Paramount Resources Stock Buy Hold or Sell Recommendation
| PRMRF Stock | USD 20.28 0.29 1.41% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Paramount Resources is 'Strong Hold'. Macroaxis provides Paramount Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRMRF positions.
Check out Paramount Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Paramount and provide practical buy, sell, or hold advice based on investors' constraints. Paramount Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Paramount |
Execute Paramount Resources Buy or Sell Advice
The Paramount recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paramount Resources. Macroaxis does not own or have any residual interests in Paramount Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paramount Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Paramount Resources Trading Alerts and Improvement Suggestions
| Paramount Resources has accumulated 386.3 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Paramount Resources has a current ratio of 0.72, 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 35.0% of Paramount Resources outstanding shares are owned by corporate insiders |
Paramount Resources Returns Distribution Density
The distribution of Paramount Resources' historical returns is an attempt to chart the uncertainty of Paramount Resources' future price movements. The chart of the probability distribution of Paramount Resources daily returns describes the distribution of returns around its average expected value. We use Paramount Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paramount Resources returns is essential to provide solid investment advice for Paramount Resources.
| Mean Return | 0.18 | Value At Risk | -2.31 | Potential Upside | 3.80 | Standard Deviation | 2.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paramount Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paramount Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paramount Resources or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paramount Resources' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paramount pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | 0.05 |
Paramount Resources Volatility Alert
Paramount Resources has relatively low volatility with skewness of 3.9 and kurtosis of 21.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paramount Resources' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paramount Resources' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paramount Resources Fundamentals Vs Peers
Comparing Paramount Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Resources' direct or indirect competition across all of the common fundamentals between Paramount Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Resources to competition |
| Fundamentals | Paramount Resources | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.1 | -0.14 |
| Profit Margin | 0.27 % | (1.27) % |
| Operating Margin | 0.36 % | (5.51) % |
| Current Valuation | 3.21 B | 16.62 B |
| Shares Outstanding | 141.5 M | 571.82 M |
| Shares Owned By Insiders | 35.34 % | 10.09 % |
| Shares Owned By Institutions | 6.97 % | 39.21 % |
| Price To Earning | 7.30 X | 28.72 X |
| Price To Book | 1.34 X | 9.51 X |
| Price To Sales | 1.53 X | 11.42 X |
| Revenue | 1.38 B | 9.43 B |
| Gross Profit | 801.1 M | 27.38 B |
| EBITDA | 502.7 M | 3.9 B |
| Net Income | 236.9 M | 570.98 M |
| Cash And Equivalents | 2.2 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 386.3 M | 5.32 B |
| Debt To Equity | 0.10 % | 48.70 % |
| Current Ratio | 0.73 X | 2.16 X |
| Book Value Per Share | 21.54 X | 1.93 K |
| Cash Flow From Operations | 482.1 M | 971.22 M |
| Earnings Per Share | 2.64 X | 3.12 X |
| Number Of Employees | 475 | 18.84 K |
| Beta | 3.56 | -0.15 |
| Market Capitalization | 3.35 B | 19.03 B |
| Total Asset | 3.89 B | 29.47 B |
| Z Score | 4.8 | 8.72 |
| Annual Yield | 0.05 % | |
| Net Asset | 3.89 B | |
| Last Dividend Paid | 0.92 |
Paramount Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 248.05 | |||
| Daily Balance Of Power | (0.97) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 20.41 | |||
| Day Typical Price | 20.37 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | (0.29) | |||
| Relative Strength Index | 57.55 |
About Paramount Resources Buy or Sell Advice
When is the right time to buy or sell Paramount Resources? Buying financial instruments such as Paramount Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in Paramount Pink Sheet
Paramount Resources financial ratios help investors to determine whether Paramount Pink Sheet 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.