Paranovus Entertainment Shares Outstanding vs. Revenue

PAVS Stock   0.99  0.03  3.13%   
Based on Paranovus Entertainment's profitability indicators, Paranovus Entertainment Technology may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Paranovus Entertainment's ability to earn profits and add value for shareholders. At this time, Paranovus Entertainment's EV To Sales is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas Price To Sales Ratio is likely to drop 1.26 in 2024. At this time, Paranovus Entertainment's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 873.1 K in 2024, whereas Income Before Tax is likely to drop (4 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.00130.0014
Notably Down
Slightly volatile
For Paranovus Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paranovus Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paranovus Entertainment Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paranovus Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paranovus Entertainment Technology over time as well as its relative position and ranking within its peers.
  
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Is Packaged Foods & Meats 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 Paranovus Entertainment. If investors know Paranovus 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 Paranovus Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.75
Revenue Per Share
0.892
Quarterly Revenue Growth
(0.96)
Return On Assets
(0.08)
Return On Equity
(0.40)
The market value of Paranovus Entertainment is measured differently than its book value, which is the value of Paranovus that is recorded on the company's balance sheet. Investors also form their own opinion of Paranovus Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Paranovus Entertainment'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 Paranovus Entertainment's market value can be influenced by many factors that don't directly affect Paranovus Entertainment'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 Paranovus Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paranovus Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paranovus Entertainment'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.

Paranovus Entertainment Revenue vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Paranovus Entertainment's current stock value. Our valuation model uses many indicators to compare Paranovus Entertainment value to that of its competitors to determine the firm's financial worth.
Paranovus Entertainment Technology is regarded fourth in shares outstanding category among its peers. It is regarded fifth in revenue category among its peers totaling about  0.10  of Revenue per Shares Outstanding. The ratio of Shares Outstanding to Revenue for Paranovus Entertainment Technology is roughly  10.20 . At this time, Paranovus Entertainment's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Paranovus Entertainment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Paranovus Revenue vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Paranovus Entertainment

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
66.72 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Paranovus Entertainment

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
6.54 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Paranovus Revenue vs Competition

Paranovus Entertainment Technology is regarded fifth in revenue category among its peers. Market size based on revenue of Consumer Staples industry is at this time estimated at about 14.54 Billion. Paranovus Entertainment adds roughly 6.54 Million in revenue claiming only tiny portion of stocks in Consumer Staples industry.

Paranovus Entertainment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Paranovus Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paranovus Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of Paranovus Entertainment's change in net profit over the period of time. It can combine multiple indicators of Paranovus Entertainment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income2.5 M4.5 M
Operating Income-4.6 M-4.9 M
Income Before Tax-3.8 M-4 M
Total Other Income Expense Net831.5 K873.1 K
Net Loss-9.9 M-10.4 M
Income Tax Expense13.9 M14.6 M
Net Interest Income-38.8 K-36.9 K
Interest Income 345.00  327.75 
Net Loss-3.8 M-4 M
Net Loss-44.3 M-42.1 M
Change To Netincome4.3 M4.5 M
Net Loss(2.14)(2.03)
Income Quality 1.20  0.90 
Net Income Per E B T 2.67  2.81 

Paranovus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Paranovus Entertainment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Paranovus Entertainment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Paranovus Entertainment's important profitability drivers and their relationship over time.

Use Paranovus Entertainment in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paranovus Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paranovus Entertainment will appreciate offsetting losses from the drop in the long position's value.

Paranovus Entertainment Pair Trading

Paranovus Entertainment Technology Pair Trading Analysis

The ability to find closely correlated positions to Paranovus Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paranovus Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paranovus Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paranovus Entertainment Technology to buy it.
The correlation of Paranovus Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paranovus Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paranovus Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paranovus Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Paranovus Entertainment position

In addition to having Paranovus Entertainment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Raw Materials
Raw Materials Theme
Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Raw Materials Theme or any other thematic opportunities.
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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.