Petro Rio (Brazil) Today
| PRIO3 Stock | BRL 48.80 0.44 0.89% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Petro Rio is selling for under 48.80 as of the 19th of April 2024; that is -0.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 48.12. Petro Rio has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Petro Rio SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil. The company has 848.47 M outstanding shares. More on Petro Rio SA
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Follow Valuation Odds of Bankruptcy
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Petro 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. Petro Rio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Petro Rio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Investor CEO | Roberto Monteiro |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
Petro Rio SA (PRIO3) is traded on Sao Paulo Exchange in Brazil and employs 12 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 35.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Petro Rio's market, we take the total number of its shares issued and multiply it by Petro Rio'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. Petro Rio SA operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 848.47 M outstanding shares.
Petro Rio SA has accumulated about 6.56 B in cash with 2.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.78.
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Ownership AllocationPetro Rio owns a total of 848.47 Million outstanding shares. 30% of Petro Rio SA 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.
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Petro Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Petro Rio jumping above the current price in 90 days from now is about 14.98%. The Petro Rio SA probability density function shows the probability of Petro Rio stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Petro Rio has a beta of 0.286 indicating as returns on the market go up, Petro Rio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Petro Rio SA will be expected to be much smaller as well. Additionally, petro Rio SA has an alpha of 0.058, implying that it can generate a 0.058 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Petro Rio to move above the current price in 90 days from now is about 14.98 (This Petro Rio SA probability density function shows the probability of Petro Stock to fall within a particular range of prices over 90 days) .
Petro Rio SA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Petro Rio market risk premium is the additional return an investor will receive from holding Petro Rio 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 Petro Rio. 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 Petro Rio's alpha and beta are two of the key measurements used to evaluate Petro Rio's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.46 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.38 |
Petro Stock Against Markets
Picking the right benchmark for Petro Rio 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 Petro Rio 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 Petro Rio is critical whether you are bullish or bearish towards Petro Rio SA at a given time. Please also check how Petro Rio'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 Petro Rio 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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Petro Rio Corporate Directors
Petro Rio corporate directors refer to members of a Petro Rio board of directors. The board of directors generally takes responsibility for the Petro Rio'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 Petro Rio's board members must vote for the resolution. The Petro Rio board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Blener Mayhew | CFO, Director of Investor Relations, Director of New Business | Profile | |
| Ronaldo Silva | Independent Director | Profile | |
| William Steers | Independent Director | Profile | |
| Haroldo Lima | Independent Director | Profile |
How to buy Petro Stock?
Before investing in Petro Rio, 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 Petro Rio. To buy Petro Rio stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Petro Rio. 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 Petro Rio stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Petro Rio SA 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 Petro Rio SA 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 Petro Rio SA, 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 Petro Rio SA?
The danger of trading Petro Rio SA 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 Petro Rio 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 Petro Rio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Petro Rio SA 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 Petro Rio SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Petro Rio SA information on this page should be used as a complementary analysis to other Petro Rio'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 the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Petro Stock analysis
When running Petro Rio's price analysis, check to measure Petro Rio'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 Petro Rio is operating at the current time. Most of Petro Rio's value examination focuses on studying past and present price action to predict the probability of Petro Rio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petro Rio's price. Additionally, you may evaluate how the addition of Petro Rio to your portfolios can decrease your overall portfolio volatility.
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