PR Stock | | | USD 14.17 0.04 0.28% |
Permian Resources financial indicator trend analysis is much more than just breaking down Permian Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Permian Resources is a good investment. Please check the relationship between Permian Resources Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
To learn how to invest in Permian Stock, please use our
How to Invest in Permian Resources guide.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Permian Resources Common Stock Shares Outstanding account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Permian Resources' Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.68. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Permian Resources, assuming nothing else is changed. The correlation between historical values of Permian Resources' Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Permian Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Permian Resources' Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Permian Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Permian Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
To learn how to invest in Permian Stock, please use our
How to Invest in Permian Resources guide.As of 02/18/2025,
Tax Provision is likely to grow to about 142.4
M, while
Selling General Administrative is likely to drop slightly above 104.2
M.
Permian Resources fundamental ratios Correlations
Click cells to compare fundamentals
Permian Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Permian Resources fundamental ratios Accounts
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.