Parrot (France) Performance
| PARRO Stock | EUR 2.46 0.06 2.38% |
On a scale of 0 to 100, Parrot holds a performance score of 7. The company holds a Beta of -0.0757, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Parrot are expected to decrease at a much lower rate. During the bear market, Parrot is likely to outperform the market. Please check Parrot's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Parrot's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Parrot are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Parrot reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 88 M | |
| Total Cashflows From Investing Activities | 23 M |
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Parrot Relative Risk vs. Return Landscape
If you would invest 210.00 in Parrot on August 27, 2024 and sell it today you would earn a total of 36.00 from holding Parrot or generate 17.14% return on investment over 90 days. Parrot is generating 0.2842% of daily returns and assumes 2.9604% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Parrot, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Parrot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parrot's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Parrot, and traders can use it to determine the average amount a Parrot'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 = 0.096
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Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Parrot is performing at about 7% 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 Parrot by adding it to a well-diversified portfolio.
Parrot Fundamentals Growth
Parrot Stock prices reflect investors' perceptions of the future prospects and financial health of Parrot, and Parrot fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parrot Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.22 | |||
| Profit Margin | (0.22) % | |||
| Operating Margin | (0.78) % | |||
| Current Valuation | 75.16 M | |||
| Shares Outstanding | 30.22 M | |||
| Price To Earning | (2.36) X | |||
| Price To Book | 1.52 X | |||
| Price To Sales | 2.31 X | |||
| Revenue | 54.31 M | |||
| EBITDA | 768 K | |||
| Cash And Equivalents | 82.84 M | |||
| Cash Per Share | 5.46 X | |||
| Total Debt | 6.75 M | |||
| Debt To Equity | 0.80 % | |||
| Book Value Per Share | 3.30 X | |||
| Cash Flow From Operations | (25.31 M) | |||
| Earnings Per Share | (0.44) X | |||
| Total Asset | 144.58 M | |||
About Parrot Performance
Assessing Parrot's fundamental ratios provides investors with valuable insights into Parrot's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Parrot is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. Parrot S.A. was founded in 1994 and is headquartered in Paris, France. PARROT operates under Electronic Finished Products classification in France and is traded on Paris Stock Exchange. It employs 641 people.Things to note about Parrot performance evaluation
Checking the ongoing alerts about Parrot for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Parrot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 54.31 M. Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 39.09 M. | |
| Parrot has accumulated about 82.84 M in cash with (25.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 63.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Parrot'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 Parrot's stock is overvalued or undervalued compared to its peers.
- Examining Parrot'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 Parrot's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parrot's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parrot's stock. These opinions can provide insight into Parrot's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Parrot Stock Analysis
When running Parrot's price analysis, check to measure Parrot'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 Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.