Permian Resources Stock Market Value
| PR Stock | USD 13.63 0.70 5.41% |
| Symbol | Permian |
Permian Resources Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Permian Resources. If investors know Permian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Permian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.71 | Earnings Share 1.45 | Revenue Per Share | Quarterly Revenue Growth 0.154 |
The market value of Permian Resources is measured differently than its book value, which is the value of Permian that is recorded on the company's balance sheet. Investors also form their own opinion of Permian Resources' value that differs from its market value or its book value, called intrinsic value, which is Permian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Permian Resources' market value can be influenced by many factors that don't directly affect Permian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Permian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Permian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Permian Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Permian Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Permian Resources.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Permian Resources on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Permian Resources or generate 0.0% return on investment in Permian Resources over 90 days. Permian Resources is related to or competes with Devon Energy, EOG Resources, Coterra Energy, Range Resources, EQT, Comstock Resources, and Vital Energy. Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and r... More
Permian Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Permian Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Permian Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 3.34 |
Permian Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Permian Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Permian Resources' standard deviation. In reality, there are many statistical measures that can use Permian Resources historical prices to predict the future Permian Resources' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.1379 | |||
| Treynor Ratio | (0.31) |
Permian Resources Backtested Returns
Permian Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0153, which implies the firm had a -0.0153 % return per unit of risk over the last 3 months. Permian Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Permian Resources' Variance of 4.95, coefficient of variation of (980.15), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Permian Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Permian Resources is expected to be smaller as well. At this point, Permian Resources has a negative expected return of -0.0355%. Please make sure to check Permian Resources' treynor ratio and daily balance of power , to decide if Permian Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Permian Resources has good reverse predictability. Overlapping area represents the amount of predictability between Permian Resources time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Permian Resources price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Permian Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Permian Resources lagged returns against current returns
Autocorrelation, which is Permian Resources stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Permian Resources' stock expected returns. We can calculate the autocorrelation of Permian Resources returns to help us make a trade decision. For example, suppose you find that Permian Resources has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Permian Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Permian Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Permian Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Permian Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Permian Resources Lagged Returns
When evaluating Permian Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Permian Resources stock have on its future price. Permian Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Permian Resources autocorrelation shows the relationship between Permian Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Permian Resources.
Regressed Prices |
| Timeline |
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.