Paramount Global Alpha and Beta Analysis
| PARAPDelisted Preferred Stock | USD 22.27 0.19 0.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Paramount Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Paramount Global over a specified time horizon. Remember, high Paramount Global'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 Paramount Global's market risk premium analysis include:
Beta 0.91 | Alpha (0.44) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Paramount |
Paramount Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Paramount Global market risk premium is the additional return an investor will receive from holding Paramount Global 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 Paramount Global. 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 Paramount Global's performance over market.| α | -0.44 | β | 0.91 |
Paramount Global Fundamentals Vs Peers
Comparing Paramount Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paramount Global's direct or indirect competition across all of the common fundamentals between Paramount Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paramount Global or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paramount Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paramount Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paramount Global to competition |
| Fundamentals | Paramount Global | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0307 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Shares Owned By Institutions | 56.74 % | 39.21 % |
| Number Of Shares Shorted | 158.3 K | 4.71 M |
| Price To Earning | 4.91 X | 28.72 X |
Paramount Global Opportunities
Paramount Global Return and Market Media
The Preferred Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Paramount Global 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 Paramount or other delisted preferred stocks. Alpha measures the amount that position in Paramount Global 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paramount Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paramount Global's short interest history, or implied volatility extrapolated from Paramount Global options trading.
Build Portfolio with Paramount Global
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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Paramount Preferred Stock
If you are still planning to invest in Paramount Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paramount Global's history and understand the potential risks before investing.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |