Paranovus Entertainment Technology Stock One Year Return

PAVS Stock   0.92  0.05  5.15%   
Paranovus Entertainment Technology fundamentals help investors to digest information that contributes to Paranovus Entertainment's financial success or failures. It also enables traders to predict the movement of Paranovus Stock. The fundamental analysis module provides a way to measure Paranovus Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Paranovus Entertainment stock.
  
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Paranovus Entertainment Technology Company One Year Return Analysis

Paranovus Entertainment's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis

Paranovus One Year Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Paranovus Entertainment is extremely important. It helps to project a fair market value of Paranovus Stock properly, considering its historical fundamentals such as One Year Return. Since Paranovus Entertainment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Paranovus Entertainment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Paranovus Entertainment's interrelated accounts and indicators.
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Click cells to compare fundamentals
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Paranovus Return On Tangible Assets

Return On Tangible Assets

(3.36)

At this time, Paranovus Entertainment's Return On Tangible Assets are comparatively stable compared to the past year.
Based on the recorded statements, Paranovus Entertainment Technology has an One Year Return of 0.0%. This indicator is about the same for the Food Products average (which is currently at 0.0) sector and about the same as Consumer Staples (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Paranovus One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paranovus Entertainment's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paranovus Entertainment could also be used in its relative valuation, which is a method of valuing Paranovus Entertainment by comparing valuation metrics of similar companies.
Paranovus Entertainment is currently under evaluation in one year return category among its peers.

Paranovus Fundamentals

About Paranovus Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Paranovus Entertainment Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paranovus Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paranovus Entertainment Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Paranovus Stock Analysis

When running Paranovus Entertainment's price analysis, check to measure Paranovus Entertainment'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 Paranovus Entertainment is operating at the current time. Most of Paranovus Entertainment's value examination focuses on studying past and present price action to predict the probability of Paranovus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paranovus Entertainment's price. Additionally, you may evaluate how the addition of Paranovus Entertainment to your portfolios can decrease your overall portfolio volatility.