Prairie Provident Resources Stock Analysis

Prairie Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.17. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Prairie Provident last dividend was issued on the 10th of November 2015. The entity had 1:10 split on the 13th of August 2013. Prairie Provident Resources Inc. engages in the exploration and development of oil and natural gas properties in Alberta. The company was incorporated in 2016 and is headquartered in Calgary, Canada. Prairie Provident operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 38 people.The quote for Prairie Provident Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Prairie Provident Resources contact Remi Eng at 403 292 8000 or learn more at https://www.ppr.ca.

Prairie Provident Investment Alerts

Prairie Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prairie Provident's market, we take the total number of its shares issued and multiply it by Prairie Provident's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Prairie Profitablity

The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 26th of November, Prairie Provident holds the Risk Adjusted Performance of 0.0205, coefficient of variation of 6894.64, and Semi Deviation of 9.36. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prairie Provident, as well as the relationship between them. Please check Prairie Provident standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Prairie Provident is priced some-what accurately, providing market reflects its current price of 0.0213 per share. As Prairie Provident appears to be a penny stock we also advise to check out its total risk alpha numbers.

Prairie Provident Price Movement Analysis

Prairie Provident Predictive Daily Indicators

Prairie Provident Forecast Models

Prairie Provident's time-series forecasting models are one of many Prairie Provident's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Prairie Provident's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Prairie Provident prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Prairie shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Prairie Provident. By using and applying Prairie Pink Sheet analysis, traders can create a robust methodology for identifying Prairie entry and exit points for their positions.

When running Prairie Provident's price analysis, check to measure Prairie Provident'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 Provident is operating at the current time. Most of Prairie Provident's value examination focuses on studying past and present price action to predict the probability of Prairie Provident'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 Provident's price. Additionally, you may evaluate how the addition of Prairie Provident to your portfolios can decrease your overall portfolio volatility.