Bp Prudhoe Bay Stock Price on February 29, 2024
| BPT Stock | USD 2.23 0.03 1.33% |
Below is the normalized historical share price chart for BP Prudhoe Bay extending back to May 23, 1989. 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 BP Prudhoe stands at 2.23, as last reported on the 4th of May, with the highest price reaching 2.27 and the lowest price hitting 2.20 during the day.
If you're considering investing in BPT Stock, it is important to understand the factors that can impact its price. BP Prudhoe Bay retains Efficiency (Sharpe Ratio) of -0.0296, which signifies that the company had a -0.0296% return per unit of price deviation over the last 3 months. BP Prudhoe exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BP Prudhoe's Information Ratio of (0.06), market risk adjusted performance of (1.23), and Variance of 18.82 to double-check the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 4.7 M in 2024. Common Stock Shares Outstanding is likely to drop to about 17.1 M in 2024. At this time, BP Prudhoe's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 9.64 in 2024, whereas Price To Book Ratio is likely to drop 10.12 in 2024. BPT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of May 1989 | 200 Day MA 4.0644 | 50 Day MA 2.3988 | Beta 0.077 |
BPT |
Sharpe Ratio = -0.0296
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| Negative Returns | BPT |
Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BP Prudhoe is not performing at its full potential. However, 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 BP Prudhoe by adding BP Prudhoe to a well-diversified portfolio.
Price Book 12.3727 | Enterprise Value Ebitda 10.562 | Price Sales 8.8665 | Shares Float 21.4 M | Wall Street Target Price 2.52 |
Related Headline
Ecopetrol Headline on 29th of February 2024
Colombias Ecopetrol posts Q4 profit down 38 by finance.yahoo.com
Colombias majority state-owned oil company Ecopetrol on Thursday reported a fourth-quarter net profit that fell 38 percent to 4.23 trillion pesos from a year earlier. The oil companys revenues edged down 12 percent to 34.79 trillion pesos, it said in a filing.
BP Prudhoe Valuation on February 29, 2024
It is possible to determine the worth of BP Prudhoe on a given historical date. On February 29, 2024 BPT was worth 2.31 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BP Prudhoe stock. Still, in general, we apply an absolute valuation method to find BP Prudhoe'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 BP Prudhoe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BP Prudhoe's related companies.
| Open | High | Low | Close | Volume | |
| 2.40 | 2.40 | 2.30 | 2.31 | 158,567 | |
02/29/2024 | 2.31 | 2.32 | 2.15 | 2.18 | 185,329 |
| 2.21 | 2.32 | 2.19 | 2.29 | 290,837 |
| Backtest BP Prudhoe | | | BP Prudhoe History | | | BP Prudhoe Valuation | Previous | Next |
BP Prudhoe Trading Date Momentum on February 29, 2024
| On March 01 2024 BP Prudhoe Bay was traded for 2.29 at the closing time. Highest BP Prudhoe's price during the trading hours was 2.32 and the lowest price during the day was 2.19 . The net volume was 290.8 K. The overall trading history on the 1st of March contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 5.05% . The overall trading delta to current price is 2.75% . |
BP Prudhoe Bay Fundamentals Correlations and Trends
By evaluating BP Prudhoe'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 BP Prudhoe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BPT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BP Prudhoe Stock history
BP Prudhoe 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 BPT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BP Prudhoe Bay 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 BP Prudhoe stock prices may prove useful in developing a viable investing in BP Prudhoe
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.3 M | 17.1 M | |
| Net Income Applicable To Common Shares | 72.8 M | 94.6 M |
BP Prudhoe Stock Technical Analysis
BP Prudhoe 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
BP Prudhoe Period Price Range
Low | February 29, 2024
| High |
2.31 | 2.18 |
BP Prudhoe May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how BP Prudhoe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BP Prudhoe shares will generate the highest return on investment. By undertsting and applying BP Prudhoe stock market strength indicators, traders can identify BP Prudhoe Bay entry and exit signals to maximize returns
| Accumulation Distribution | 13580.14 | |||
| Daily Balance Of Power | (0.76) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 2.24 | |||
| Day Typical Price | 2.22 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | 0.05 |
BP Prudhoe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BP Prudhoe's price direction in advance. Along with the technical and fundamental analysis of BPT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BPT 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 | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (1.24) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BP Prudhoe Bay. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for BPT Stock analysis
When running BP Prudhoe's price analysis, check to measure BP Prudhoe'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 BP Prudhoe is operating at the current time. Most of BP Prudhoe's value examination focuses on studying past and present price action to predict the probability of BP Prudhoe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP Prudhoe's price. Additionally, you may evaluate how the addition of BP Prudhoe to your portfolios can decrease your overall portfolio volatility.
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Is BP Prudhoe's industry 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 BP Prudhoe. If investors know BPT 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 BP Prudhoe 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 (0.49) | Earnings Share 0.26 | Revenue Per Share 0.324 | Quarterly Revenue Growth (0.99) | Return On Assets 0.6157 |
The market value of BP Prudhoe Bay is measured differently than its book value, which is the value of BPT that is recorded on the company's balance sheet. Investors also form their own opinion of BP Prudhoe's value that differs from its market value or its book value, called intrinsic value, which is BP Prudhoe'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 BP Prudhoe's market value can be influenced by many factors that don't directly affect BP Prudhoe'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 BP Prudhoe's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP Prudhoe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP Prudhoe'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.