Petrus Resources Stock Price on October 1, 2024
| PTRUF Stock | USD 1.02 0.01 0.99% |
If you're considering investing in Petrus OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrus Resources stands at 1.02, as last reported on the 12th of December 2024, with the highest price reaching 1.03 and the lowest price hitting 1.02 during the day. At this point, Petrus Resources is very risky. Petrus Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0511, which implies the firm had a 0.0511% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Petrus Resources, which you can use to evaluate the volatility of the company. Please check Petrus Resources' Semi Deviation of 1.31, coefficient of variation of 992.43, and Risk Adjusted Performance of 0.078 to confirm if the risk estimate we provide is consistent with the expected return of 0.0753%.
Petrus OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrus |
Sharpe Ratio = 0.0511
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| Cash | Small Risk | PTRUF | High Risk | Huge Risk |
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Petrus Resources is performing at about 4% 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 Petrus Resources by adding it to a well-diversified portfolio.
Petrus Resources Valuation on October 1, 2024
It is possible to determine the worth of Petrus Resources on a given historical date. On October 1, 2024 Petrus was worth 1.02 at the beginning of the trading date compared to the closed value of 1.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrus Resources otc stock. Still, in general, we apply an absolute valuation method to find Petrus 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 Petrus Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrus Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.02 | 1.02 | 1.00 | 1.00 | 7,500 | |
10/01/2024 | 1.02 | 1.03 | 1.02 | 1.03 | 3,000 |
| 1.04 | 1.05 | 1.01 | 1.05 | 8,324 |
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Petrus Resources Trading Date Momentum on October 1, 2024
| On October 02 2024 Petrus Resources was traded for 1.05 at the closing time. The highest daily price throughout the period was 1.05 and the lowest price was 1.01 . The daily volume was 8.3 K. The net trading volume on 10/02/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.94% . The trading delta at closing time to current closing price is 0.97% . |
Petrus Resources Fundamentals Correlations and Trends
By evaluating Petrus 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 Petrus Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Petrus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Petrus Resources OTC Stock history
Petrus 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 Petrus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrus 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 Petrus Resources stock prices may prove useful in developing a viable investing in Petrus Resources
Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. Petrus Resources Ltd. was incorporated in 2015 and is headquartered in Calgary, Canada. Petrus Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Petrus Resources OTC Stock Technical Analysis
Petrus Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Petrus Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Petrus Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Petrus Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrus Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrus Resources shares will generate the highest return on investment. By undertsting and applying Petrus Resources otc stock market strength indicators, traders can identify Petrus Resources entry and exit signals to maximize returns
Petrus Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrus Resources' price direction in advance. Along with the technical and fundamental analysis of Petrus OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrus 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 | 0.078 | |||
| Jensen Alpha | 0.1571 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | (1.02) |
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| Volume Indicators |
Complementary Tools for Petrus OTC Stock analysis
When running Petrus Resources' price analysis, check to measure Petrus 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 Petrus Resources is operating at the current time. Most of Petrus Resources' value examination focuses on studying past and present price action to predict the probability of Petrus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrus Resources' price. Additionally, you may evaluate how the addition of Petrus Resources to your portfolios can decrease your overall portfolio volatility.
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