Paramount Resources Stock Price Prediction
POU Stock | CAD 30.50 0.29 0.94% |
Oversold Vs Overbought
69
Oversold | Overbought |
Quarterly Earnings Growth 0.085 | EPS Estimate Next Quarter 0.82 | Wall Street Target Price 39.75 | EPS Estimate Current Quarter 0.47 | Quarterly Revenue Growth 0.017 |
Using Paramount Resources hype-based prediction, you can estimate the value of Paramount Resources from the perspective of Paramount Resources response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Paramount Resources to buy its stock at a price that has no basis in reality. In that case, they are not buying Paramount because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Paramount Resources after-hype prediction price | CAD 30.66 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Paramount |
Paramount Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of Paramount Resources at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Paramount Resources or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Paramount Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Paramount Resources Estimiated After-Hype Price Volatility
In the context of predicting Paramount Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Paramount Resources' historical news coverage. Paramount Resources' after-hype downside and upside margins for the prediction period are 28.26 and 33.06, respectively. We have considered Paramount Resources' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Paramount Resources is very steady at this time. Analysis and calculation of next after-hype price of Paramount Resources is based on 3 months time horizon.
Paramount Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Paramount Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paramount Resources backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Paramount Resources, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.34 | 2.40 | 0.16 | 0.01 | 4 Events / Month | 1 Events / Month | In about 4 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
30.50 | 30.66 | 0.52 |
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Paramount Resources Hype Timeline
Paramount Resources is at this time traded for 30.50on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.16, and average elasticity to hype of competition of 0.01. Paramount is anticipated to increase in value after the next headline, with the price projected to jump to 30.66 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.52%, whereas the daily expected return is at this time at 0.34%. The volatility of related hype on Paramount Resources is about 5600.0%, with the expected price after the next announcement by competition of 30.51. The company reported the revenue of 1.8 B. Net Income was 470.2 M with profit before overhead, payroll, taxes, and interest of 1.39 B. Assuming the 90 days trading horizon the next anticipated press release will be in about 4 days. Check out Paramount Resources Basic Forecasting Models to cross-verify your projections.Paramount Resources Related Hype Analysis
Having access to credible news sources related to Paramount Resources' direct competition is more important than ever and may enhance your ability to predict Paramount Resources' future price movements. Getting to know how Paramount Resources' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Paramount Resources may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
AYA | Aya Gold Silver | 0.32 | 3 per month | 0.00 | (0.08) | 5.58 | (4.29) | 29.02 | |
HPQ | HPQ Silicon Resources | (0.01) | 1 per month | 0.00 | (0.18) | 6.90 | (4.17) | 17.21 | |
MSC | Millennium Silver Corp | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
OTC | Ocumetics Technology Corp | 0.03 | 1 per month | 2.50 | 0.02 | 6.90 | (6.06) | 17.07 | |
CMG | Computer Modelling Group | (0.11) | 1 per month | 0.00 | (0.07) | 3.43 | (3.47) | 14.52 | |
RCH | Richelieu Hardware | 0.07 | 4 per month | 0.00 | (0.09) | 2.65 | (2.66) | 7.60 | |
TGS | TGS Esports | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Paramount Resources Additional Predictive Modules
Most predictive techniques to examine Paramount price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Paramount using various technical indicators. When you analyze Paramount charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Paramount Resources Predictive Indicators
The successful prediction of Paramount Resources stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Paramount Resources, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Paramount Resources based on analysis of Paramount Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Paramount Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Paramount Resources's related companies. 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0398 | 0.0958 | 0.1 | Price To Sales Ratio | 1.6 | 2.06 | 1.96 |
Story Coverage note for Paramount Resources
The number of cover stories for Paramount Resources depends on current market conditions and Paramount Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Paramount Resources is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Paramount Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Paramount Resources Short Properties
Paramount Resources' future price predictability will typically decrease when Paramount Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Paramount Resources often depends not only on the future outlook of the potential Paramount Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Paramount Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 148.3 M | |
Cash And Short Term Investments | 48.9 M |
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.