Paragon 28 Stock Alpha and Beta Analysis
| FNA Stock | USD 9.86 0.18 1.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Paragon 28. It also helps investors analyze the systematic and unsystematic risks associated with investing in Paragon 28 over a specified time horizon. Remember, high Paragon 28's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Paragon 28's market risk premium analysis include:
Beta 2.76 | Alpha 0.22 | Risk 6.44 | Sharpe Ratio 0.0748 | Expected Return 0.48 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Paragon 28 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Paragon 28 market risk premium is the additional return an investor will receive from holding Paragon 28 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Paragon 28. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Paragon 28's performance over market.| α | 0.22 | β | 2.76 |
Paragon 28 expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Paragon 28's Buy-and-hold return. Our buy-and-hold chart shows how Paragon 28 performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Paragon 28 Market Price Analysis
Market price analysis indicators help investors to evaluate how Paragon 28 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paragon 28 shares will generate the highest return on investment. By understating and applying Paragon 28 stock market price indicators, traders can identify Paragon 28 position entry and exit signals to maximize returns.
Paragon 28 Return and Market Media
The median price of Paragon 28 for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 6.88 with a coefficient of variation of 22.5. The daily time series for the period is distributed with a sample standard deviation of 1.57, arithmetic mean of 6.99, and mean deviation of 1.25. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 7791 shares by Matthew Jarboe of Paragon 28 at 5.33 subject to Rule 16b-3 | 10/21/2024 |
2 | Class Action Filed Against Paragon 28, Inc. Seeking Recovery for Investors - Contact Levi Korsinsky | 11/13/2024 |
3 | Analysts Are Updating Their Paragon 28, Inc. Estimates After Its Third-Quarter Results | 11/15/2024 |
4 | SHAREHOLDER ALERT Pomerantz Law Firm Announces the Filing of a Class Action Against Paragon 28, Inc. - FNA | 11/18/2024 |
5 | SHAREHOLDER ALERT Pomerantz Law Firm Announces the Filing of a Class Action Against Paragon ... | 11/19/2024 |
6 | Levi Korsinsky Notifies Shareholders of Paragon 28, Inc. of a Class Action Lawsuit and an Upcoming Deadline | 11/20/2024 |
7 | Disposition of 107366 shares by Mvm Partners, Llc of Paragon 28 at 10.41 subject to Rule 16b-3 | 11/21/2024 |
8 | Glancy Prongay Murray LLP Reminds Investors of Looming Deadline in the Class Action ... | 11/22/2024 |
About Paragon 28 Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Paragon or other stocks. Alpha measures the amount that position in Paragon 28 has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 66.48 | 77.08 | 64.29 | 78.09 | PTB Ratio | 7.04 | 10.41 | 5.74 | 5.45 |
Paragon 28 Upcoming Company Events
As portrayed in its financial statements, the presentation of Paragon 28's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paragon 28's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Paragon 28's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Paragon 28. Please utilize our Beneish M Score to check the likelihood of Paragon 28's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Paragon 28
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Paragon 28 Backtesting, Paragon 28 Valuation, Paragon 28 Correlation, Paragon 28 Hype Analysis, Paragon 28 Volatility, Paragon 28 History and analyze Paragon 28 Performance. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Paragon 28 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.