Paramount Communications (India) Price on October 11, 2024
| PARACABLES | 70.53 1.62 2.35% |
Below is the normalized historical share price chart for Paramount Communications Limited extending back to January 03, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Paramount Communications stands at 70.53, as last reported on the 28th of November, with the highest price reaching 71.84 and the lowest price hitting 68.49 during the day.
If you're considering investing in Paramount Stock, it is important to understand the factors that can impact its price. Paramount Communications maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Paramount Communications exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paramount Communications' Risk Adjusted Performance of (0.09), coefficient of variation of (772.20), and Variance of 5.68 to confirm the risk estimate we provide.
At present, Paramount Communications' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 4.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 150 M. . Paramount Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 77.5403 | 50 Day MA 76.3248 | Beta 0.022 |
Paramount |
Sharpe Ratio = -0.1404
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| Negative Returns | PARACABLES |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paramount Communications 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 Paramount Communications by adding Paramount Communications to a well-diversified portfolio.
Price Book 3.1133 | Book Value 22.242 | Enterprise Value 21 B | Enterprise Value Ebitda 17.6897 | Price Sales 1.6767 |
Paramount Communications Valuation on October 11, 2024
It is possible to determine the worth of Paramount Communications on a given historical date. On October 11, 2024 Paramount was worth 79.87 at the beginning of the trading date compared to the closed value of 79.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paramount Communications stock. Still, in general, we apply an absolute valuation method to find Paramount Communications' 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 Paramount Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paramount Communications' related companies.
| Open | High | Low | Close | Volume | |
| 78.59 | 80.77 | 78.25 | 79.25 | 1,647,696 | |
10/11/2024 | 79.87 | 80.12 | 78.37 | 79.02 | 1,143,919 |
| 79.20 | 82.00 | 77.00 | 77.56 | 2,325,992 |
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Paramount Communications Trading Date Momentum on October 11, 2024
| On October 14 2024 Paramount Communications Limited was traded for 77.56 at the closing time. The highest price during the trading period was 82.00 and the lowest recorded bid was listed for 77.00 . The volume for the day was 2.3 M. This history from October 14, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.85% . The trading delta at closing time to the current price is 3.85% . |
Paramount Communications Fundamentals Correlations and Trends
By evaluating Paramount Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Paramount Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paramount financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paramount Communications Stock history
Paramount Communications 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 Paramount is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paramount Communications 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 Paramount Communications stock prices may prove useful in developing a viable investing in Paramount Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260.4 M | 150 M | |
| Net Income Applicable To Common Shares | 549.3 M | 576.8 M |
Paramount Communications Quarterly Net Working Capital |
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Paramount Communications Stock Technical Analysis
Paramount Communications 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
Paramount Communications Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Paramount Communications Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Paramount Communications November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Paramount Communications 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 Communications shares will generate the highest return on investment. By undertsting and applying Paramount Communications stock market strength indicators, traders can identify Paramount Communications Limited entry and exit signals to maximize returns
Paramount Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paramount Communications' price direction in advance. Along with the technical and fundamental analysis of Paramount Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paramount 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 | (0.09) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (1.40) |
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| Volume Indicators |
Complementary Tools for Paramount Stock analysis
When running Paramount Communications' price analysis, check to measure Paramount Communications' 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 Paramount Communications is operating at the current time. Most of Paramount Communications' value examination focuses on studying past and present price action to predict the probability of Paramount Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Communications' price. Additionally, you may evaluate how the addition of Paramount Communications to your portfolios can decrease your overall portfolio volatility.
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