Paramount Spinning (Pakistan) Performance
| PASM Stock | 5.61 0.15 2.75% |
On a scale of 0 to 100, Paramount Spinning holds a performance score of 6. The company holds a Beta of 1.74, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Paramount Spinning will likely underperform. Please check Paramount Spinning's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Paramount Spinning's historical price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Paramount Spinning Mills are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Paramount Spinning sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Paramount Spinning Relative Risk vs. Return Landscape
If you would invest 451.00 in Paramount Spinning Mills on September 2, 2024 and sell it today you would earn a total of 110.00 from holding Paramount Spinning Mills or generate 24.39% return on investment over 90 days. Paramount Spinning Mills is generating 0.6234% of daily returns and assumes 7.7916% volatility on return distribution over the 90 days horizon. Simply put, 69% of stocks are less volatile than Paramount, and 88% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Paramount Spinning Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paramount Spinning's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Paramount Spinning Mills, and traders can use it to determine the average amount a Paramount Spinning's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.08
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.79 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Paramount Spinning 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 Paramount Spinning by adding it to a well-diversified portfolio.
Things to note about Paramount Spinning Mills performance evaluation
Checking the ongoing alerts about Paramount Spinning for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Paramount Spinning Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Paramount Spinning is way too risky over 90 days horizon | |
| Paramount Spinning appears to be risky and price may revert if volatility continues |
- Analyzing Paramount Spinning's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Paramount Spinning's stock is overvalued or undervalued compared to its peers.
- Examining Paramount Spinning's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Paramount Spinning's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Paramount Spinning's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Paramount Spinning's stock. These opinions can provide insight into Paramount Spinning's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Paramount Stock analysis
When running Paramount Spinning's price analysis, check to measure Paramount Spinning'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 Paramount Spinning is operating at the current time. Most of Paramount Spinning's value examination focuses on studying past and present price action to predict the probability of Paramount Spinning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Spinning's price. Additionally, you may evaluate how the addition of Paramount Spinning to your portfolios can decrease your overall portfolio volatility.
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