Paragon Financial Statements From 2010 to 2024
Paragon Offshore financial statements provide useful quarterly and yearly information to potential Paragon Offshore Plc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Paragon Offshore financial statements helps investors assess Paragon Offshore's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Paragon Offshore's valuation are summarized below:Paragon Offshore Plc does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Paragon Offshore Technical models . Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price.
Check Paragon Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paragon Offshore's main balance sheet or income statement drivers, such as , as well as many indicators such as . Paragon financial statements analysis is a perfect complement when working with Paragon Offshore Valuation or Volatility modules.
Paragon |
Paragon Offshore Plc OTC Stock Return On Asset Analysis
Paragon Offshore's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Paragon Offshore Return On Asset | 7.39 |
Most of Paragon Offshore's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Paragon Offshore Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Paragon Offshore Plc has a Return On Asset of 7.39. This is much higher than that of the sector and significantly higher than that of the Return On Asset industry. The return on asset for all United States stocks is notably lower than that of the firm.
Paragon Offshore Plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Paragon Offshore's current stock value. Our valuation model uses many indicators to compare Paragon Offshore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paragon Offshore competition to find correlations between indicators driving Paragon Offshore's intrinsic value. More Info.Paragon Offshore Plc is considered to be number one stock in return on asset category among its peers. It is rated below average in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Paragon Offshore by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Paragon Offshore's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Pair Trading with Paragon Offshore
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paragon Offshore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paragon Offshore will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Morgan Stanley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morgan Stanley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Morgan Stanley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Morgan Stanley to buy it.
The correlation of Morgan Stanley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Morgan Stanley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morgan Stanley moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Morgan Stanley can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Paragon Offshore Plc information on this page should be used as a complementary analysis to other Paragon Offshore's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Paragon OTC Stock
If you are still planning to invest in Paragon Offshore Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paragon Offshore's history and understand the potential risks before investing.
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