Permianville Royalty Trust Stock Technical Analysis
| PVL Stock | USD 1.58 0.01 0.64% |
As of the 29th of November, Permianville Royalty holds the Risk Adjusted Performance of (0.06), coefficient of variation of (1,139), and Variance of 4.72. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Permianville Royalty, as well as the relationship between them. Please check Permianville Royalty risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Permianville Royalty is priced some-what accurately, providing market reflects its current price of 1.58 per share. Please also confirm Permianville Royalty jensen alpha, which is currently at (0.31) to check out the company can sustain itself at a future point.
Permianville Royalty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Permianville, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PermianvillePermianville |
Permianville Royalty Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 0.5 | Strong Sell | 0 | Odds |
Most Permianville analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Permianville stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Permianville Royalty, talking to its executives and customers, or listening to Permianville conference calls.
Permianville Analyst Advice DetailsPermianville Royalty 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.
Permianville Royalty Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Permianville Royalty volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Permianville Royalty Trend Analysis
Use this graph to draw trend lines for Permianville Royalty Trust. You can use it to identify possible trend reversals for Permianville Royalty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Permianville Royalty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Permianville Royalty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Permianville Royalty Trust applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may imply that the returns on investment in Permianville Royalty Trust will continue to fail. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Permianville Royalty price change compared to its average price change.About Permianville Royalty Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Permianville Royalty Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Permianville Royalty Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Permianville Royalty price pattern first instead of the macroeconomic environment surrounding Permianville Royalty. By analyzing Permianville Royalty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Permianville Royalty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Permianville Royalty specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PTB Ratio | 0.92 | 1.09 | Dividend Yield | 0.39 | 0.41 |
Permianville Royalty November 29, 2024 Technical Indicators
Most technical analysis of Permianville help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Permianville from various momentum indicators to cycle indicators. When you analyze Permianville charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 1.51 | |||
| Coefficient Of Variation | (1,139) | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.72 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 3.38 | |||
| Skewness | 0.0027 | |||
| Kurtosis | 2.5 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permianville Royalty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Oil, Gas & Consumable Fuels 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 Permianville Royalty. If investors know Permianville 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 Permianville Royalty 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 0.051 | Earnings Share 0.2 | Revenue Per Share 0.101 | Quarterly Revenue Growth (0.99) | Return On Assets 0.0269 |
The market value of Permianville Royalty is measured differently than its book value, which is the value of Permianville that is recorded on the company's balance sheet. Investors also form their own opinion of Permianville Royalty's value that differs from its market value or its book value, called intrinsic value, which is Permianville Royalty's 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 Permianville Royalty's market value can be influenced by many factors that don't directly affect Permianville Royalty's 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 Permianville Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Permianville Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permianville Royalty's 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.