Prairiesky Royalty Stock Performance
| PSK Stock | CAD 29.52 0.73 2.41% |
PrairieSky Royalty has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, PrairieSky Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding PrairieSky Royalty is expected to be smaller as well. PrairieSky Royalty right now holds a risk of 1.36%. Please check PrairieSky Royalty potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if PrairieSky Royalty will be following its historical price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in PrairieSky Royalty are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating forward-looking signals, PrairieSky Royalty may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0339 | Payout Ratio 1.0645 | Forward Dividend Rate 1 | Dividend Date 2024-10-15 | Ex Dividend Date 2024-09-27 |
1 | PrairieSky Royalty Price Target Cut to C25.00 - MarketBeat | 10/01/2024 |
2 | PrairieSky Royalty price target raised to C31.50 from C31 at CIBC - TipRanks | 10/18/2024 |
PrairieSky |
PrairieSky Royalty Relative Risk vs. Return Landscape
If you would invest 2,759 in PrairieSky Royalty on August 29, 2024 and sell it today you would earn a total of 193.00 from holding PrairieSky Royalty or generate 7.0% return on investment over 90 days. PrairieSky Royalty is generating 0.1165% of daily returns assuming 1.3571% volatility of returns over the 90 days investment horizon. Simply put, 12% of all stocks have less volatile historical return distribution than PrairieSky Royalty, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PrairieSky Royalty Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PrairieSky Royalty's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as PrairieSky Royalty, and traders can use it to determine the average amount a PrairieSky Royalty'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 = 0.0858
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average PrairieSky Royalty is performing at about 6% 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 PrairieSky Royalty by adding it to a well-diversified portfolio.
PrairieSky Royalty Fundamentals Growth
PrairieSky Stock prices reflect investors' perceptions of the future prospects and financial health of PrairieSky Royalty, and PrairieSky Royalty 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 PrairieSky Stock performance.
| Return On Equity | 0.0809 | |||
| Return On Asset | 0.0581 | |||
| Profit Margin | 0.47 % | |||
| Operating Margin | 0.58 % | |||
| Current Valuation | 7.16 B | |||
| Shares Outstanding | 239 M | |||
| Price To Earning | 47.29 X | |||
| Price To Book | 2.57 X | |||
| Price To Sales | 14.82 X | |||
| Revenue | 513.2 M | |||
| Gross Profit | 612.7 M | |||
| EBITDA | 455.5 M | |||
| Net Income | 227.6 M | |||
| Cash And Equivalents | 10 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 188.1 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 0.28 X | |||
| Book Value Per Share | 11.47 X | |||
| Cash Flow From Operations | 318.9 M | |||
| Earnings Per Share | 0.93 X | |||
| Market Capitalization | 7.06 B | |||
| Total Asset | 3.31 B | |||
| Retained Earnings | (643.8 M) | |||
| Working Capital | (34.1 M) | |||
| Current Asset | 249.2 M | |||
| Current Liabilities | 38.9 M | |||
About PrairieSky Royalty Performance
By examining PrairieSky Royalty's fundamental ratios, stakeholders can obtain critical insights into PrairieSky Royalty's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that PrairieSky Royalty is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.94 | 3.10 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.13 | 0.14 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.08 | 0.08 |
Things to note about PrairieSky Royalty performance evaluation
Checking the ongoing alerts about PrairieSky Royalty for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for PrairieSky Royalty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| PrairieSky Royalty has accumulated 188.1 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. PrairieSky Royalty has a current ratio of 0.27, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PrairieSky Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, PrairieSky Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PrairieSky Royalty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PrairieSky to invest in growth at high rates of return. When we think about PrairieSky Royalty's use of debt, we should always consider it together with cash and equity. | |
| About 66.0% of PrairieSky Royalty shares are owned by institutional investors |
- Analyzing PrairieSky Royalty'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 PrairieSky Royalty's stock is overvalued or undervalued compared to its peers.
- Examining PrairieSky Royalty'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 PrairieSky Royalty's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PrairieSky Royalty's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of PrairieSky Royalty's stock. These opinions can provide insight into PrairieSky Royalty's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in PrairieSky Stock
PrairieSky Royalty financial ratios help investors to determine whether PrairieSky Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PrairieSky with respect to the benefits of owning PrairieSky Royalty security.