Parrot (France) Price on August 3, 2023
| PARRO Stock | EUR 2.39 0.10 4.37% |
If you're considering investing in Parrot Stock, it is important to understand the factors that can impact its price. As of today, the current price of Parrot stands at 2.39, as last reported on the 22nd of December, with the highest price reaching 2.40 and the lowest price hitting 2.31 during the day. Parrot appears to be very risky, given 3 months investment horizon. Parrot maintains Sharpe Ratio (i.e., Efficiency) of 0.0721, which implies the firm had a 0.0721% return per unit of risk over the last 3 months. We have found thirty technical indicators for Parrot, which you can use to evaluate the volatility of the company. Please evaluate Parrot's Semi Deviation of 1.71, coefficient of variation of 1262.66, and Risk Adjusted Performance of 0.0701 to confirm if our risk estimates are consistent with your expectations.
Parrot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Parrot |
Sharpe Ratio = 0.0721
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Parrot is performing at about 5% of its full potential. 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 Parrot by adding it to a well-diversified portfolio.
Parrot Valuation on August 3, 2023
It is possible to determine the worth of Parrot on a given historical date. On August 3, 2023 Parrot was worth 3.76 at the beginning of the trading date compared to the closed value of 3.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parrot stock. Still, in general, we apply an absolute valuation method to find Parrot'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 Parrot where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parrot's related companies.
| Open | High | Low | Close | Volume | |
| 3.80 | 3.80 | 3.63 | 3.65 | 5,406 | |
08/03/2023 | 3.76 | 3.76 | 3.60 | 3.72 | 12,855 |
| 3.89 | 3.89 | 3.62 | 3.72 | 5,532 |
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Parrot Trading Date Momentum on August 3, 2023
| On August 04 2023 Parrot was traded for 3.72 at the closing time. The highest price during the trading period was 3.89 and the lowest recorded bid was listed for 3.62 . The volume for the day was 5.5 K. This history from August 4, 2023 did not cause price change. The trading delta at closing time to the current price is 0.81% . |
Parrot Fundamentals Correlations and Trends
By evaluating Parrot'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 Parrot's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parrot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parrot Stock history
Parrot 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 Parrot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parrot 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 Parrot stock prices may prove useful in developing a viable investing in Parrot
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. Parrot S.A. was founded in 1994 and is headquartered in Paris, France. PARROT operates under Electronic Finished Products classification in France and is traded on Paris Stock Exchange. It employs 641 people.
Parrot Stock Technical Analysis
Parrot 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
Parrot Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Parrot cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Parrot December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Parrot stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parrot shares will generate the highest return on investment. By undertsting and applying Parrot stock market strength indicators, traders can identify Parrot entry and exit signals to maximize returns
Parrot Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parrot's price direction in advance. Along with the technical and fundamental analysis of Parrot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parrot 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 | 0.0701 | |||
| Jensen Alpha | 0.2313 | |||
| Total Risk Alpha | 0.1439 | |||
| Sortino Ratio | 0.0965 | |||
| Treynor Ratio | (1.57) |
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Additional Tools for Parrot Stock Analysis
When running Parrot's price analysis, check to measure Parrot'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 Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.