Prairiesky Royalty Stock Today
| PSK Stock | CAD 27.73 0.35 1.28% |
Performance23 of 100
| Odds Of DistressLess than 5
|
PrairieSky Royalty is selling at 27.73 as of the 20th of April 2024; that is 1.28 percent increase since the beginning of the trading day. The stock's open price was 27.38. PrairieSky Royalty has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for PrairieSky Royalty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Energy |
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 ROYALTY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 239 M outstanding shares of which 3.27 M shares are at this time shorted by private and institutional investors with about 10.31 days to cover all short positions. More on PrairieSky Royalty
Moving together with PrairieSky Stock
| 0.72 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.75 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.65 | LCX | Lycos Energy | PairCorr |
Moving against PrairieSky Stock
| 0.83 | FLOW | Flow Beverage Corp | PairCorr |
PrairieSky 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. PrairieSky Royalty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PrairieSky Royalty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, PrairieSky Royalty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PrairieSky Royalty's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Andrew Phillips | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
PrairieSky Royalty's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to PrairieSky Royalty's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PrairieSky Royalty's financial leverage. It provides some insight into what part of PrairieSky Royalty's total assets is financed by creditors.
| |||||
PrairieSky Royalty (PSK) is traded on Toronto Exchange in Canada and employs 65 people. PrairieSky Royalty is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.54 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 Royalty operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 239 M outstanding shares of which 3.27 M shares are at this time shorted by private and institutional investors with about 10.31 days to cover all short positions.
PrairieSky Royalty has accumulated about 10 M in cash with 331.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check PrairieSky Royalty Probability Of Bankruptcy
Ownership AllocationPrairieSky Royalty has a total of 239 Million outstanding shares. Over half of PrairieSky Royalty's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in PrairieSky Royalty. Please watch out for any change in the institutional holdings of PrairieSky Royalty as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check PrairieSky Ownership Details
PrairieSky Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of PrairieSky Royalty jumping above the current price in 90 days from now is about 6.19%. The PrairieSky Royalty probability density function shows the probability of PrairieSky Royalty stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PrairieSky Royalty has a beta of -0.1488 indicating as returns on the benchmark increase, returns on holding PrairieSky Royalty are expected to decrease at a much lower rate. During a bear market, however, PrairieSky Royalty is likely to outperform the market. Additionally, prairieSky Royalty has an alpha of 0.2899, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of PrairieSky Royalty to move above the current price in 90 days from now is about 6.19 (This PrairieSky Royalty probability density function shows the probability of PrairieSky Stock to fall within a particular range of prices over 90 days) .
PrairieSky Royalty Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PrairieSky Royalty market risk premium is the additional return an investor will receive from holding PrairieSky Royalty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PrairieSky Royalty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PrairieSky Royalty's alpha and beta are two of the key measurements used to evaluate PrairieSky Royalty's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 0.8988 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 |
PrairieSky Stock Against Markets
Picking the right benchmark for PrairieSky Royalty stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PrairieSky Royalty stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PrairieSky Royalty is critical whether you are bullish or bearish towards PrairieSky Royalty at a given time. Please also check how PrairieSky Royalty's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PrairieSky Royalty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
PrairieSky Royalty Corporate Directors
PrairieSky Royalty corporate directors refer to members of a PrairieSky Royalty board of directors. The board of directors generally takes responsibility for the PrairieSky Royalty's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PrairieSky Royalty's board members must vote for the resolution. The PrairieSky Royalty board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jane Gavan | Director | Profile | |
| Grant Zawalsky | Independent Director | Profile | |
| Margaret McKenzie | Independent Director | Profile | |
| Robert Robotti | Independent Director | Profile |
How to buy PrairieSky Stock?
Before investing in PrairieSky Royalty, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PrairieSky Royalty. To buy PrairieSky Royalty stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PrairieSky Royalty. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PrairieSky Royalty stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PrairieSky Royalty stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PrairieSky Royalty stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PrairieSky Royalty, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in PrairieSky Royalty?
The danger of trading PrairieSky Royalty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PrairieSky Royalty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PrairieSky Royalty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PrairieSky Royalty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrairieSky Royalty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for PrairieSky Stock analysis
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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |