Pedevco Stock Analysis

PED -  USA Stock  

USD 1.47  0.03  2.00%

The latest indifference towards the small price fluctuations of Pedevco Corp may encourage shareholders to take a closer look at the company as it is trading at a share price of 1.47 on 223,089 in trading volume. The company management teams did not add any value to Pedevco Corp investors in May. However, most investors can still diversify their portfolios with Pedevco Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.29. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Pedevco Corp partners.
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The Pedevco Corp stock analysis report makes it easy to digest most publicly released information about Pedevco Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Pedevco stock analysis module also helps to analyze the Pedevco Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Pedevco Stock Analysis Notes

About 80.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pedevco Corp recorded a loss per share of 0.45. The entity had not issued any dividends in recent years. The firm had 1:3 split on the 10th of July 2017. PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. The company was formerly known as Blast Energy Services, Inc. and changed its name to PEDEVCO Corp. in July 2012. Pedevco Corp operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 15 people. To find out more about Pedevco Corp contact Frank Ingriselli at 713 221 1768 or learn more at http://www.pedevco.com.

Pedevco Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Pedevco Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Pedevco Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Pedevco Corp may become a speculative penny stock
Pedevco Corp has very high historical volatility over the last 90 days
Pedevco Corp has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 8.06 M. Reported Net Loss for the year was (32.69 M) with profit before taxes, overhead, and interest of 3.62 M.
About 80.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Pedevco Corp exotic insider transaction detected

Pedevco Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Pedevco Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pedevco Corp backward and forwards among themselves. Pedevco Corp's institutional investor refers to the entity that pools money to purchase Pedevco Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares557.1 K813 K
Bridgeway Capital Management LlcCommon Shares470.1 K686 K
Pinnacle Associates LtdCommon Shares130 K190 K
Price T Rowe Associates IncCommon Shares78.1 K114 K
Geode Capital Management LlcCommon Shares75.2 K109 K
Shufro Rose Co LlcCommon Shares71.1 K104 K
Virtu Financial LlcCommon Shares65.6 K96 K
Note, although Pedevco Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Pedevco Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 120.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pedevco Corp's market, we take the total number of its shares issued and multiply it by Pedevco Corp'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 these looking for more risk prefer small-cap and mid-cap equities.

Management Efficiency

The entity has Return on Asset of (20.88) % which means that on every $100 spent on asset, it lost $20.88. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (36.09) %, meaning that it generated no profit with money invested by stockholders. Pedevco Corp management efficiency ratios could be used to measure how well pedevco corp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 17th of June 2021, Pedevco Corp holds the coefficient of variation of (14,212), and Risk Adjusted Performance of 0.0042. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pedevco Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Pedevco Corp, which can be compared to its competitors. Please check Pedevco Corp standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Pedevco Corp is priced some-what accurately, providing market reflects its current price of 1.47 per share. Please also confirm Pedevco Corp total risk alpha, which is currently at (0.46) to check out the company can sustain itself at a future point.

Pedevco Corp Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Pedevco Corp more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Pedevco Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Pedevco Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Pedevco Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Pedevco Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Pedevco Corp Predictive Daily Indicators

Pedevco Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Pedevco Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Pedevco Corp Forecast Models

Pedevco Corp time-series forecasting models is one of many Pedevco Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Pedevco Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Pedevco Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Pedevco Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Pedevco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Pedevco Corp. By using and applying Pedevco Stock analysis, traders can create a robust methodology for identifying Pedevco entry and exit points for their positions.
PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. The company was formerly known as Blast Energy Services, Inc. and changed its name to PEDEVCO Corp. in July 2012. Pedevco Corp operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 15 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Pedevco Corp to your portfolios without increasing risk or reducing expected return.

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Please check Your Equity Center. Note that the Pedevco Corp information on this page should be used as a complementary analysis to other Pedevco Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Pedevco Corp stock analysis, check to measure Pedevco Corp'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 Pedevco Corp is operating at the current time. Most of Pedevco Corp's stock examination focuses on studying past and present price action to predict the probability of Pedevco Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pedevco Corp's price. Additionally, you may evaluate how the addition of Pedevco Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Pedevco Corp is measured differently than its book value, which is the value of Pedevco that is recorded on the company's balance sheet. Investors also form their own opinion of Pedevco Corp stock's value that differs from its market value or its book value, called intrinsic value, which is Pedevco Corp'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 Pedevco Corp's market value can be influenced by many factors that don't directly affect Pedevco Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pedevco Corp's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Pedevco Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pedevco Corp's stock 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.