Permian Resources Stock Price on December 17, 2024

PR Stock  USD 13.76  0.16  1.18%   
Below is the normalized historical share price chart for Permian Resources extending back to April 15, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Permian Resources stands at 13.76, as last reported on the 24th of December, with the highest price reaching 13.77 and the lowest price hitting 13.42 during the day.
IPO Date
1st of September 2022
200 Day MA
15.3959
50 Day MA
14.5786
Beta
4.351
 
Covid
If you're considering investing in Permian Stock, it is important to understand the factors that can impact its price. Currently, Permian Resources is not too volatile. Permian Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0187, which implies the firm had a 0.0187% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Permian Resources, which you can use to evaluate the volatility of the company. Please check Permian Resources' Risk Adjusted Performance of 0.0145, coefficient of variation of 9557.13, and Semi Deviation of 2.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0396%.
  
At this time, Permian Resources' Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 12/24/2024, Common Stock is likely to grow to about 80.8 K, while Common Stock Shares Outstanding is likely to drop slightly above 255.8 M. . At this time, Permian Resources' Price Book Value Ratio is relatively stable compared to the past year. As of 12/24/2024, Price To Free Cash Flows Ratio is likely to grow to 11.88, while Price Earnings Ratio is likely to drop 9.47. Permian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0187

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Estimated Market Risk

 2.12
  actual daily
18
82% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Permian Resources is performing at about 1% 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 Permian Resources by adding it to a well-diversified portfolio.
Price Book
1.075
Enterprise Value Ebitda
3.7476
Price Sales
2.2899
Shares Float
655.5 M
Dividend Share
0.68

Permian Resources Main Headline on 17th of December 2024

Singapore, Singapore, 17th December 2024, Chainwire

Permian Resources Valuation on December 17, 2024

It is possible to determine the worth of Permian Resources on a given historical date. On December 17, 2024 Permian was worth 13.95 at the beginning of the trading date compared to the closed value of 13.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Permian Resources stock. Still, in general, we apply an absolute valuation method to find Permian Resources' 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 Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Permian Resources' related companies.
 Open High Low Close Volume
  14.58    14.58    14.14    14.15    8,374,166  
12/17/2024
  13.95    14.05    13.70    13.97    8,689,347  
  14.00    14.19    13.50    13.52    7,675,921  
Backtest Permian Resources  |  Permian Resources History  |  Permian Resources Valuation   PreviousNext  
Open Value
13.95
13.97
Closing Value
20.31
Upside

Permian Resources Trading Date Momentum on December 17, 2024

On December 18 2024 Permian Resources was traded for  13.52  at the closing time. The highest price during the trading period was 14.19  and the lowest recorded bid was listed for  13.50 . The volume for the day was 7.7 M. This history from December 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.22% . The trading delta at closing time to the current price is 2.58% .

Permian Resources Fundamentals Correlations and Trends

By evaluating Permian Resources' 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 Resources' 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 Resources Stock history

Permian Resources 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 Resources 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 Resources stock prices may prove useful in developing a viable investing in Permian Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding389.1 M255.8 M
Net Income Applicable To Common Shares592.3 M621.9 M

Permian Resources Stock Technical Analysis

Permian Resources 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.
A focus of Permian Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Permian Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Permian Resources Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Permian Resources December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Permian Resources 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 Resources shares will generate the highest return on investment. By undertsting and applying Permian Resources stock market strength indicators, traders can identify Permian Resources entry and exit signals to maximize returns

Permian Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Permian Resources' 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.

Additional Tools for Permian Stock Analysis

When running Permian Resources' price analysis, check to measure Permian Resources' 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 Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.