Paramount Gold Nevada Stock Performance
| PZG Stock | USD 0.38 0.02 5.56% |
On a scale of 0 to 100, Paramount Gold holds a performance score of 4. The company holds a Beta of 0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Paramount Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Paramount Gold is expected to be smaller as well. Please check Paramount Gold's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Paramount Gold's historical price patterns will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Paramount Gold Nevada are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Paramount Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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| Begin Period Cash Flow | 824.9 K |
Paramount |
Paramount Gold Relative Risk vs. Return Landscape
If you would invest 35.00 in Paramount Gold Nevada on December 17, 2024 and sell it today you would earn a total of 3.00 from holding Paramount Gold Nevada or generate 8.57% return on investment over 90 days. Paramount Gold Nevada is generating 0.2222% of daily returns assuming volatility of 4.1633% on return distribution over 90 days investment horizon. In other words, 37% of stocks are less volatile than Paramount, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Paramount Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paramount Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Paramount Gold Nevada, and traders can use it to determine the average amount a Paramount Gold's 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 = 0.0534
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| Small Returns | PZG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Paramount Gold is performing at about 4% 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 Paramount Gold by adding it to a well-diversified portfolio.
Paramount Gold Fundamentals Growth
Paramount Stock prices reflect investors' perceptions of the future prospects and financial health of Paramount Gold, and Paramount Gold 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 Paramount Stock performance.
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0701 | ||||
| Current Valuation | 33.76 M | ||||
| Shares Outstanding | 67.6 M | ||||
| Price To Earning | (4.35) X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 573.42 X | ||||
| Gross Profit | (686.16 K) | ||||
| EBITDA | (3.81 M) | ||||
| Net Income | (8.06 M) | ||||
| Cash And Equivalents | 824.92 K | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 11.46 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 4.97 X | ||||
| Book Value Per Share | 0.53 X | ||||
| Cash Flow From Operations | (5.41 M) | ||||
| Earnings Per Share | (0.12) X | ||||
| Market Capitalization | 25.62 M | ||||
| Total Asset | 56.36 M | ||||
| Retained Earnings | (82.38 M) | ||||
| Working Capital | 6.06 M | ||||
| Current Asset | 7.44 M | ||||
| Current Liabilities | 559.9 K | ||||
About Paramount Gold Performance
By analyzing Paramount Gold's fundamental ratios, stakeholders can gain valuable insights into Paramount Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Paramount Gold 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 Paramount Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 16.8 K | 14.9 K | |
| Return On Tangible Assets | (0.13) | (0.14) | |
| Return On Capital Employed | (0.09) | (0.09) | |
| Return On Assets | (0.13) | (0.14) | |
| Return On Equity | (0.19) | (0.20) |
Things to note about Paramount Gold Nevada performance evaluation
Checking the ongoing alerts about Paramount Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Paramount Gold Nevada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Paramount Gold has some characteristics of a very speculative penny stock | |
| Paramount Gold had very high historical volatility over the last 90 days | |
| Paramount Gold has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (8.06 M) with loss before taxes, overhead, and interest of (686.16 K). | |
| Paramount Gold Nevada has about 824.92 K in cash with (5.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Paramount Gold has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
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- Analyzing Paramount Gold's 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 Paramount Gold's stock is overvalued or undervalued compared to its peers.
- Examining Paramount Gold's 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 Paramount Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Paramount Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Paramount Gold's stock. These opinions can provide insight into Paramount Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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