Permian Resources (Germany) Performance
| YZ8 Stock | 14.10 0.10 0.70% |
On a scale of 0 to 100, Permian Resources holds a performance score of 12. The company holds a Beta of -0.0578, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Permian Resources are expected to decrease at a much lower rate. During the bear market, Permian Resources is likely to outperform the market. Please check Permian Resources' potential upside, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to make a quick decision on whether Permian Resources' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Permian Resources are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Permian Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Permian |
Permian Resources Relative Risk vs. Return Landscape
If you would invest 1,375 in Permian Resources on November 9, 2024 and sell it today you would earn a total of 35.00 from holding Permian Resources or generate 2.55% return on investment over 90 days. Permian Resources is currently producing 0.3842% returns and takes up 2.3914% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than Permian, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Permian Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Permian Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Permian Resources, and traders can use it to determine the average amount a Permian Resources' 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 = 0.1607
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Permian Resources is performing at about 12% 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 Permian Resources by adding it to a well-diversified portfolio.
Things to note about Permian Resources performance evaluation
Checking the ongoing alerts about Permian Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Permian Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Permian Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Permian Resources' stock performance include:- Analyzing Permian Resources' 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 Permian Resources' stock is overvalued or undervalued compared to its peers.
- Examining Permian Resources' 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 Permian Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Permian Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Permian Resources' stock. These opinions can provide insight into Permian Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Permian Stock analysis
When running Permian Resources' price analysis, check to measure Permian Resources' 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 Permian Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.
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