamentals
| Return On Equity | -22.59 | ||||
| Return On Asset | -12.49 | ||||
| Current Valuation | 579.85 K | ||||
| Shares Outstanding | 484.26 M | ||||
| Price To Earning | (0.37) X | ||||
| Price To Book | 4.10 X | ||||
| Gross Profit | 25 K | ||||
| EBITDA | (99.97 K) | ||||
| Net Income | (104.66 K) | ||||
| Cash And Equivalents | 5.78 K | ||||
| Total Debt | 52.91 K | ||||
| Debt To Equity | 2.60 % | ||||
| Current Ratio | 1.60 X | ||||
| Cash Flow From Operations | 48.72 K | ||||
| Earnings Per Share | (0) X | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 193.7 K | ||||
| Total Asset | 10.53 M | ||||
| Retained Earnings | (17.02 M) | ||||
| Working Capital | 8.6 M | ||||
| Current Asset | 9.54 M | ||||
| Current Liabilities | 943 K | ||||
| Z Score | 0.4 |
About Prairie Operating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prairie Operating Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prairie Operating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prairie Operating Co based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Pledge Petroleum Corp. intends to produce renewable diesel fuel and biochar. Propell Corp operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 1 people.
Pair Trading with Prairie Operating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prairie Operating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prairie Operating will appreciate offsetting losses from the drop in the long position's value.Moving against Prairie OTC Stock
The ability to find closely correlated positions to Prairie Operating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prairie Operating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prairie Operating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prairie Operating Co to buy it.
The correlation of Prairie Operating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prairie Operating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prairie Operating moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prairie Operating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Prairie OTC Stock Analysis
When running Prairie Operating's price analysis, check to measure Prairie Operating'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 Prairie Operating is operating at the current time. Most of Prairie Operating's value examination focuses on studying past and present price action to predict the probability of Prairie Operating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prairie Operating's price. Additionally, you may evaluate how the addition of Prairie Operating to your portfolios can decrease your overall portfolio volatility.