Paramount Gold (Germany) Price on December 10, 2024
P9G Stock | EUR 0.33 0.01 2.94% |
If you're considering investing in Paramount Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paramount Gold stands at 0.33, as last reported on the 13th of December 2024, with the highest price reaching 0.33 and the lowest price hitting 0.33 during the day. Paramount Gold Nevada maintains Sharpe Ratio (i.e., Efficiency) of -0.0565, which implies the firm had a -0.0565% return per unit of risk over the last 3 months. Paramount Gold Nevada exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paramount Gold's Variance of 15.27, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,197) to confirm the risk estimate we provide.
Paramount Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paramount |
Sharpe Ratio = -0.0565
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | P9G |
Estimated Market Risk
3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paramount Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Paramount Gold by adding Paramount Gold to a well-diversified portfolio.
Paramount Gold Valuation on December 10, 2024
It is possible to determine the worth of Paramount Gold on a given historical date. On December 10, 2024 Paramount was worth 0.34 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paramount Gold stock. Still, in general, we apply an absolute valuation method to find Paramount Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Paramount Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paramount Gold's related companies.
Open | High | Low | Close | Volume | |
0.33 | 0.33 | 0.33 | 0.33 | 50.00 | |
12/10/2024 | 0.34 | 0.34 | 0.34 | 0.34 | 50.00 |
0.33 | 0.33 | 0.33 | 0.33 | 50.00 |
Backtest Paramount Gold | | | Paramount Gold History | | | Paramount Gold Valuation | Previous | Next |
Paramount Gold Trading Date Momentum on December 10, 2024
On December 11 2024 Paramount Gold Nevada was traded for 0.33 at the closing time. The highest daily price throughout the period was 0.33 and the lowest price was 0.33 . The daily volume was 50.0. The net trading volume on 12/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.94% . The trading delta at closing time to current closing price is 2.94% . |
Paramount Gold Nevada Fundamentals Correlations and Trends
By evaluating Paramount Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Paramount Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paramount financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paramount Gold Stock history
Paramount Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Paramount is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paramount Gold Nevada will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Paramount Gold stock prices may prove useful in developing a viable investing in Paramount Gold
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.
Paramount Gold Stock Technical Analysis
Paramount Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Paramount Gold Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Paramount Gold Nevada cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Paramount Gold December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Paramount Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paramount Gold shares will generate the highest return on investment. By undertsting and applying Paramount Gold stock market strength indicators, traders can identify Paramount Gold Nevada entry and exit signals to maximize returns
Paramount Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paramount Gold's price direction in advance. Along with the technical and fundamental analysis of Paramount Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paramount to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | 0.1342 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |