Paramount Resources Stock Analysis

Paramount Pink Sheet Analysis Notes

About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Resources last dividend was issued on the 14th of February 2023. The entity had 3:1 split on the 2nd of June 1997. Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.The quote for Paramount Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Paramount Resources contact the company at 403 290 3600 or learn more at https://www.paramountres.com.

Paramount Resources Investment Alerts

Paramount Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Resources's market, we take the total number of its shares issued and multiply it by Paramount Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Paramount Profitablity

The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.36 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.36.

Technical Drivers

As of the 10th of January, Paramount Resources holds the Coefficient Of Variation of 1628.36, semi deviation of 1.59, and Risk Adjusted Performance of 0.0557. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paramount Resources, as well as the relationship between them. Please check Paramount Resources information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Paramount Resources is priced some-what accurately, providing market reflects its current price of 22.12 per share. Given that Paramount Resources has jensen alpha of 0.1447, we recommend you to check out Paramount Resources's recent market performance to make sure the company can sustain itself at a future point.

Paramount Resources Price Movement Analysis

Paramount Resources Outstanding Bonds

Paramount Resources Predictive Daily Indicators

Paramount Resources Forecast Models

Paramount Resources' time-series forecasting models are one of many Paramount Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paramount Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Paramount Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Paramount shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Paramount Resources. By using and applying Paramount Pink Sheet analysis, traders can create a robust methodology for identifying Paramount entry and exit points for their positions.

When running Paramount Resources' price analysis, check to measure Paramount 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 Paramount Resources is operating at the current time. Most of Paramount Resources' value examination focuses on studying past and present price action to predict the probability of Paramount Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Resources' price. Additionally, you may evaluate how the addition of Paramount Resources to your portfolios can decrease your overall portfolio volatility.