Paramount Gold Stock Forward View
| PZG Stock | USD 1.77 0.04 2.31% |
Paramount Stock outlook is based on your current time horizon. We recommend always using this module together with an analysis of Paramount Gold's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Paramount Gold's stock price is roughly 69 indicating that the stock is rather overbought by investors as of 30th of January 2026. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Paramount, making its price go up or down. Momentum 69
Buy Stretched
Oversold | Overbought |
EPS Estimate Current Year (0.11) | Wall Street Target Price 1.7 | EPS Estimate Current Quarter (0.02) | Quarterly Revenue Growth (0.55) |
Using Paramount Gold hype-based prediction, you can estimate the value of Paramount Gold Nevada from the perspective of Paramount Gold response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Paramount Gold Nevada on the next trading day is expected to be 1.90 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.57. Paramount Gold after-hype prediction price | USD 1.73 |
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 | Build AI portfolio with Paramount Stock |
Paramount Gold 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 |
Paramount Gold Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Paramount Gold's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2005-06-30 | Previous Quarter 1.4 M | Current Value 4.2 M | Quarterly Volatility 5.9 M |
Paramount Gold Naive Prediction Price Forecast For the 31st of January
Given 90 days horizon, the Naive Prediction forecasted value of Paramount Gold Nevada on the next trading day is expected to be 1.90 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.57.Please note that although there have been many attempts to predict Paramount Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Paramount Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Paramount Gold Stock Forecast Pattern
| Backtest Paramount Gold | Paramount Gold Price Prediction | Buy or Sell Advice |
Paramount Gold Forecasted Value
In the context of forecasting Paramount Gold's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Paramount Gold's downside and upside margins for the forecasting period are 0.02 and 6.50, respectively. We have considered Paramount Gold's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Paramount Gold stock data series using in forecasting. Note that when a statistical model is used to represent Paramount Gold stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.1767 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0422 |
| MAPE | Mean absolute percentage error | 0.0335 |
| SAE | Sum of the absolute errors | 2.5732 |
Predictive Modules for Paramount Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paramount Gold Nevada. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Paramount Gold After-Hype Price Density Analysis
As far as predicting the price of Paramount Gold 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 Gold 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 Gold, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Paramount Gold Estimiated After-Hype Price Volatility
In the context of predicting Paramount Gold's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Paramount Gold's historical news coverage. Paramount Gold's after-hype downside and upside margins for the prediction period are 0.09 and 6.33, respectively. We have considered Paramount Gold's 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 Gold is dangerous at this time. Analysis and calculation of next after-hype price of Paramount Gold Nevada is based on 3 months time horizon.
Paramount Gold Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Paramount Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paramount Gold 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 Gold, 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 |
1.01 | 4.60 | 0.10 | 0.05 | 7 Events / Month | 7 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.77 | 1.73 | 0.00 |
|
Paramount Gold Hype Timeline
On the 30th of January Paramount Gold Nevada is traded for 1.77. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of -0.05. Paramount is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 1.01%. %. The volatility of related hype on Paramount Gold is about 8846.15%, with the expected price after the next announcement by competition of 1.72. About 21.0% of the company outstanding shares are owned by corporate insiders. The book value of Paramount Gold was at this time reported as 0.45. The company recorded a loss per share of 0.13. Paramount Gold Nevada had not issued any dividends in recent years. The entity had 2:1 split on the July 25, 2005. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Paramount Gold to cross-verify your projections.Paramount Gold Related Hype Analysis
Having access to credible news sources related to Paramount Gold's direct competition is more important than ever and may enhance your ability to predict Paramount Gold's future price movements. Getting to know how Paramount Gold's 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 Gold may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GORO | Gold Resource | (0.02) | 10 per month | 5.29 | 0.15 | 12.90 | (8.28) | 45.64 | |
| NAMM | Namib Minerals Ordinary | (0.01) | 9 per month | 5.74 | 0.13 | 31.29 | (11.72) | 155.91 | |
| LOOP | Loop Industries | 0.02 | 7 per month | 0.00 | (0.11) | 6.74 | (6.42) | 18.20 | |
| ALTO | Alto Ingredients | (0.1) | 9 per month | 3.36 | 0.24 | 13.41 | (6.27) | 32.45 | |
| ORGN | Origin Materials | (0.02) | 8 per month | 0.00 | (0.36) | 6.82 | (8.70) | 22.98 | |
| NEXM | NexMetals Mining Corp | (0.13) | 10 per month | 0.00 | (0.03) | 6.52 | (6.60) | 18.27 | |
| LGO | Largo Resources | (0.06) | 4 per month | 4.01 | 0.05 | 9.17 | (6.54) | 20.11 | |
| KBSX | FST Corp Ordinary | 0.02 | 3 per month | 0.00 | (0.20) | 2.72 | (4.03) | 12.61 | |
| ATLX | Atlas Lithium | (0.12) | 9 per month | 5.29 | 0.01 | 6.80 | (9.47) | 21.62 | |
| GRO | Brazil Potash Corp | (0.10) | 9 per month | 4.06 | 0.04 | 6.53 | (6.56) | 16.70 |
Other Forecasting Options for Paramount Gold
For every potential investor in Paramount, whether a beginner or expert, Paramount Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Paramount Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Paramount. Basic forecasting techniques help filter out the noise by identifying Paramount Gold's price trends.Paramount Gold Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Paramount Gold stock to make a market-neutral strategy. Peer analysis of Paramount Gold could also be used in its relative valuation, which is a method of valuing Paramount Gold by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Paramount Gold Market Strength Events
Market strength indicators help investors to evaluate how Paramount Gold 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 Gold shares will generate the highest return on investment. By undertsting and applying Paramount Gold stock market strength indicators, traders can identify Paramount Gold Nevada entry and exit signals to maximize returns.
Paramount Gold Risk Indicators
The analysis of Paramount Gold's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Paramount Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting paramount stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.32 | |||
| Semi Deviation | 2.8 | |||
| Standard Deviation | 4.53 | |||
| Variance | 20.49 | |||
| Downside Variance | 14.95 | |||
| Semi Variance | 7.84 | |||
| Expected Short fall | (4.18) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Paramount Gold
The number of cover stories for Paramount Gold depends on current market conditions and Paramount Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Paramount Gold 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 Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Paramount Gold Short Properties
Paramount Gold's future price predictability will typically decrease when Paramount Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Paramount Gold Nevada often depends not only on the future outlook of the potential Paramount Gold's 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 Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.8 M | |
| Cash And Short Term Investments | 1.4 M |
Check out Historical Fundamental Analysis of Paramount Gold to cross-verify your projections. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Can Precious Metals & Minerals industry sustain growth momentum? Does Paramount have expansion opportunities? Factors like these will boost the valuation of Paramount Gold. Anticipated expansion of Paramount directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Paramount Gold demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (0.13) | Revenue Per Share | Quarterly Revenue Growth (0.55) | Return On Assets | Return On Equity |
The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Paramount Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Paramount Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Paramount Gold's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.