Paramount Resources Stock Alpha and Beta Analysis
| POU Stock | CAD 30.50 0.29 0.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Paramount Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Paramount Resources over a specified time horizon. Remember, high Paramount Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Paramount Resources' market risk premium analysis include:
Beta (0.12) | Alpha 0.31 | Risk 2.42 | Sharpe Ratio 0.13 | Expected Return 0.32 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Paramount |
Paramount Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Paramount Resources market risk premium is the additional return an investor will receive from holding Paramount Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Paramount Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Paramount Resources' performance over market.| α | 0.31 | β | -0.12 |
Paramount Resources expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Paramount Resources' Buy-and-hold return. Our buy-and-hold chart shows how Paramount Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Paramount Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Paramount Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paramount Resources shares will generate the highest return on investment. By understating and applying Paramount Resources stock market price indicators, traders can identify Paramount Resources position entry and exit signals to maximize returns.
Paramount Resources Return and Market Media
The median price of Paramount Resources for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 is 27.12 with a coefficient of variation of 7.93. The daily time series for the period is distributed with a sample standard deviation of 2.22, arithmetic mean of 27.97, and mean deviation of 1.98. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
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 |
About Paramount Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Paramount or other stocks. Alpha measures the amount that position in Paramount Resources has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0398 | 0.0958 | 0.1 | Price To Sales Ratio | 1.6 | 2.06 | 1.96 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paramount Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paramount Resources' short interest history, or implied volatility extrapolated from Paramount Resources options trading.
Build Portfolio with Paramount Resources
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.