Permian Basin Royalty Stock Price on March 6, 2024
| PBT Stock | USD 13.52 0.32 2.42% |
Below is the normalized historical share price chart for Permian Basin Royalty extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Permian Basin stands at 13.52, as last reported on the 30th of November, with the highest price reaching 13.74 and the lowest price hitting 13.25 during the day.
If you're considering investing in Permian Stock, it is important to understand the factors that can impact its price. Permian Basin appears to be not too volatile, given 3 months investment horizon. Permian Basin Royalty maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Permian Basin Royalty, which you can use to evaluate the volatility of the company. Please evaluate Permian Basin's Semi Deviation of 2.46, coefficient of variation of 757.2, and Risk Adjusted Performance of 0.1079 to confirm if our risk estimates are consistent with your expectations.
Common Stock Total Equity is likely to gain to about 1.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 37.3 M in 2024. . At this time, Permian Basin's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 24.42 in 2024, despite the fact that Price To Free Cash Flows Ratio is likely to grow to (10.66). Permian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 11.9352 | 50 Day MA 11.905 | Beta 0.598 |
Permian |
Sharpe Ratio = 0.1708
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Permian Basin is performing at about 13% 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 Permian Basin by adding it to a well-diversified portfolio.
Price Book 3.3 K | Enterprise Value Ebitda 16.8733 | Price Sales 20.5623 | Shares Float 37.6 M | Wall Street Target Price 13 |
Permian Basin Valuation on March 6, 2024
It is possible to determine the worth of Permian Basin on a given historical date. On March 6, 2024 Permian was worth 11.77 at the beginning of the trading date compared to the closed value of 11.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Permian Basin stock. Still, in general, we apply an absolute valuation method to find Permian Basin's 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 Permian Basin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Permian Basin's related companies.
| Open | High | Low | Close | Volume | |
| 10.71 | 11.71 | 10.61 | 11.61 | 322,738 | |
03/06/2024 | 11.77 | 11.77 | 11.17 | 11.29 | 251,081 |
| 11.26 | 11.42 | 11.14 | 11.14 | 127,020 |
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Permian Basin Trading Date Momentum on March 6, 2024
| On March 07 2024 Permian Basin Royalty was traded for 11.14 at the closing time. Highest Permian Basin's price during the trading hours was 11.42 and the lowest price during the day was 11.14 . The net volume was 127 K. The overall trading history on the 7th of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.33% . The trading delta at closing time to current price is 10.72% . |
Permian Basin Royalty Fundamentals Correlations and Trends
By evaluating Permian Basin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Permian Basin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Permian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Permian Basin Stock history
Permian Basin 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 Permian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Permian Basin Royalty 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 Permian Basin stock prices may prove useful in developing a viable investing in Permian Basin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.9 M | 37.3 M | |
| Net Income Applicable To Common Shares | 48.2 M | 34.1 M |
Permian Basin Quarterly Net Working Capital |
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Permian Basin Stock Technical Analysis
Permian Basin technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Permian Basin Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Permian Basin Royalty cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Permian Basin November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Permian Basin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Permian Basin shares will generate the highest return on investment. By undertsting and applying Permian Basin stock market strength indicators, traders can identify Permian Basin Royalty entry and exit signals to maximize returns
Permian Basin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Permian Basin's price direction in advance. Along with the technical and fundamental analysis of Permian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Permian 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 | 0.1079 | |||
| Jensen Alpha | 0.1898 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.3086 |
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Additional Tools for Permian Stock Analysis
When running Permian Basin's price analysis, check to measure Permian Basin'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 Permian Basin is operating at the current time. Most of Permian Basin's value examination focuses on studying past and present price action to predict the probability of Permian Basin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Basin's price. Additionally, you may evaluate how the addition of Permian Basin to your portfolios can decrease your overall portfolio volatility.