3 US Penny Stocks With Market Caps Below 900M
| PRPRF Stock | USD 0.02 0.0001 0.47% |
Roughly 62% of Prairie Provident's investor base is looking to short. The analysis of overall sentiment of trading Prairie Provident Resources pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Prairie Provident's historical and current headlines, can help investors time the market. In addition, many technical investors use Prairie Provident stock news signals to limit their universe of possible portfolio assets.
Prairie Provident pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Prairie daily returns and investor perception about the current price of Prairie Provident Resources as well as its diversification or hedging effects on your existing portfolios.
Prairie |
As of November 2024, the U.S. stock market is experiencing turbulence, with major indexes recording weekly losses amid a decline in big-tech stocks and ongoing economic uncertainties. In such a volatile environment, investors often look beyond large-cap companies to explore opportunities in smaller or newer firms, where penny stocksdespite their somewhat outdated monikerremain a relevant area of interest. These stocks can offer intriguing prospects when they are underpinned by solid...
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Prairie Provident Fundamental Analysis
We analyze Prairie Provident's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prairie Provident using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prairie Provident based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Beta
Beta Comparative Analysis
Prairie Provident is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Prairie Provident Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Prairie Provident pink sheet to make a market-neutral strategy. Peer analysis of Prairie Provident could also be used in its relative valuation, which is a method of valuing Prairie Provident by comparing valuation metrics with similar companies.
Peers
Prairie Provident Related Equities
| YPF | YPF Sociedad | 1.96 | ||||
| TGS | Transportadora | 0.10 | ||||
| SHEL | Shell PLC | 0.40 | ||||
| PBR | Petroleo Brasileiro | 0.81 | ||||
| NFG | National Fuel | 0.94 | ||||
| BP | BP PLC | 1.23 | ||||
| TTE | TotalEnergies | 1.24 | ||||
| EC | Ecopetrol | 1.48 | ||||
| E | Eni SPA | 1.85 | ||||
| EQNR | Equinor ASA | 1.89 |
Complementary Tools for Prairie Pink Sheet analysis
When running Prairie Provident's price analysis, check to measure Prairie Provident'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 Provident is operating at the current time. Most of Prairie Provident's value examination focuses on studying past and present price action to predict the probability of Prairie Provident'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 Provident's price. Additionally, you may evaluate how the addition of Prairie Provident to your portfolios can decrease your overall portfolio volatility.
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