Paramount Resources Stock Performance
| POU Stock | CAD 30.50 0.29 0.94% |
On a scale of 0 to 100, Paramount Resources holds a performance score of 11. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Paramount Resources are expected to decrease at a much lower rate. During the bear market, Paramount Resources is likely to outperform the market. Please check Paramount Resources' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Paramount Resources' historical price patterns will revert.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Paramount Resources are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Paramount Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.059 | Payout Ratio 0.2479 | Last Split Factor 1066:1000 | Forward Dividend Rate 1.8 | Dividend Date 2024-12-31 |
1 | Paramount Resources Upgraded by Cormark to Hold - MarketBeat | 09/25/2024 |
2 | Toronto Stocks Advance Paramount Resources Jumps on C3.33B Alberta Asset Sale - MarketWatch | 11/14/2024 |
3 | Paramount Resources signs 3.32 billion asset sale - MSN | 11/20/2024 |
4 | Insiders At Paramount Resources Sold CA5.0m In Stock, Alluding To Potential Weakness - Simply Wall St | 12/09/2024 |
| Begin Period Cash Flow | 2.5 M |
Paramount |
Paramount Resources Relative Risk vs. Return Landscape
If you would invest 2,495 in Paramount Resources on September 16, 2024 and sell it today you would earn a total of 555.00 from holding Paramount Resources or generate 22.24% return on investment over 90 days. Paramount Resources is generating 0.3363% of daily returns assuming 2.3997% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Paramount Resources, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Paramount Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paramount Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Paramount Resources, and traders can use it to determine the average amount a Paramount 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 = 0.1401
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | POU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Paramount Resources is performing at about 11% 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 Resources by adding it to a well-diversified portfolio.
Paramount Resources Fundamentals Growth
Paramount Stock prices reflect investors' perceptions of the future prospects and financial health of Paramount Resources, and Paramount 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 Paramount Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0573 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 4.54 B | ||||
| Shares Outstanding | 146.6 M | ||||
| Price To Earning | 20.92 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 2.49 X | ||||
| Revenue | 1.8 B | ||||
| Gross Profit | 1.39 B | ||||
| EBITDA | 1.05 B | ||||
| Net Income | 470.2 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 29.2 M | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 0.61 X | ||||
| Book Value Per Share | 24.55 X | ||||
| Cash Flow From Operations | 938.2 M | ||||
| Earnings Per Share | 2.42 X | ||||
| Market Capitalization | 4.47 B | ||||
| Total Asset | 4.39 B | ||||
| Retained Earnings | 632.4 M | ||||
| Working Capital | (89.4 M) | ||||
| Current Asset | 105.93 M | ||||
| Current Liabilities | 208.53 M | ||||
About Paramount Resources Performance
By examining Paramount Resources' fundamental ratios, stakeholders can obtain critical insights into Paramount Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Paramount Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.49 | 4.27 | |
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.13 | 0.14 |
Things to note about Paramount Resources performance evaluation
Checking the ongoing alerts about Paramount Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Paramount Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 |
- Analyzing Paramount 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 Paramount Resources' stock is overvalued or undervalued compared to its peers.
- Examining Paramount 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 Paramount Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Paramount Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Paramount Resources' stock. These opinions can provide insight into Paramount Resources' potential for growth and whether the stock is currently undervalued or overvalued.
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.