Paranovus Entertainment Technology Stock Performance
| PAVS Stock | 0.96 0.03 3.23% |
On a scale of 0 to 100, Paranovus Entertainment holds a performance score of 4. The company holds a Beta of -0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Paranovus Entertainment are expected to decrease at a much lower rate. During the bear market, Paranovus Entertainment is likely to outperform the market. Please check Paranovus Entertainment's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Paranovus Entertainment's historical price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Paranovus Entertainment Technology are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Paranovus Entertainment unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:20 | Dividend Date 2020-08-17 | Ex Dividend Date 2020-08-07 | Last Split Date 2022-10-11 |
1 | Paranovus Entertainment files for secondary offering of class A shares | 09/13/2024 |
2 | Why JD.com Shares Are Trading Higher By Over 10 Here Are 20 Stocks Moving Premarket - Benzinga | 10/02/2024 |
| Begin Period Cash Flow | 3.4 M |
Paranovus |
Paranovus Entertainment Relative Risk vs. Return Landscape
If you would invest 95.00 in Paranovus Entertainment Technology on August 27, 2024 and sell it today you would earn a total of 1.00 from holding Paranovus Entertainment Technology or generate 1.05% return on investment over 90 days. Paranovus Entertainment Technology is currently generating 0.8391% in daily expected returns and assumes 14.2482% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Paranovus, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Paranovus Entertainment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paranovus Entertainment's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Paranovus Entertainment Technology, and traders can use it to determine the average amount a Paranovus Entertainment'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 = 0.0589
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Estimated Market Risk
| 14.25 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Paranovus Entertainment is performing at about 4% 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 Paranovus Entertainment by adding it to a well-diversified portfolio.
Paranovus Entertainment Fundamentals Growth
Paranovus Stock prices reflect investors' perceptions of the future prospects and financial health of Paranovus Entertainment, and Paranovus Entertainment 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 Paranovus Stock performance.
| Return On Equity | -0.4 | ||||
| Return On Asset | -0.0798 | ||||
| Profit Margin | (1.55) % | ||||
| Operating Margin | 31.53 % | ||||
| Current Valuation | 66.3 M | ||||
| Shares Outstanding | 66.72 M | ||||
| Price To Book | 11.64 X | ||||
| Price To Sales | 9.92 X | ||||
| Revenue | 6.54 M | ||||
| EBITDA | (3.37 M) | ||||
| Net Income | (9.93 M) | ||||
| Total Debt | 2.29 M | ||||
| Book Value Per Share | 0.76 X | ||||
| Cash Flow From Operations | (11.88 M) | ||||
| Earnings Per Share | 0.75 X | ||||
| Market Capitalization | 64.95 M | ||||
| Total Asset | 7.73 M | ||||
| Retained Earnings | (61.96 M) | ||||
| Working Capital | 291.33 K | ||||
About Paranovus Entertainment Performance
Assessing Paranovus Entertainment's fundamental ratios provides investors with valuable insights into Paranovus Entertainment's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Paranovus Entertainment 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.51 | 1.43 | |
| Return On Tangible Assets | (3.54) | (3.36) | |
| Return On Capital Employed | (0.89) | (0.94) | |
| Return On Assets | (1.31) | (1.24) | |
| Return On Equity | (1.81) | (1.72) |
Things to note about Paranovus Entertainment performance evaluation
Checking the ongoing alerts about Paranovus Entertainment for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Paranovus Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Paranovus Entertainment is way too risky over 90 days horizon | |
| Paranovus Entertainment has some characteristics of a very speculative penny stock | |
| Paranovus Entertainment appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 6.54 M. Net Loss for the year was (9.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Paranovus Entertainment generates negative cash flow from operations | |
| Paranovus Entertainment has a frail financial position based on the latest SEC disclosures | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Paranovus Entertainment'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 Paranovus Entertainment's stock is overvalued or undervalued compared to its peers.
- Examining Paranovus Entertainment'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 Paranovus Entertainment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Paranovus Entertainment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Paranovus Entertainment's stock. These opinions can provide insight into Paranovus Entertainment's potential for growth and whether the stock is currently undervalued or overvalued.
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.