Paramount Global Price on May 4, 2023
PARAPDelisted Preferred Stock | USD 22.27 0.19 0.86% |
If you're considering investing in Paramount Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paramount Global stands at 22.27, as last reported on the 26th of November, with the highest price reaching 22.68 and the lowest price hitting 22.08 during the day. We have found twenty-three technical indicators for Paramount Global, which you can use to evaluate the volatility of the company. Please check Paramount Global's Variance of 11.53, coefficient of variation of (1,005), and Risk Adjusted Performance of (0.07) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Paramount Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Paramount Global 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 Global by adding Paramount Global to a well-diversified portfolio.
Paramount Global Valuation on May 4, 2023
It is possible to determine the worth of Paramount Global on a given historical date. On May 4, 2023 Paramount was worth 26.9 at the beginning of the trading date compared to the closed value of 23.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paramount Global preferred stock. Still, in general, we apply an absolute valuation method to find Paramount Global'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 Paramount Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paramount Global's related companies.
Open | High | Low | Close | Volume | |
31.25 | 31.70 | 29.22 | 29.22 | 17,600 | |
05/04/2023 | 26.90 | 29.59 | 23.20 | 23.20 | 1,853,000 |
25.03 | 25.37 | 23.57 | 23.57 | 668,400 |
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Paramount Global Trading Date Momentum on May 4, 2023
On May 05 2023 Paramount Global was traded for 23.57 at the closing time. The highest daily price throughout the period was 25.37 and the lowest price was 23.57 . The daily volume was 668.4 K. The net trading volume on 05/05/2023 added to the next day price gain. The trading delta at closing time to closing price of the next trading day was 1.59% . The trading delta at closing time to current closing price is 0.04% . |
Paramount Global Fundamentals Correlations and Trends
By evaluating Paramount Global'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 Paramount Global's 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 Global Preferred Stock history
Paramount Global 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 Global 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 Global stock prices may prove useful in developing a viable investing in Paramount Global
Paramount Global operates as a media and entertainment company worldwide. Paramount Global operates as a subsidiary of National Amusements, Inc. Paramount Global operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 22965 people.
Paramount Global Preferred Stock Technical Analysis
Paramount Global technical preferred 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, delisted preferred stock market cycles, or different charting patterns.
Price Boundaries
Paramount Global Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Paramount Global cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Paramount Global November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Paramount Global preferred 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 Global shares will generate the highest return on investment. By undertsting and applying Paramount Global preferred stock market strength indicators, traders can identify Paramount Global entry and exit signals to maximize returns
Paramount Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paramount Global's price direction in advance. Along with the technical and fundamental analysis of Paramount Preferred 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 | (0.07) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.87) | |||
Treynor Ratio | (3.04) |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Paramount Preferred Stock
If you are still planning to invest in Paramount Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paramount Global's history and understand the potential risks before investing.
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