Parex Resources Stock Buy Hold or Sell Recommendation

PARXF Stock  USD 9.22  0.03  0.32%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Parex Resources is 'Sell'. Macroaxis provides Parex Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PARXF positions.
  
Check out Parex Resources 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 Parex and provide practical buy, sell, or hold advice based on investors' constraints. Parex Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Execute Parex Resources Buy or Sell Advice

The Parex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Parex Resources. Macroaxis does not own or have any residual interests in Parex Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Parex Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Parex ResourcesBuy Parex Resources
Sell

Market Performance

Very WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Parex Resources has a Mean Deviation of 2.0, Standard Deviation of 2.62 and Variance of 6.85
We provide trade recommendations to complement the recent expert consensus on Parex Resources. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Parex Resources is not overpriced, please check all Parex Resources fundamentals, including its debt to equity, and the relationship between the ebitda and number of employees . Given that Parex Resources has a shares owned by institutions of 48.21 %, we recommend you to check out Parex Resources market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Parex Resources Trading Alerts and Improvement Suggestions

Parex Resources generated a negative expected return over the last 90 days

Parex Resources Returns Distribution Density

The distribution of Parex Resources' historical returns is an attempt to chart the uncertainty of Parex Resources' future price movements. The chart of the probability distribution of Parex Resources daily returns describes the distribution of returns around its average expected value. We use Parex Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Parex Resources returns is essential to provide solid investment advice for Parex Resources.
Mean Return
-0.17
Value At Risk
-4.27
Potential Upside
3.73
Standard Deviation
2.62
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Parex Resources 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.

Parex Resources 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 Parex Resources or Oil, Gas & Consumable Fuels 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 Parex Resources' price will be affected by overall pink sheet 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 Parex pink sheet'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 Jones0.49
σ
Overall volatility
2.46
Ir
Information ratio -0.03

Parex Resources Volatility Alert

Parex Resources exhibits very low volatility with skewness of -0.41 and kurtosis of 1.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Parex Resources' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Parex Resources' pink sheet 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.

Parex Resources Fundamentals Vs Peers

Comparing Parex Resources' 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 Parex Resources' direct or indirect competition across all of the common fundamentals between Parex Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Parex Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Parex Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Parex Resources to competition
FundamentalsParex ResourcesPeer Average
Return On Equity0.32-0.31
Return On Asset0.26-0.14
Profit Margin0.36 %(1.27) %
Operating Margin0.61 %(5.51) %
Current Valuation1.12 B16.62 B
Shares Outstanding108.11 M571.82 M
Shares Owned By Insiders1.51 %10.09 %
Shares Owned By Institutions48.21 %39.21 %
Price To Earning19.69 X28.72 X
Price To Book1.00 X9.51 X
Price To Sales1.18 X11.42 X
Revenue1.06 B9.43 B
Gross Profit728.57 M27.38 B
EBITDA625.22 M3.9 B
Net Income303.11 M570.98 M
Cash And Equivalents392.79 M2.7 B
Cash Per Share3.50 X5.01 X
Total Debt6.45 M5.32 B
Debt To Equity0 %48.70 %
Current Ratio1.81 X2.16 X
Book Value Per Share13.58 X1.93 K
Cash Flow From Operations534.3 M971.22 M
Earnings Per Share3.98 X3.12 X
Number Of Employees37118.84 K
Beta1.78-0.15
Market Capitalization1.96 B19.03 B
Total Asset1.78 B29.47 B
Annual Yield0.06 %
Net Asset1.78 B
Last Dividend Paid0.56

Parex Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Parex . 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 Parex Resources Buy or Sell Advice

When is the right time to buy or sell Parex Resources? Buying financial instruments such as Parex Pink Sheet 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 Parex Resources 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 Insurance Providers Thematic Idea Now

Insurance Providers
Insurance Providers Theme
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 40 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 Insurance Providers Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Parex Pink Sheet

Parex Resources financial ratios help investors to determine whether Parex Pink Sheet 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 Parex with respect to the benefits of owning Parex Resources security.