Paragon 28 Stock Price on October 31, 2024
| FNA Stock | USD 10.31 0.32 3.20% |
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 28 stands at 10.31, as last reported on the 30th of November, with the highest price reaching 10.37 and the lowest price hitting 9.92 during the day. Paragon 28 appears to be slightly risky, given 3 months investment horizon. Paragon 28 maintains Sharpe Ratio (i.e., Efficiency) of 0.0849, which implies the firm had a 0.0849% return per unit of risk over the last 3 months. By analyzing Paragon 28's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate Paragon 28's Semi Deviation of 4.1, risk adjusted performance of 0.0729, and Coefficient Of Variation of 1192.91 to confirm if our risk estimates are consistent with your expectations.
At present, Paragon 28's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 80.5 M, whereas Total Stockholder Equity is forecasted to decline to about 134.1 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.66, whereas Price To Sales Ratio is forecasted to decline to 4.48. Paragon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paragon |
Sharpe Ratio = 0.0849
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Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Paragon 28 is performing at about 6% of its full potential. 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 28 by adding it to a well-diversified portfolio.
Price Book 5.9983 | Enterprise Value Ebitda (32.86) | Price Sales 3.4138 | Shares Float 39.6 M | Wall Street Target Price 14.3333 |
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Paragon 28 Valuation on October 31, 2024
It is possible to determine the worth of Paragon 28 on a given historical date. On October 31, 2024 Paragon was worth 5.22 at the beginning of the trading date compared to the closed value of 5.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paragon 28 stock. Still, in general, we apply an absolute valuation method to find Paragon 28'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 28 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paragon 28's related companies.
| Open | High | Low | Close | Volume | |
| 5.19 | 5.42 | 5.13 | 5.21 | 447,534 | |
10/31/2024 | 5.22 | 5.36 | 5.07 | 5.30 | 710,247 |
| 5.38 | 5.67 | 5.31 | 5.62 | 506,190 |
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Paragon 28 Trading Date Momentum on October 31, 2024
| On November 01 2024 Paragon 28 was traded for 5.62 at the closing time. Highest Paragon 28's price during the trading hours was 5.67 and the lowest price during the day was 5.31 . The net volume was 506.2 K. The overall trading history on the 1st of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 6.04% . The trading delta at closing time to current price is 34.91% . |
Paragon 28 Fundamentals Correlations and Trends
By evaluating Paragon 28'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 28'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 28 Stock history
Paragon 28 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 28 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 28 stock prices may prove useful in developing a viable investing in Paragon 28
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 82.1 M | 85.4 M | |
| Net Loss | -60.6 M | -57.6 M |
Paragon 28 Quarterly Net Working Capital |
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Paragon 28 Stock Technical Analysis
Paragon 28 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 28 Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Paragon 28 cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 28 November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Paragon 28 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 28 shares will generate the highest return on investment. By undertsting and applying Paragon 28 stock market strength indicators, traders can identify Paragon 28 entry and exit signals to maximize returns
Paragon 28 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paragon 28'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 | 0.0729 | |||
| Jensen Alpha | 0.2012 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.0878 | |||
| Treynor Ratio | 0.2087 |
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Complementary Tools for Paragon Stock analysis
When running Paragon 28's price analysis, check to measure Paragon 28'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 28 is operating at the current time. Most of Paragon 28's value examination focuses on studying past and present price action to predict the probability of Paragon 28'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 28's price. Additionally, you may evaluate how the addition of Paragon 28 to your portfolios can decrease your overall portfolio volatility.
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