Permian Basin Royalty Stock Price on January 17, 2023
PBT Stock | USD 10.88 0.13 1.18% |
If you're considering investing in Permian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Permian Basin stands at 10.88, as last reported on the 26th of February, with the highest price reaching 11.15 and the lowest price hitting 10.79 during the day. Permian Basin Royalty maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Permian Basin Royalty exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Permian Basin's Risk Adjusted Performance of (0.10), coefficient of variation of (676.36), and Variance of 5.49 to confirm the risk estimate we provide.
Permian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Permian |
Sharpe Ratio = -0.1478
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PBT |
Estimated Market Risk
2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Permian Basin is not performing at its full potential. However, 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 Basin by adding Permian Basin to a well-diversified portfolio.
Permian Basin Valuation on January 17, 2023
It is possible to determine the worth of Permian Basin on a given historical date. On January 17, 2023 Permian was worth 22.21 at the beginning of the trading date compared to the closed value of 23.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Permian Basin stock. Still, in general, we apply an absolute valuation method to find Permian Basin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Permian Basin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Permian Basin's related companies.
Open | High | Low | Close | Volume | |
02/10/2023 | 22.21 | 23.60 | 22.15 | 23.15 | 218,425 |
23.29 | 23.29 | 22.72 | 22.93 | 106,171 |
Backtest Permian Basin | | | Permian Basin History | | | Permian Basin Valuation | Next |
Permian Basin Trading Date Momentum on January 17, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Permian Basin Royalty Fundamentals Correlations and Trends
By evaluating Permian Basin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Permian Basin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Permian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Permian Basin Stock history
Permian Basin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Permian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Permian Basin Royalty will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Permian Basin stock prices may prove useful in developing a viable investing in Permian Basin
Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various oil and gas properties in the United States. Permian Basin Royalty Trust was founded in 1980 and is based in Dallas, Texas. Permian Basin operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange.
Permian Basin Stock Technical Analysis
Permian Basin 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.
Price Boundaries
Permian Basin Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Permian Basin Royalty cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Permian Basin February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Permian Basin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Permian Basin shares will generate the highest return on investment. By undertsting and applying Permian Basin stock market strength indicators, traders can identify Permian Basin Royalty entry and exit signals to maximize returns
Permian Basin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Permian Basin's price direction in advance. Along with the technical and fundamental analysis of Permian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Permian to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.76) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Permian Stock Analysis
When running Permian Basin's price analysis, check to measure Permian Basin'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 Permian Basin is operating at the current time. Most of Permian Basin's value examination focuses on studying past and present price action to predict the probability of Permian Basin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Basin's price. Additionally, you may evaluate how the addition of Permian Basin to your portfolios can decrease your overall portfolio volatility.