Parex Resources Stock Performance
| PARXF Stock | USD 10.10 0.19 1.85% |
Parex Resources has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parex Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Parex Resources is expected to be smaller as well. Parex Resources right now holds a risk of 2.36%. Please check Parex Resources potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Parex Resources will be following its historical price patterns.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Parex Resources are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Parex Resources may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| Begin Period Cash Flow | 330.6 M | |
| Total Cashflows From Investing Activities | -229 M |
Parex |
Parex Resources Relative Risk vs. Return Landscape
If you would invest 934.00 in Parex Resources on October 23, 2024 and sell it today you would earn a total of 76.00 from holding Parex Resources or generate 8.14% return on investment over 90 days. Parex Resources is currently producing 0.158% returns and takes up 2.358% volatility of returns over 90 trading days. Put another way, 21% of traded pink sheets are less volatile than Parex, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parex Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parex Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Parex Resources, and traders can use it to determine the average amount a Parex Resources' 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 = 0.067
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Parex Resources is performing at about 5% 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 Parex Resources by adding it to a well-diversified portfolio.
Parex Resources Fundamentals Growth
Parex Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Parex Resources, and Parex Resources 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 Parex Pink Sheet performance.
| Return On Equity | 0.32 | |||
| Return On Asset | 0.26 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 1.12 B | |||
| Shares Outstanding | 108.11 M | |||
| Price To Earning | 19.69 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 1.06 B | |||
| EBITDA | 625.22 M | |||
| Cash And Equivalents | 392.79 M | |||
| Cash Per Share | 3.50 X | |||
| Total Debt | 6.45 M | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 13.58 X | |||
| Cash Flow From Operations | 534.3 M | |||
| Earnings Per Share | 3.98 X | |||
| Total Asset | 1.78 B | |||
About Parex Resources Performance
By analyzing Parex Resources' fundamental ratios, stakeholders can gain valuable insights into Parex Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Parex Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Parex Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. Parex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 371 people.Things to note about Parex Resources performance evaluation
Checking the ongoing alerts about Parex Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Parex Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Parex Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Parex Resources' pink sheet performance include:- Analyzing Parex Resources' 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 Parex Resources' stock is overvalued or undervalued compared to its peers.
- Examining Parex Resources' 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 Parex Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parex Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parex Resources' pink sheet. These opinions can provide insight into Parex Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Parex Pink Sheet analysis
When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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