Primeenergy Stock Alpha and Beta Analysis
| PNRG Stock | USD 206.00 6.81 3.42% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PrimeEnergy. It also helps investors analyze the systematic and unsystematic risks associated with investing in PrimeEnergy over a specified time horizon. Remember, high PrimeEnergy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to PrimeEnergy's market risk premium analysis include:
Beta 1.52 | Alpha 0.59 | Risk 3.11 | Sharpe Ratio 0.23 | Expected Return 0.71 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
PrimeEnergy |
PrimeEnergy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PrimeEnergy market risk premium is the additional return an investor will receive from holding PrimeEnergy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PrimeEnergy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate PrimeEnergy's performance over market.| α | 0.59 | β | 1.52 |
PrimeEnergy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of PrimeEnergy's Buy-and-hold return. Our buy-and-hold chart shows how PrimeEnergy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PrimeEnergy Market Price Analysis
Market price analysis indicators help investors to evaluate how PrimeEnergy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PrimeEnergy shares will generate the highest return on investment. By understating and applying PrimeEnergy stock market price indicators, traders can identify PrimeEnergy position entry and exit signals to maximize returns.
PrimeEnergy Return and Market Media
The median price of PrimeEnergy for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 151.8 with a coefficient of variation of 13.76. The daily time series for the period is distributed with a sample standard deviation of 21.33, arithmetic mean of 155.06, and mean deviation of 17.99. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 904 shares by De Rothschild Robert of PrimeEnergy at 132.0003 subject to Rule 16b-3 | 09/05/2024 |
2 | Disposition of 100 shares by De Rothschild Robert of PrimeEnergy at 132.0 subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 1370 shares by De Rothschild Robert of PrimeEnergy at 127.0 subject to Rule 16b-3 | 09/09/2024 |
4 | Disposition of 2976 shares by De Rothschild Robert of PrimeEnergy at 134.0 subject to Rule 16b-3 | 09/13/2024 |
5 | Disposition of 2716 shares by De Rothschild Robert of PrimeEnergy at 132.9251 subject to Rule 16b-3 | 09/17/2024 |
6 | Heres Why We Think PrimeEnergy Resources Is Well Worth Watching | 09/19/2024 |
7 | The Zacks Analyst Blog Highlights NVIDIA, American Express, Wells Fargo, Elite Pharmaceuticals and PrimeEnergy | 09/30/2024 |
8 | Disposition of 278 shares by De Rothschild Robert of PrimeEnergy at 108.0024 subject to Rule 16b-3 | 10/21/2024 |
9 | Allspring Global Investments Holdings LLC Acquires Stake in PrimeEnergy Resources Co. | 11/05/2024 |
10 | PrimeEnergy Resources Corporation Announces third Quarter Results | 11/14/2024 |
11 | Uncovering November 2024s Hidden Gems in the United States | 11/15/2024 |
12 | PrimeEnergy Posts YY Earnings Growth in Q3 on Surging Oil Production | 11/20/2024 |
About PrimeEnergy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including PrimeEnergy or other stocks. Alpha measures the amount that position in PrimeEnergy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0331 | 0.0314 | Price To Sales Ratio | 1.6 | 1.01 |
PrimeEnergy Upcoming Company Events
As portrayed in its financial statements, the presentation of PrimeEnergy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PrimeEnergy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PrimeEnergy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PrimeEnergy. Please utilize our Beneish M Score to check the likelihood of PrimeEnergy's management manipulating its earnings.
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Align your risk with return expectations
Check out PrimeEnergy Backtesting, PrimeEnergy Valuation, PrimeEnergy Correlation, PrimeEnergy Hype Analysis, PrimeEnergy Volatility, PrimeEnergy History and analyze PrimeEnergy Performance. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
PrimeEnergy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.