Permianville Royalty Trust Stock Market Value
| PVL Stock | USD 1.55 0.01 0.65% |
| Symbol | Permianville |
Permianville Royalty Price To Book Ratio
Is Oil, Gas & Consumable Fuels 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 Permianville Royalty. If investors know Permianville 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 Permianville Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.051 | Earnings Share 0.2 | Revenue Per Share 0.101 | Quarterly Revenue Growth (0.99) | Return On Assets 0.0269 |
The market value of Permianville Royalty is measured differently than its book value, which is the value of Permianville that is recorded on the company's balance sheet. Investors also form their own opinion of Permianville Royalty's value that differs from its market value or its book value, called intrinsic value, which is Permianville Royalty'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 Permianville Royalty's market value can be influenced by many factors that don't directly affect Permianville Royalty'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 Permianville Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Permianville Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permianville Royalty'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.
Permianville Royalty '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 Permianville Royalty'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 Permianville Royalty.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Permianville Royalty on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Permianville Royalty Trust or generate 0.0% return on investment in Permianville Royalty over 30 days. Permianville Royalty is related to or competes with Sabine Royalty, Cross Timbers, MV Oil, San Juan, VOC Energy, North European, and Mesa Royalty. It owns a net profits interest representing the right to receive 80 percent of the net profits from the sale of oil and ... More
Permianville Royalty 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 Permianville Royalty'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 Permianville Royalty Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 3.38 |
Permianville Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Permianville Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Permianville Royalty's standard deviation. In reality, there are many statistical measures that can use Permianville Royalty historical prices to predict the future Permianville Royalty's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Permianville Royalty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Permianville Royalty Backtested Returns
Permianville Royalty maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Permianville Royalty exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Permianville Royalty's Variance of 4.85, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,088) to confirm the risk estimate we provide. The company holds a Beta of 0.89, which implies possible diversification benefits within a given portfolio. Permianville Royalty returns are very sensitive to returns on the market. As the market goes up or down, Permianville Royalty is expected to follow. At this point, Permianville Royalty has a negative expected return of -0.23%. Please make sure to check Permianville Royalty's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Permianville Royalty performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Permianville Royalty Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Permianville Royalty time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Permianville Royalty price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Permianville Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Permianville Royalty lagged returns against current returns
Autocorrelation, which is Permianville Royalty 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 Permianville Royalty's stock expected returns. We can calculate the autocorrelation of Permianville Royalty returns to help us make a trade decision. For example, suppose you find that Permianville Royalty 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 |
Permianville Royalty 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 Permianville Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Permianville Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Permianville Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
Permianville Royalty Lagged Returns
When evaluating Permianville Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Permianville Royalty stock have on its future price. Permianville Royalty 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, Permianville Royalty autocorrelation shows the relationship between Permianville Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in Permianville Royalty Trust.
Regressed Prices |
| Timeline |
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Permianville Royalty 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.