Prairiesky Royalty Stock Analysis

PrairieSky Pink Sheet Analysis Notes

About 68.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PrairieSky Royalty has Price/Earnings (P/E) ratio of 111.77. The entity last dividend was issued on the 29th of December 2022. PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. The company was incorporated in 2013 and is headquartered in Calgary, Canada. Prairiesky Rty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 55 people.The quote for PrairieSky Royalty is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about PrairieSky Royalty contact Andrew Phillips at 587 293 4000 or learn more at https://www.prairiesky.com.

PrairieSky Royalty Investment Alerts

PrairieSky Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PrairieSky Royalty's market, we take the total number of its shares issued and multiply it by PrairieSky Royalty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

PrairieSky Profitablity

The company has Profit Margin (PM) of 0.51 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.7 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.7.

Technical Drivers

As of the 24th of March, PrairieSky Royalty holds the Risk Adjusted Performance of (0.08), variance of 1.89, and Coefficient Of Variation of (1,068). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PrairieSky Royalty, as well as the relationship between them. Please check PrairieSky Royalty market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if PrairieSky Royalty is priced some-what accurately, providing market reflects its current price of 18.35 per share. Given that PrairieSky Royalty has information ratio of (0.05), we recommend you to check out PrairieSky Royalty's recent market performance to make sure the company can sustain itself at a future point.

PrairieSky Royalty Price Movement Analysis

PrairieSky Royalty Predictive Daily Indicators

PrairieSky Royalty Forecast Models

PrairieSky Royalty's time-series forecasting models are one of many PrairieSky Royalty's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary PrairieSky Royalty's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how PrairieSky Royalty prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling PrairieSky shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as PrairieSky Royalty. By using and applying PrairieSky Pink Sheet analysis, traders can create a robust methodology for identifying PrairieSky entry and exit points for their positions.

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