Primeenergy Stock Price on December 26, 2024
| PNRG Stock | USD 215.00 1.17 0.55% |
If you're considering investing in PrimeEnergy Stock, it is important to understand the factors that can impact its price. As of today, the current price of PrimeEnergy stands at 215.00, as last reported on the 21st of March, with the highest price reaching 215.62 and the lowest price hitting 211.19 during the day. PrimeEnergy appears to be very steady, given 3 months investment horizon. PrimeEnergy maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for PrimeEnergy, which you can use to evaluate the volatility of the company. Please evaluate PrimeEnergy's Coefficient Of Variation of 931.34, risk adjusted performance of 0.103, and Semi Deviation of 2.86 to confirm if our risk estimates are consistent with your expectations.
PrimeEnergy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PrimeEnergy |
Sharpe Ratio = 0.1074
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Estimated Market Risk
| 3.93 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average PrimeEnergy is performing at about 8% 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 PrimeEnergy by adding it to a well-diversified portfolio.
Related Headline
Evolution Petroleum Headline on 26th of December 2024
Acquisition by Robert Herlin of 16807 shares of Evolution Pe... by Robert Herlin
Filed transaction by Evolution Petroleum Director. Grant, award or other acquisition pursuant to Rule 16b-3
PrimeEnergy Valuation on December 26, 2024
It is possible to determine the worth of PrimeEnergy on a given historical date. On December 26, 2024 PrimeEnergy was worth 203.0 at the beginning of the trading date compared to the closed value of 227.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PrimeEnergy stock. Still, in general, we apply an absolute valuation method to find PrimeEnergy'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 PrimeEnergy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PrimeEnergy's related companies.
| Open | High | Low | Close | Volume | |
| 176.00 | 201.20 | 176.00 | 201.20 | 18,679 | |
12/26/2024 | 203.00 | 227.81 | 202.00 | 227.00 | 18,007 |
| 224.52 | 232.30 | 211.47 | 216.42 | 15,043 |
| Backtest PrimeEnergy | | | PrimeEnergy History | | | PrimeEnergy Valuation | Previous | Next |
PrimeEnergy Trading Date Momentum on December 26, 2024
| On December 27 2024 PrimeEnergy was traded for 216.42 at the closing time. The top price for the day was 232.30 and the lowest listed price was 211.47 . The trading volume for the day was 15 K. The trading history from December 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.66% . The trading delta at closing time against the current closing price is 6.83% . |
PrimeEnergy Fundamentals Correlations and Trends
By evaluating PrimeEnergy'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 PrimeEnergy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PrimeEnergy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PrimeEnergy Stock history
PrimeEnergy 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 PrimeEnergy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PrimeEnergy 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 PrimeEnergy stock prices may prove useful in developing a viable investing in PrimeEnergy
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. The company was incorporated in 1973 and is headquartered in Houston, Texas. Primeenergy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 113 people.
PrimeEnergy Stock Technical Analysis
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.
Price Boundaries
PrimeEnergy Period Price Range
Low | March 21, 2025
| High |
0.00 | 0.00 |
PrimeEnergy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
PrimeEnergy March 21, 2025 Market Strength
Market strength 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 undertsting and applying PrimeEnergy stock market strength indicators, traders can identify PrimeEnergy entry and exit signals to maximize returns
PrimeEnergy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PrimeEnergy's price direction in advance. Along with the technical and fundamental analysis of PrimeEnergy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PrimeEnergy 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 | 0.103 | |||
| Jensen Alpha | 0.4035 | |||
| Total Risk Alpha | 0.7329 | |||
| Sortino Ratio | 0.1522 | |||
| Treynor Ratio | (3.40) |
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| Volume Indicators |
Complementary Tools for PrimeEnergy Stock analysis
When running PrimeEnergy's price analysis, check to measure PrimeEnergy'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 PrimeEnergy is operating at the current time. Most of PrimeEnergy's value examination focuses on studying past and present price action to predict the probability of PrimeEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PrimeEnergy's price. Additionally, you may evaluate how the addition of PrimeEnergy to your portfolios can decrease your overall portfolio volatility.
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