3R Petroleum (Brazil) Today
3R Petroleum is selling for under 16.26 as of the 28th of November 2024; that is 3.5% down since the beginning of the trading day. The stock's lowest day price was 16.13. Equity ratings for 3R Petroleum leo are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Valuation
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RRRP3 Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. 3R Petroleum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 3R Petroleum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Oil & Gas E&P, Energy (View all Sectors) |
3R Petroleum leo (RRRP3) is traded on Sao Paulo Exchange in Brazil and employs 6 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 3R Petroleum's market, we take the total number of its shares issued and multiply it by 3R Petroleum'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. 3R Petroleum leo operates under Energy sector and is part of Oil & Gas E&P industry. The entity has 202.59 M outstanding shares.
3R Petroleum leo has accumulated about 0 in cash with 62.84 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.38.
Check 3R Petroleum Probability Of Bankruptcy
3R Petroleum leo Risk Profiles
Although 3R Petroleum's alpha and beta are two of the key measurements used to evaluate 3R Petroleum's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.2 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.93 | |||
| Risk Adjusted Performance | (0.21) |
RRRP3 Stock Against Markets
3R Petroleum Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 3R Petroleum stock to make a market-neutral strategy. Peer analysis of 3R Petroleum could also be used in its relative valuation, which is a method of valuing 3R Petroleum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
3R Petroleum Corporate Management
Elected by the shareholders, the 3R Petroleum's board of directors comprises two types of representatives: 3R Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RRRP3. The board's role is to monitor 3R Petroleum's management team and ensure that shareholders' interests are well served. 3R Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, 3R Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wagner Medeiros | Accounting Mang | Profile | |
| Rodrigo Silva | Investor CFO | Profile | |
| Pedro Vasquez | Member Board | Profile | |
| Ricardo Savini | Pres Board | Profile | |
| Jorge Lorenzon | Member Board | Profile | |
| Mauro Rocha | Controller | Profile |
Additional Tools for RRRP3 Stock Analysis
When running 3R Petroleum's price analysis, check to measure 3R Petroleum'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 3R Petroleum is operating at the current time. Most of 3R Petroleum's value examination focuses on studying past and present price action to predict the probability of 3R Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3R Petroleum's price. Additionally, you may evaluate how the addition of 3R Petroleum to your portfolios can decrease your overall portfolio volatility.