Paramount Competitors

Summary

PARAPDelisted Preferred Stock

USD 22.27 0.19 0.86%

Paramount Global competes with Paramount Global, Qurate Retail, and ATT; as well as few others. The company classifies itself under Communication Services sector and is part of Entertainment industry. Analyzing Paramount Global competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Paramount Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Paramount Global competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
22.27	22.27	22.27

Details

Intrinsic

Valuation

Low	Real	High
20.19	20.19	24.50

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paramount Global. Your research has to be compared to or analyzed against Paramount Global's peers to derive any actionable benefits. When done correctly, Paramount Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Paramount Global.

Paramount Global Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Paramount Global and its competitors represents the degree of relationship between the price movements of corresponding delisted preferred stocks. A correlation of about +1.0 implies that the price of Paramount and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Paramount Global does not affect the price movement of the other competitor.

	PARAA	QRTEP	HCDIP	T-PC	CSSEP
PARAA		-0.03	0.23	-0.74	-0.09	PARAA
QRTEP	-0.03		-0.32	0.26	-0.54	QRTEP
HCDIP	0.23	-0.32		-0.23	0.59	HCDIP
T-PC	-0.74	0.26	-0.23		-0.21	T-PC
CSSEP	-0.09	-0.54	0.59	-0.21		CSSEP
	PARAA	QRTEP	HCDIP	T-PC	CSSEP

Click cells to compare fundamentals

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High positive correlations

CSSEP	+ 0.59	HCDIP
T-PC	+ 0.26	QRTEP
HCDIP	+ 0.23	PARAA

High negative correlations

T-PC	- 0.74	PARAA
CSSEP	- 0.54	QRTEP
HCDIP	- 0.32	QRTEP
T-PC	- 0.23	HCDIP
CSSEP	- 0.21	T-PC
CSSEP	- 0.09	PARAA

Risk-Adjusted Indicators

There is a big difference between Paramount Preferred Stock performing well and Paramount Global Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Paramount Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PARAA	0.77	0.07	(0.02)	0.60	0.81	(0.94)	2.50	(1.19)	8.85
QRTEP	1.31	(0.16)	0.00	(0.03)	0.00	0.00	3.88	(3.18)	9.85
HCDIP	4.42	0.70	0.13	2.32	4.11	(5.55)	13.51	(7.98)	28.75
T-PC	0.52	(0.06)	0.00	(1.25)	0.00	0.00	1.15	(1.75)	3.94
CSSEP	14.01	4.03	0.21	(0.46)	13.57	(18.83)	18.26	(17.65)	332.88

Unable to evaluate fundamental data of [PARAA, QRTEP, HCDIP, T-PC, CSSEP] at this time. Please try again later

