Parex Resources Stock Performance
| PARXF Stock | USD 9.25 0.38 4.28% |
The company holds a Beta of -0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Parex Resources are expected to decrease at a much lower rate. During the bear market, Parex Resources is likely to outperform the market. At this point, Parex Resources has a negative expected return of -0.0035%. Please make sure to check Parex Resources' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Parex Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Parex Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Parex Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 330.6 M | |
| Total Cashflows From Investing Activities | -229 M |
Parex |
Parex Resources Relative Risk vs. Return Landscape
If you would invest 944.00 in Parex Resources on December 17, 2024 and sell it today you would lose (19.00) from holding Parex Resources or give up 2.01% of portfolio value over 90 days. Parex Resources is currently producing negative expected returns and takes up 2.4822% volatility of returns over 90 trading days. Put another way, 22% of traded pink sheets are less volatile than Parex, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parex Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parex Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Parex Resources, and traders can use it to determine the average amount a Parex Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0014
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| Negative Returns | PARXF |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parex Resources 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 Parex Resources by adding Parex Resources to a well-diversified portfolio.
Parex Resources Fundamentals Growth
Parex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Parex Resources, and Parex Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parex Pink Sheet performance.
| Return On Equity | 0.32 | |||
| Return On Asset | 0.26 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 1.12 B | |||
| Shares Outstanding | 108.11 M | |||
| Price To Earning | 19.69 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 1.06 B | |||
| EBITDA | 625.22 M | |||
| Cash And Equivalents | 392.79 M | |||
| Cash Per Share | 3.50 X | |||
| Total Debt | 6.45 M | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 13.58 X | |||
| Cash Flow From Operations | 534.3 M | |||
| Earnings Per Share | 3.98 X | |||
| Total Asset | 1.78 B | |||
About Parex Resources Performance
By analyzing Parex Resources' fundamental ratios, stakeholders can gain valuable insights into Parex Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Parex Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Parex Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. Parex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 371 people.Things to note about Parex Resources performance evaluation
Checking the ongoing alerts about Parex Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Parex Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parex Resources generated a negative expected return over the last 90 days |
- Analyzing Parex Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Parex Resources' stock is overvalued or undervalued compared to its peers.
- Examining Parex Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Parex Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parex Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parex Resources' pink sheet. These opinions can provide insight into Parex Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Parex Pink Sheet analysis
When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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