Paragon Inventory vs Total Stockholder Equity Analysis
| FNA Stock | USD 9.98 0.12 1.22% |
Paragon 28 financial indicator trend analysis is much more than just breaking down Paragon 28 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paragon 28 is a good investment. Please check the relationship between Paragon 28 Inventory and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Paragon 28. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.
Inventory vs Total Stockholder Equity
Inventory vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paragon 28 Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Paragon 28's Inventory and Total Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Paragon 28, assuming nothing else is changed. The correlation between historical values of Paragon 28's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Paragon 28 are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Paragon 28's Inventory and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Inventory
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Paragon 28's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paragon 28 current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Paragon 28. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.At present, Paragon 28's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Tax Provision is projected to grow to (266 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 9.0M | 13.7M | 15.5M | 10.7M | Interest Income | 1.7M | 4.1M | 4.7M | 5.0M |
Paragon 28 fundamental ratios Correlations
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Paragon 28 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Paragon 28 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paragon 28's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paragon 28 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paragon 28 Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Paragon 28. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paragon 28. If investors know Paragon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paragon 28 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 2.95 | Quarterly Revenue Growth 0.181 | Return On Assets (0.08) | Return On Equity (0.34) |
The market value of Paragon 28 is measured differently than its book value, which is the value of Paragon that is recorded on the company's balance sheet. Investors also form their own opinion of Paragon 28's value that differs from its market value or its book value, called intrinsic value, which is Paragon 28's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paragon 28's market value can be influenced by many factors that don't directly affect Paragon 28's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paragon 28's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paragon 28 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paragon 28's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.