Paramount Resources Stock Buy Hold or Sell Recommendation
| POU Stock | CAD 30.50 0.29 0.94% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Paramount Resources is 'Strong Sell'. The recommendation algorithm takes into account all of Paramount Resources' available fundamental, technical, and predictive indicators you will find on this site.
Check out Paramount 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. In addition, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Paramount 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 board of governors.
Paramount |
Execute Paramount Resources Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Resources. Macroaxis does not own or have any residual interests in Paramount Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Paramount Resources Trading Alerts and Improvement Suggestions
| Paramount Resources has accumulated 29.2 M in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. Paramount Resources has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Paramount Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paramount Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount Resources' use of debt, we should always consider it together with cash and equity. | |
| About 45.0% of Paramount Resources outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Insiders At Paramount Resources Sold CA5.0m In Stock, Alluding To Potential Weakness - Simply Wall St |
Paramount Resources Returns Distribution Density
The distribution of Paramount Resources' historical returns is an attempt to chart the uncertainty of Paramount Resources' future price movements. The chart of the probability distribution of Paramount Resources daily returns describes the distribution of returns around its average expected value. We use Paramount Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Resources returns is essential to provide solid investment advice for Paramount Resources.
| Mean Return | 0.31 | Value At Risk | -2.34 | Potential Upside | 3.07 | Standard Deviation | 2.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount 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.
Paramount Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (13.3M) | (1.4M) | (2.9M) | 800K | 46.4M | 24.2M | |
| Free Cash Flow | (148.4M) | (140.3M) | 202.1M | 248.8M | 126.9M | 133.2M | |
| Depreciation | 263.3M | 151.8M | 60.9M | 335.8M | 445.1M | 467.4M | |
| Other Non Cash Items | (66.4M) | (53.6M) | 47.2M | (78.9M) | (180.2M) | (171.2M) | |
| Capital Expenditures | 404.1M | 221.3M | 280M | 800.8M | 811.3M | 851.9M | |
| Net Income | (87.9M) | (22.7M) | 236.9M | 680.6M | 470.2M | 493.7M | |
| End Period Cash Flow | 6.0M | 4.6M | 1.7M | 2.5M | 48.9M | 65.6M | |
| Investments | (98.5M) | (250.0M) | 65.8M | (654M) | (376.7M) | (357.9M) | |
| Net Borrowings | (190.2M) | 172.4M | (403M) | (236.8M) | (213.1M) | (202.5M) | |
| Change To Netincome | (104.0M) | (59.5M) | 136.2M | 64.9M | 74.6M | 78.4M |
Paramount 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 Paramount 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 Paramount Resources' price will be affected by overall stock 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 Paramount stock'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 | 0.31 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 2.40 | |
Ir | Information ratio | 0.09 |
Paramount Resources Volatility Alert
Paramount Resources has relatively low volatility with skewness of 3.8 and kurtosis of 23.68. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paramount Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paramount Resources' stock 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.Paramount Resources Fundamentals Vs Peers
Comparing Paramount 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 Paramount Resources' direct or indirect competition across all of the common fundamentals between Paramount Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Resources to competition |
| Fundamentals | Paramount Resources | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0573 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.24 % | (5.51) % |
| Current Valuation | 4.54 B | 16.62 B |
| Shares Outstanding | 146.6 M | 571.82 M |
| Shares Owned By Insiders | 45.30 % | 10.09 % |
| Shares Owned By Institutions | 8.54 % | 39.21 % |
| Number Of Shares Shorted | 3.83 M | 4.71 M |
| Price To Earning | 20.92 X | 28.72 X |
| Price To Book | 1.24 X | 9.51 X |
| Price To Sales | 2.49 X | 11.42 X |
| Revenue | 1.8 B | 9.43 B |
| Gross Profit | 1.39 B | 27.38 B |
| EBITDA | 1.05 B | 3.9 B |
| Net Income | 470.2 M | 570.98 M |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 29.2 M | 5.32 B |
| Debt To Equity | 0.47 % | 48.70 % |
| Current Ratio | 0.61 X | 2.16 X |
| Book Value Per Share | 24.55 X | 1.93 K |
| Cash Flow From Operations | 938.2 M | 971.22 M |
| Short Ratio | 5.05 X | 4.00 X |
| Earnings Per Share | 2.42 X | 3.12 X |
| Price To Earnings To Growth | (26.87) X | 4.89 X |
| Target Price | 39.75 | |
| Number Of Employees | 579 | 18.84 K |
| Beta | 3.0 | -0.15 |
| Market Capitalization | 4.47 B | 19.03 B |
| Total Asset | 4.39 B | 29.47 B |
| Retained Earnings | 632.4 M | 9.33 B |
| Working Capital | (89.4 M) | 1.48 B |
| Current Asset | 105.93 M | 9.34 B |
Paramount Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . 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 Paramount Resources Buy or Sell Advice
When is the right time to buy or sell Paramount Resources? Buying financial instruments such as Paramount Stock 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.
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Alternative Energy
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Other Information on Investing in Paramount Stock
Paramount Resources financial ratios help investors to determine whether Paramount Stock 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 Paramount with respect to the benefits of owning Paramount Resources security.