Prairie Provident Resources Stock Price on November 27, 2024
| PPR Stock | CAD 0.05 0.01 9.09% |
If you're considering investing in Prairie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prairie Provident stands at 0.05, as last reported on the 9th of January, with the highest price reaching 0.06 and the lowest price hitting 0.04 during the day. Prairie Provident appears to be out of control, given 3 months investment horizon. Prairie Provident maintains Sharpe Ratio (i.e., Efficiency) of 0.073, which implies the firm had a 0.073% return per unit of risk over the last 3 months. By analyzing Prairie Provident's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please evaluate Prairie Provident's Risk Adjusted Performance of 0.0675, semi deviation of 8.88, and Coefficient Of Variation of 1370.28 to confirm if our risk estimates are consistent with your expectations.
Prairie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prairie |
Sharpe Ratio = 0.073
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Estimated Market Risk
| 11.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Prairie Provident is performing at about 5% 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 Prairie Provident by adding it to a well-diversified portfolio.
Prairie Provident Valuation on November 27, 2024
It is possible to determine the worth of Prairie Provident on a given historical date. On November 27, 2024 Prairie was worth 0.035 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prairie Provident stock. Still, in general, we apply an absolute valuation method to find Prairie Provident'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 Prairie Provident where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prairie Provident's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.04 | 347,092 | |
11/27/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 129,700 |
| 0.03 | 0.04 | 0.03 | 0.04 | 62,400 |
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Prairie Provident Trading Date Momentum on November 27, 2024
| On November 28 2024 Prairie Provident Resources was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 62.4 K. The volume of trading on 28th of November 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 16.67% . The trading delta at closing time to the closing price today is 16.67% . |
Prairie Provident Fundamentals Correlations and Trends
By evaluating Prairie Provident'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 Prairie Provident's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prairie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prairie Provident Stock history
Prairie Provident 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 Prairie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prairie Provident 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 Prairie Provident stock prices may prove useful in developing a viable investing in Prairie Provident
Prairie Provident Resources Inc. explores for and develops oil and natural gas properties primarily in Alberta. The company was incorporated in 2016 and is headquartered in Calgary, Canada. PRAIRIE PROVIDENT operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 41 people.
Prairie Provident Stock Technical Analysis
Prairie Provident 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
Prairie Provident Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Prairie Provident Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Prairie Provident January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Prairie Provident stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prairie Provident shares will generate the highest return on investment. By undertsting and applying Prairie Provident stock market strength indicators, traders can identify Prairie Provident Resources entry and exit signals to maximize returns
Prairie Provident Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prairie Provident's price direction in advance. Along with the technical and fundamental analysis of Prairie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prairie 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 | 0.0675 | |||
| Jensen Alpha | 0.8864 | |||
| Total Risk Alpha | 0.595 | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | (0.49) |
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Other Information on Investing in Prairie Stock
Prairie Provident financial ratios help investors to determine whether Prairie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prairie with respect to the benefits of owning Prairie Provident security.