Paramount Gold (Germany) Buy Hold or Sell Recommendation
| P9G Stock | EUR 0.34 0.01 3.03% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Paramount Gold Nevada is 'Strong Sell'. Macroaxis provides Paramount Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding P9G positions.
Check out Paramount Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' constraints. Paramount Gold Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Paramount |
Execute Paramount Gold Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Gold Nevada. Macroaxis does not own or have any residual interests in Paramount Gold Nevada or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Paramount Gold Trading Alerts and Improvement Suggestions
| Paramount Gold has some characteristics of a very speculative penny stock | |
| Paramount Gold had very high historical volatility over the last 90 days | |
| Paramount Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.84 M) with loss before overhead, payroll, taxes, and interest of (640.35 K). | |
| Paramount Gold Nevada has accumulated about 3.11 M in cash with (6.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders |
Paramount Gold Returns Distribution Density
The distribution of Paramount Gold's historical returns is an attempt to chart the uncertainty of Paramount Gold's future price movements. The chart of the probability distribution of Paramount Gold daily returns describes the distribution of returns around its average expected value. We use Paramount Gold Nevada price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Gold returns is essential to provide solid investment advice for Paramount Gold.
| Mean Return | 0.02 | Value At Risk | -5.56 | Potential Upside | 6.25 | Standard Deviation | 3.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paramount Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paramount Gold or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paramount Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paramount stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0029 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 3.77 | |
Ir | Information ratio | 0.03 |
Paramount Gold Volatility Alert
Paramount Gold Nevada shows above-average downside volatility for the selected time horizon. Paramount Gold Nevada is a potential penny stock. Although Paramount Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Paramount Gold Nevada. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Paramount instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Paramount Gold Fundamentals Vs Peers
Comparing Paramount Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Gold's direct or indirect competition across all of the common fundamentals between Paramount Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Gold to competition |
| Fundamentals | Paramount Gold | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.0724 | -0.14 |
| Current Valuation | 19.29 M | 16.62 B |
| Shares Outstanding | 48.33 M | 571.82 M |
| Shares Owned By Insiders | 17.76 % | 10.09 % |
| Shares Owned By Institutions | 7.53 % | 39.21 % |
| Price To Earning | (4.27) X | 28.72 X |
| Price To Book | 0.37 X | 9.51 X |
| Price To Sales | 510.80 X | 11.42 X |
| Gross Profit | (640.35 K) | 27.38 B |
| EBITDA | (7.16 M) | 3.9 B |
| Net Income | (7.84 M) | 570.98 M |
| Cash And Equivalents | 3.11 M | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 4.22 M | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 4.49 X | 2.16 X |
| Book Value Per Share | 0.92 X | 1.93 K |
| Cash Flow From Operations | (6.7 M) | 971.22 M |
| Earnings Per Share | (0.13) X | 3.12 X |
| Target Price | 2.08 | |
| Number Of Employees | 7 | 18.84 K |
| Beta | 1.64 | -0.15 |
| Market Capitalization | 14.62 M | 19.03 B |
| Total Asset | 56.01 M | 29.47 B |
| Z Score | 1.8 | 8.72 |
| Net Asset | 56.01 M |
Paramount Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 0.34 | |||
| Day Typical Price | 0.34 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Paramount Gold Buy or Sell Advice
When is the right time to buy or sell Paramount Gold Nevada? Buying financial instruments such as Paramount Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Communication Services
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Additional Information and Resources on Investing in Paramount Stock
When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:Check out Paramount Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.