Paragon Banking (Germany) Price on October 18, 2024
46P1 Stock | EUR 8.80 0.10 1.15% |
If you're considering investing in Paragon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paragon Banking stands at 8.80, as last reported on the 26th of December, with the highest price reaching 8.80 and the lowest price hitting 8.80 during the day. Paragon Banking Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0289, which implies the firm had a -0.0289% return per unit of risk over the last 3 months. Paragon Banking Group exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paragon Banking's Semi Deviation of 1.76, risk adjusted performance of 0.0142, and Coefficient Of Variation of 9872.43 to confirm the risk estimate we provide.
Paragon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paragon |
Sharpe Ratio = -0.0289
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Estimated Market Risk
2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paragon Banking is not performing at its full potential. However, 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 Paragon Banking by adding Paragon Banking to a well-diversified portfolio.
Paragon Banking Valuation on October 18, 2024
It is possible to determine the worth of Paragon Banking on a given historical date. On October 18, 2024 Paragon was worth 9.2 at the beginning of the trading date compared to the closed value of 9.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paragon Banking stock. Still, in general, we apply an absolute valuation method to find Paragon Banking's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Paragon Banking where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paragon Banking's related companies.
Open | High | Low | Close | Volume | |
8.90 | 8.90 | 8.90 | 8.90 | 30.00 | |
10/18/2024 | 9.20 | 9.20 | 9.20 | 9.20 | 1.00 |
9.15 | 9.15 | 9.15 | 9.15 | 30.00 |
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Paragon Banking Trading Date Momentum on October 18, 2024
On October 21 2024 Paragon Banking Group was traded for 9.15 at the closing time. The maximum traded price for the trading interval was 9.15 and the lowest daily price was 9.15 . The daily volume was recorded at 30.0. The volume of trading on 21st of October 2024 played a part in the next trading day price drop. The daily price change to the next closing price was 0.54% . The trading delta at closing time to the closing price today is 2.17% . |
Paragon Banking Group Fundamentals Correlations and Trends
By evaluating Paragon Banking's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Paragon Banking's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paragon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paragon Banking Stock history
Paragon Banking investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Paragon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paragon Banking Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Paragon Banking stock prices may prove useful in developing a viable investing in Paragon Banking
Paragon Banking Group PLC provides financial services in the United Kingdom. Paragon Banking Group PLC was founded in 1985 and is headquartered in Solihull, the United Kingdom. PARAGON BANKING operates under Specialty Finance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1350 people.
Paragon Banking Stock Technical Analysis
Paragon Banking technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Paragon Banking Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Paragon Banking Group cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Paragon Banking December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Paragon Banking stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paragon Banking shares will generate the highest return on investment. By undertsting and applying Paragon Banking stock market strength indicators, traders can identify Paragon Banking Group entry and exit signals to maximize returns
Paragon Banking Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paragon Banking's price direction in advance. Along with the technical and fundamental analysis of Paragon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paragon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0142 | |||
Jensen Alpha | 0.0232 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.03) |
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Complementary Tools for Paragon Stock analysis
When running Paragon Banking's price analysis, check to measure Paragon Banking's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paragon Banking is operating at the current time. Most of Paragon Banking's value examination focuses on studying past and present price action to predict the probability of Paragon Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paragon Banking's price. Additionally, you may evaluate how the addition of Paragon Banking to your portfolios can decrease your overall portfolio volatility.
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