Prairie Operating Ownership
| PROP Stock | USD 8.75 0.88 11.18% |
Prairie |
Prairie OTC Stock Ownership Analysis
The company recorded a loss per share of 0.0. Prairie Operating had not issued any dividends in recent years. The entity had 1:50 split on the 31st of August 2012. 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.The quote for Prairie Operating Co is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Prairie Operating Co contact the company at 865-227-4818 or learn more at http://www.pledgepcorp.com.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 together with Prairie OTC Stock
| 0.61 | GS | Goldman Sachs Group | PairCorr |
| 0.62 | MC | Moelis | PairCorr |
| 0.66 | MS | Morgan Stanley | PairCorr |
| 0.7 | SF | Stifel Financial | PairCorr |
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.