Panoro Energy (Norway) Today
| PEN Stock | NOK 28.10 0.35 1.26% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Panoro Energy is selling for 28.10 as of the 24th of April 2024. This is a 1.26 percent increase since the beginning of the trading day. The stock's lowest day price was 27.65. Panoro Energy has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Panoro Energy ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2023 and ending today, the 24th of April 2024. Click here to learn more.
Panoro Energy ASA engages in the exploration and production of oil and gas resources in West Africa. The company was incorporated in 2009 and is based in Oslo, Norway. PANORO ENERGY operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. The company has 113.69 M outstanding shares. More on Panoro Energy ASA
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| 0.83 | OKEA | Okea ASA Earnings Call Tomorrow | PairCorr |
| 0.67 | PNOR | Petronor EP | PairCorr |
Moving against Panoro Stock
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Follow Valuation Odds of Bankruptcy
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Panoro 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. Panoro Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Panoro Energy 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) |
Panoro Energy ASA (PEN) is traded on Oslo Stock Exchange in Norway and employs 29 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Panoro Energy's market, we take the total number of its shares issued and multiply it by Panoro Energy'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. Panoro Energy ASA operates under Energy sector and is part of Oil & Gas E&P industry. The entity has 113.69 M outstanding shares.
Panoro Energy ASA has accumulated about 8.14 M in cash with 70.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Panoro Energy Probability Of Bankruptcy
Ownership AllocationPanoro Energy owns a total of 113.69 Million outstanding shares. 30% of Panoro Energy ASA outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Panoro Ownership Details
Panoro Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Panoro Energy jumping above the current price in 90 days from now is about 8.19%. The Panoro Energy ASA probability density function shows the probability of Panoro Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Panoro Energy ASA has a beta of -0.2146 indicating as returns on the benchmark increase, returns on holding Panoro Energy are expected to decrease at a much lower rate. During a bear market, however, Panoro Energy ASA is likely to outperform the market. Additionally, panoro Energy ASA has an alpha of 0.1447, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Panoro Energy to move above the current price in 90 days from now is about 8.19 (This Panoro Energy ASA probability density function shows the probability of Panoro Stock to fall within a particular range of prices over 90 days) .
Panoro Energy ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Panoro Energy market risk premium is the additional return an investor will receive from holding Panoro Energy 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 Panoro Energy. 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 Panoro Energy's alpha and beta are two of the key measurements used to evaluate Panoro Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.17 | |||
| Semi Deviation | 1.27 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.16 |
Panoro Stock Against Markets
Picking the right benchmark for Panoro Energy 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 Panoro Energy 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 Panoro Energy is critical whether you are bullish or bearish towards Panoro Energy ASA at a given time. Please also check how Panoro Energy'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 Panoro Energy 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?
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| All Next | Launch Module |
Panoro Energy Corporate Management
Elected by the shareholders, the Panoro Energy's board of directors comprises two types of representatives: Panoro Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Panoro. The board's role is to monitor Panoro Energy's management team and ensure that shareholders' interests are well served. Panoro Energy'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, Panoro Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Qazi Qadeer | Chief Officer | Profile | |
| Thor Tangen | Ex Devel | Profile | |
| Richard Morton | Technical Director | Profile | |
| Nigel McKim | Projects Director | Profile | |
| John FCCA | Chief Officer | Profile |
How to buy Panoro Stock?
Before investing in Panoro Energy, 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 Panoro Energy. To buy Panoro Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Panoro Energy. 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 Panoro Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Panoro Energy ASA 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 Panoro Energy ASA 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 Panoro Energy ASA, 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 Panoro Energy ASA?
The danger of trading Panoro Energy ASA 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 Panoro Energy 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 Panoro Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Panoro Energy ASA 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 Panoro Energy ASA. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Panoro Stock analysis
When running Panoro Energy's price analysis, check to measure Panoro Energy'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 Panoro Energy is operating at the current time. Most of Panoro Energy's value examination focuses on studying past and present price action to predict the probability of Panoro Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panoro Energy's price. Additionally, you may evaluate how the addition of Panoro Energy to your portfolios can decrease your overall portfolio volatility.
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