All Fundamental Data

Paramount Global Competitive Analysis

The better you understand Paramount Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Paramount Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Paramount Global's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PARAP	PARAA	QRTEP	HCDIP	T-PC	CSSEP
	0.86 22.27 Paramount	0.09 23.00 Paramount	0.19 36.57 Qurate	2.29 5.13 Harbor	0.05 20.25 ATT	37.50 0.40 Chicken
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Modest	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Above Average	Average	Dangerous	Average	Dangerous
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Sell	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Strong Hold	Strong Hold	Not Rated	Hold	Not Rated
Current Ratio	1.31 X	1.47 X	1.31 X	0.37 X	0.62 X	1.54 X
Net Asset	58.62 B	53.54 B	16.25 B	169.7 M	402.85 B	245.43 M
Profit Margin	0.10 %	(0.19) %	(0.22) %	(0.01) %	(0.07) %	(0.39) %
EBITDA	6.57 B	85 M	1.56 B	1.48 M	19.39 B	3.27 M
Operating Margin	0.09 %	0.11 %	0.07 %	0.01 %	0.19 %	(0.34) %
Current Valuation	N/A	21.19 B	52.08 B	277.29 M	398.5 B	475.15 M
Price To Book	N/A	0.91 X	N/A	N/A	N/A	N/A
Retained Earnings	N/A	13.83 B	N/A	N/A	N/A	N/A
Five Year Return	N/A	2.20 %	N/A	N/A	N/A	N/A
Beta	1.65	1.77	1.93	0.75	0.76	1.41
Number Of Employees	22.96 K	21.9 K	26.75 K	80	162.92 K	151
Shares Outstanding	N/A	40.7 M	N/A	N/A	N/A	11.62 M
Cash Flow From Operations	953 M	475 M	1.23 B	(86.42 M)	35.81 B	(30.37 M)
Annual Yield	0.19 %	0.01 %	0.16 %	0.34 %	0.06 %	0.12 %
Total Debt	17.7 B	15.86 B	5.67 B	5.27 M	128.42 B	55.28 M
Return On Equity	0.13	-0.3	-1.27	-0.0086	-0.0474	-0.55
Z Score	N/A	N/A	N/A	N/A	N/A	0.6
Return On Asset	0.0307	0.0337	0.0366	0.0014	0.03	-0.0625
Number Of Shares Shorted	158.3 K	466.02 K	210.69 K	1.89 K	296.77 K	8.11 K
Book Value Per Share	34.90 X	24.93 X	0.61 X	1.75 X	13.68 X	5.99 X
Total Asset	58.62 B	53.54 B	16.25 B	169.7 M	402.85 B	245.43 M
Debt To Equity	0.74 %	0.74 %	N/A	1.05 %	1.09 %	1.54 %
Short Ratio	2.89 X	10.24 X	2.24 X	0.06 X	1.70 X	0.35 X
Last Dividend Paid	0.96	0.2	N/A	N/A	1.11	N/A
Target Price	N/A	13.5	N/A	N/A	N/A	N/A
Shares Owned By Institutions	56.74 %	18.16 %	27.47 %	92.59 %	N/A	7.72 %
Market Capitalization	N/A	7.93 B	N/A	N/A	N/A	69.68 M
Price To Earning	4.91 X	4.97 X	125.36 X	169.42 X	142.02 X	13.78 X
Price To Earnings To Growth	N/A	0.51 X	N/A	N/A	N/A	N/A
Price To Sales	N/A	0.27 X	N/A	N/A	N/A	0.46 X
Net Income	4.63 B	(1.25 B)	340 M	8.86 K	(8.52 B)	(50.41 M)
Earnings Per Share	6.14 X	(9.06) X	0.33 X	0.46 X	2.38 X	(4.17) X
Shares Owned By Insiders	N/A	77.49 %	9.40 %	N/A	N/A	N/A
Revenue	28.59 B	29.65 B	14.04 B	72.35 K	120.74 B	110.4 M
Working Capital	N/A	3.05 B	N/A	N/A	N/A	N/A
Cash And Equivalents	3.38 B	4.04 B	624 M	22.02 M	2.42 B	23 M
Cash Per Share	5.21 X	6.22 X	1.63 X	1.53 X	0.34 X	1.53 X
Gross Profit	10.84 B	10.31 B	4.81 B	21.93 M	69.89 B	31.26 M
Day Typical Price	22.34	22.93	36.68	5.17	20.27	0.48
Accumulation Distribution	0.0265	0.0087	417.28	0.0248	3608.95	0.39
Market Facilitation Index	0.6	0.2	0.0	0.13	0.0	0.25
Daily Balance Of Power	0.3167	(0.10)	0.1458	(0.92)	(0.03)	(0.96)
Period Momentum Indicator	0.19	(0.02)	0.07	(0.12)	(0.01)	(0.24)
Rate Of Daily Change	1.01	1.0	1.0	0.98	1.0	0.63
Day Median Price	22.38	22.9	36.74	5.19	20.29	0.52
Price Action Indicator	(0.01)	0.09	(0.13)	(0.12)	(0.04)	(0.23)
Coefficient Of Variation	(1,005)	1338.04	(6,305)	824.15	(1,742)	1113.32
Mean Deviation	2.05	0.772	1.31	4.42	0.5233	14.01
Jensen Alpha	(0.31)	0.0687	(0.16)	0.6985	(0.06)	4.03
Total Risk Alpha	(0.82)	(0.09)	(0.30)	(0.12)	(0.16)	(1.86)
Sortino Ratio	N/A	(0.02)	N/A	0.1319	N/A	0.2075
Downside Variance	N/A	0.9476	N/A	22.74	N/A	236.61
Standard Deviation	3.4	1.24	1.87	6.1	0.7473	36.78
Kurtosis	19.04	6.61	1.67	1.27	1.57	40.48
Potential Upside	3.55	2.5	3.88	13.51	1.15	18.26
Treynor Ratio	0.9534	0.5985	(0.03)	2.32	(1.25)	(0.46)
Maximum Drawdown	26.37	8.85	9.85	28.75	3.94	332.88
Variance	11.53	1.54	3.48	37.25	0.5584	1352.94
Market Risk Adjusted Performance	0.9634	0.6085	(0.02)	2.33	(1.24)	(0.45)
Risk Adjusted Performance	(0.06)	0.0584	(0.01)	0.097	(0.04)	0.0751
Skewness	(3.08)	1.48	0.7446	0.8797	(0.58)	5.75
Semi Deviation	N/A	0.8147	N/A	4.11	N/A	13.57
Information Ratio	(0.13)	(0.02)	(0.08)	0.103	(0.21)	0.0868
Value At Risk	(3.58)	(1.19)	(3.18)	(7.98)	(1.75)	(17.65)
Expected Short fall	N/A	(0.94)	N/A	(5.55)	N/A	(18.83)
Downside Deviation	N/A	0.9735	N/A	4.77	N/A	15.38
Semi Variance	N/A	0.6638	N/A	16.89	N/A	184.21

Paramount Global Competition Performance Charts

Five steps to successful analysis of Paramount Global Competition

Paramount Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Paramount Global in relation to its competition. Paramount Global's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Paramount Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Paramount Global's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Paramount Global, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Paramount Global position

In addition to having Paramount Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipping Containers Theme or any other thematic opportunities.

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Paramount Preferred Stock

If you are still planning to invest in Paramount Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paramount Global's history and understand the potential risks before investing.

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