Prairie Provident Resources Stock Performance
| PPR Stock | CAD 0.05 0.01 9.09% |
On a scale of 0 to 100, Prairie Provident holds a performance score of 5. The company holds a Beta of 0.0378, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prairie Provident's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prairie Provident is expected to be smaller as well. Please check Prairie Provident's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Prairie Provident's historical price patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Prairie Provident Resources are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Prairie Provident displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 10.7 M |
Prairie |
Prairie Provident Relative Risk vs. Return Landscape
If you would invest 4.50 in Prairie Provident Resources on October 10, 2024 and sell it today you would earn a total of 0.50 from holding Prairie Provident Resources or generate 11.11% return on investment over 90 days. Prairie Provident Resources is generating 0.8515% of daily returns assuming 11.7635% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Prairie on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Prairie Provident Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prairie Provident's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prairie Provident Resources, and traders can use it to determine the average amount a Prairie Provident's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0724
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Estimated Market Risk
| 11.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.85 actual daily | 16 84% 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 Fundamentals Growth
Prairie Stock prices reflect investors' perceptions of the future prospects and financial health of Prairie Provident, and Prairie Provident fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Prairie Stock performance.
| Return On Asset | -0.0064 | ||||
| Profit Margin | (0.56) % | ||||
| Operating Margin | (0.51) % | ||||
| Current Valuation | 111.72 M | ||||
| Shares Outstanding | 1.2 B | ||||
| Price To Book | 0.13 X | ||||
| Price To Sales | 1.22 X | ||||
| Revenue | 67.93 M | ||||
| EBITDA | 15.7 M | ||||
| Cash And Equivalents | 1.4 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 77.77 M | ||||
| Debt To Equity | 434.90 % | ||||
| Book Value Per Share | (0.06) X | ||||
| Cash Flow From Operations | (10.65 M) | ||||
| Earnings Per Share | (0.04) X | ||||
| Total Asset | 167.33 M | ||||
| Retained Earnings | (229.75 M) | ||||
About Prairie Provident Performance
By examining Prairie Provident's fundamental ratios, stakeholders can obtain critical insights into Prairie Provident's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Prairie Provident is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Prairie Provident performance evaluation
Checking the ongoing alerts about Prairie Provident for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prairie Provident help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prairie Provident is way too risky over 90 days horizon | |
| Prairie Provident has some characteristics of a very speculative penny stock | |
| Prairie Provident appears to be risky and price may revert if volatility continues | |
| Prairie Provident has high likelihood to experience some financial distress in the next 2 years | |
| Prairie Provident has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Prairie Provident Resources has accumulated 77.77 M in total debt with debt to equity ratio (D/E) of 434.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prairie Provident has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prairie Provident until it has trouble settling it off, either with new capital or with free cash flow. So, Prairie Provident's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prairie Provident sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prairie to invest in growth at high rates of return. When we think about Prairie Provident's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 67.93 M. Net Loss for the year was (20.12 M) with profit before overhead, payroll, taxes, and interest of 43.3 M. | |
| Prairie Provident Resources has accumulated about 1.4 M in cash with (10.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 80.0% of Prairie Provident outstanding shares are owned by corporate insiders |
- Analyzing Prairie Provident's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Prairie Provident's stock is overvalued or undervalued compared to its peers.
- Examining Prairie Provident's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Prairie Provident's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prairie Provident's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prairie Provident's stock. These opinions can provide insight into Prairie Provident's potential for growth and whether the stock is currently undervalued or overvalued.
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.