Paramount Gold Financials
P9G Stock | EUR 0.36 0.01 2.70% |
Paramount |
Paramount Gold Stock Summary
Paramount Gold competes with Fukuyama Transporting, NTG Nordic, Air Transport, Kaufman Broad, and New Residential. Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. Paramount Gold Nevada Corp. was founded in 1992 and is headquartered in Winnemucca, Nevada. PARAMOUNT GOLD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7 people.Foreign Associate | Germany |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US69924M1099 |
Business Address | 665 Anderson Street, |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.paramountnevada.com |
Phone | 775 625 3600 |
Currency | EUR - Euro |
You should never invest in Paramount Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Paramount Stock, because this is throwing your money away. Analyzing the key information contained in Paramount Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Paramount Gold Key Financial Ratios
There are many critical financial ratios that Paramount Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Paramount Gold Nevada reports annually and quarterly.Return On Equity | -0.15 | |||
Return On Asset | -0.0724 | |||
Target Price | 2.08 | |||
Beta | 1.64 | |||
Z Score | 1.8 |
Paramount Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Paramount Gold's current stock value. Our valuation model uses many indicators to compare Paramount Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paramount Gold competition to find correlations between indicators driving Paramount Gold's intrinsic value. More Info.Paramount Gold Nevada is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Paramount Gold's earnings, one of the primary drivers of an investment's value.Paramount Gold Nevada Systematic Risk
Paramount Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Paramount Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Paramount Gold Nevada correlated with the market. If Beta is less than 0 Paramount Gold generally moves in the opposite direction as compared to the market. If Paramount Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Paramount Gold Nevada is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Paramount Gold is generally in the same direction as the market. If Beta > 1 Paramount Gold moves generally in the same direction as, but more than the movement of the benchmark.
Paramount Gold December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Paramount Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Paramount Gold Nevada. We use our internally-developed statistical techniques to arrive at the intrinsic value of Paramount Gold Nevada based on widely used predictive technical indicators. In general, we focus on analyzing Paramount Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Paramount Gold's daily price indicators and compare them against related drivers.
Downside Deviation | 4.66 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 20.33 | |||
Value At Risk | (5.88) | |||
Potential Upside | 6.25 |
Complementary Tools for Paramount Stock analysis
When running Paramount Gold's price analysis, check to measure Paramount Gold'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 Paramount Gold is operating at the current time. Most of Paramount Gold's value examination focuses on studying past and present price action to predict the probability of Paramount Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Gold's price. Additionally, you may evaluate how the addition of Paramount Gold to your portfolios can decrease your overall portfolio volatility.
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