Permex Petroleum Stock Performance
| OILCF Stock | USD 2.54 0.16 5.93% |
Permex Petroleum holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -155.45, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Permex Petroleum are expected to decrease by larger amounts. On the other hand, during market turmoil, Permex Petroleum is expected to outperform it. Use Permex Petroleum maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to analyze future returns on Permex Petroleum.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Permex Petroleum are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady fundamental indicators, Permex Petroleum reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7356.00 | |
| Total Cashflows From Investing Activities | 1.1 M |
Permex |
Permex Petroleum Relative Risk vs. Return Landscape
If you would invest 360.00 in Permex Petroleum on December 5, 2024 and sell it today you would lose (106.00) from holding Permex Petroleum or give up 29.44% of portfolio value over 90 days. Permex Petroleum is currently producing 17.5342% returns and takes up 132.2059% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Permex, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Permex Petroleum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Permex Petroleum's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Permex Petroleum, and traders can use it to determine the average amount a Permex Petroleum's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1326
| Best Portfolio | Best Equity | OILCF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 132.21 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Permex Petroleum is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Permex Petroleum by adding it to a well-diversified portfolio.
Permex Petroleum Fundamentals Growth
Permex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Permex Petroleum, and Permex Petroleum fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Permex Pink Sheet performance.
| Return On Equity | -0.34 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 929.07 K | |||
| Shares Outstanding | 1.93 M | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 6.82 X | |||
| Revenue | 106.89 K | |||
| EBITDA | (1.43 M) | |||
| Cash And Equivalents | 5.37 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 40 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 5.98 X | |||
| Cash Flow From Operations | (951.57 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 10.37 M | |||
About Permex Petroleum Performance
By analyzing Permex Petroleum's fundamental ratios, stakeholders can gain valuable insights into Permex Petroleum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Permex Petroleum has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Permex Petroleum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Vancouver, Canada. PERMEX PETROLEUM is traded on PNK Exchange in the United States.Things to note about Permex Petroleum performance evaluation
Checking the ongoing alerts about Permex Petroleum for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Permex Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Permex Petroleum is way too risky over 90 days horizon | |
| Permex Petroleum appears to be risky and price may revert if volatility continues | |
| Permex Petroleum has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 106.89 K. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 49.27 K. | |
| Permex Petroleum has accumulated about 5.37 M in cash with (951.57 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 33.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Permex Petroleum's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Permex Petroleum's stock is overvalued or undervalued compared to its peers.
- Examining Permex Petroleum's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Permex Petroleum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Permex Petroleum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Permex Petroleum's pink sheet. These opinions can provide insight into Permex Petroleum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Permex Pink Sheet analysis
When running Permex Petroleum's price analysis, check to measure Permex Petroleum'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 Permex Petroleum is operating at the current time. Most of Permex Petroleum's value examination focuses on studying past and present price action to predict the probability of Permex Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permex Petroleum's price. Additionally, you may evaluate how the addition of Permex Petroleum to your portfolios can decrease your overall portfolio volatility.
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