Paramount Communications (India) Buy Hold or Sell Recommendation
| PARACABLES | 59.61 2.82 4.52% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Paramount Communications Limited is 'Strong Sell'. Macroaxis provides Paramount Communications buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PARACABLES positions.
Check out Paramount Communications 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. In addition, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Paramount Communications Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Paramount |
Execute Paramount Communications 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 Communications Limited. Macroaxis does not own or have any residual interests in Paramount Communications Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Communications' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Paramount Communications Trading Alerts and Improvement Suggestions
| Paramount Communications generated a negative expected return over the last 90 days | |
| Paramount Communications has high historical volatility and very poor performance | |
| Paramount Communications is unlikely to experience financial distress in the next 2 years | |
| Paramount Communications Limited has accumulated about 122.02 M in cash with (1.01 B) of positive cash flow from operations. | |
| Roughly 55.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Paramount Communications Sees Brief Recovery Amid Ongoing Market Challenges - MarketsMojo |
Paramount Communications Returns Distribution Density
The distribution of Paramount Communications' historical returns is an attempt to chart the uncertainty of Paramount Communications' future price movements. The chart of the probability distribution of Paramount Communications daily returns describes the distribution of returns around its average expected value. We use Paramount Communications Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Communications returns is essential to provide solid investment advice for Paramount Communications.
| Mean Return | -0.11 | Value At Risk | -5.48 | Potential Upside | 5.09 | Standard Deviation | 3.46 |
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 Communications 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 Communications Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 87.2M | (144.1M) | 15.1M | (1.2B) | (1.4B) | (1.3B) | |
| Change In Cash | 57.4M | (58.8M) | 165.9M | (134.1M) | (120.7M) | (114.7M) | |
| Free Cash Flow | 86.0M | 117.8M | 21.5M | (1.5B) | (1.8B) | (1.7B) | |
| Depreciation | 90.7M | 95.4M | 92.6M | 93.8M | 107.8M | 106.3M | |
| Other Non Cash Items | 3.8M | 22.4M | 46.3M | 19.9M | 22.8M | 21.7M | |
| Capital Expenditures | 57.3M | 28.7M | 89.5M | 525.7M | 473.1M | 496.8M | |
| Net Income | 31.0M | 82.1M | 477.7M | 819.8M | 942.8M | 989.9M | |
| End Period Cash Flow | 72.7M | 13.9M | 179.7M | 45.6M | 41.0M | 39.0M | |
| Investments | (32.6M) | (10.7M) | (163.4M) | (958.2M) | (862.4M) | (819.3M) | |
| Net Borrowings | (138.7M) | (68.1M) | (141.0M) | (168.5M) | (193.7M) | (203.4M) | |
| Change To Netincome | 47.4M | 3.8M | 22.4M | 46.3M | 41.7M | 39.6M |
Paramount Communications 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 Communications or Communications Equipment 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 Communications' 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 | -0.12 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 3.54 | |
Ir | Information ratio | -0.03 |
Paramount Communications Volatility Alert
Paramount Communications Limited exhibits very low volatility with skewness of -0.18 and kurtosis of 1.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paramount Communications' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paramount Communications' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paramount Communications Fundamentals Vs Peers
Comparing Paramount Communications' 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 Communications' direct or indirect competition across all of the common fundamentals between Paramount Communications and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Communications or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Communications' fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Communications by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Communications to competition |
| Fundamentals | Paramount Communications | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0816 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 18.11 B | 16.62 B |
| Shares Outstanding | 305.03 M | 571.82 M |
| Shares Owned By Insiders | 55.31 % | 10.09 % |
| Shares Owned By Institutions | 0.10 % | 39.21 % |
| Price To Book | 2.69 X | 9.51 X |
| Price To Sales | 1.31 X | 11.42 X |
| Revenue | 10.57 B | 9.43 B |
| Gross Profit | 3.68 B | 27.38 B |
| EBITDA | 972.63 M | 3.9 B |
| Net Income | 819.82 M | 570.98 M |
| Cash And Equivalents | 122.02 M | 2.7 B |
| Total Debt | 1.03 B | 5.32 B |
| Book Value Per Share | 22.24 X | 1.93 K |
| Cash Flow From Operations | (1.01 B) | 971.22 M |
| Earnings Per Share | 3.14 X | 3.12 X |
| Number Of Employees | 308 | 18.84 K |
| Market Capitalization | 18.18 B | 19.03 B |
| Total Asset | 8.27 B | 29.47 B |
| Retained Earnings | 1.09 B | 9.33 B |
| Working Capital | 4.4 B | 1.48 B |
| Net Asset | 8.27 B |
Paramount Communications 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.
About Paramount Communications Buy or Sell Advice
When is the right time to buy or sell Paramount Communications Limited? 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
In addition to having Paramount Communications 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.Did You Try This Idea?
Run Size And Style ETFs Thematic Idea Now
Size And Style ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Size And Style ETFs theme has 1187 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 Size And Style ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Paramount Stock
Paramount Communications financial ratios help investors to determine whether Paramount Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Paramount with respect to the benefits of owning Paramount Communications security.