Primegen Energy Corp Stock Market Value
| PGNE Stock | USD 0.0001 0.00 0.00% |
| Symbol | PrimeGen |
PrimeGen Energy Corp Company Valuation
Is Oil & Gas E&P space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PrimeGen Energy. If investors know PrimeGen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PrimeGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) |
The market value of PrimeGen Energy Corp is measured differently than its book value, which is the value of PrimeGen that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeGen Energy's value that differs from its market value or its book value, called intrinsic value, which is PrimeGen Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PrimeGen Energy's market value can be influenced by many factors that don't directly affect PrimeGen Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PrimeGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PrimeGen Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PrimeGen Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PrimeGen Energy.
| 10/01/2025 |
| 12/30/2025 |
If you would invest 0.00 in PrimeGen Energy on October 1, 2025 and sell it all today you would earn a total of 0.00 from holding PrimeGen Energy Corp or generate 0.0% return on investment in PrimeGen Energy over 90 days. PrimeGen Energy Corp., an oil and gas company, provides acquisition, exploration, and development of oil and gas propert... More
PrimeGen Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PrimeGen Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PrimeGen Energy Corp upside and downside potential and time the market with a certain degree of confidence.
PrimeGen Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PrimeGen Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PrimeGen Energy's standard deviation. In reality, there are many statistical measures that can use PrimeGen Energy historical prices to predict the future PrimeGen Energy's volatility.PrimeGen Energy Corp Backtested Returns
We have found three technical indicators for PrimeGen Energy Corp, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PrimeGen Energy are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
PrimeGen Energy Corp has perfect predictability. Overlapping area represents the amount of predictability between PrimeGen Energy time series from 1st of October 2025 to 15th of November 2025 and 15th of November 2025 to 30th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PrimeGen Energy Corp price movement. The serial correlation of 1.0 indicates that 100.0% of current PrimeGen Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PrimeGen Energy Corp lagged returns against current returns
Autocorrelation, which is PrimeGen Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PrimeGen Energy's stock expected returns. We can calculate the autocorrelation of PrimeGen Energy returns to help us make a trade decision. For example, suppose you find that PrimeGen Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
PrimeGen Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PrimeGen Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PrimeGen Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PrimeGen Energy stock over time.
Current vs Lagged Prices |
| Timeline |
PrimeGen Energy Lagged Returns
When evaluating PrimeGen Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PrimeGen Energy stock have on its future price. PrimeGen Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PrimeGen Energy autocorrelation shows the relationship between PrimeGen Energy stock current value and its past values and can show if there is a momentum factor associated with investing in PrimeGen Energy Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PrimeGen Energy Corp is a strong investment it is important to analyze PrimeGen Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PrimeGen Energy's future performance. For an informed investment choice regarding PrimeGen Stock, refer to the following important reports:Check out PrimeGen Energy Correlation, PrimeGen Energy Volatility and PrimeGen Energy Alpha and Beta module to complement your research on PrimeGen Energy. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
PrimeGen Energy 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.