Paramount Resources Stock Technical Analysis
| PRMRF Stock | USD 18.88 0.19 1.00% |
As of the 1st of February, Paramount Resources holds the Coefficient Of Variation of 754.03, semi deviation of 1.84, and Risk Adjusted Performance of 0.1021. 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 18.88 per share. Given that Paramount Resources has jensen alpha of 0.2403, 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 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Paramount, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ParamountParamount |
Paramount Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Paramount Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Paramount Resources.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in Paramount Resources on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding Paramount Resources or generate 0.0% return on investment in Paramount Resources over 90 days. Paramount Resources is related to or competes with NuVista Energy, Athabasca Oil, Energean Plc, Sempra Energy, Hellenic Petroleum, and Friedrich Vorwerk. Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crud... More
Paramount Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Paramount Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Paramount Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.1088 | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.2 |
Paramount Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paramount Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paramount Resources' standard deviation. In reality, there are many statistical measures that can use Paramount Resources historical prices to predict the future Paramount Resources' volatility.| Risk Adjusted Performance | 0.1021 | |||
| Jensen Alpha | 0.2403 | |||
| Total Risk Alpha | 0.1487 | |||
| Sortino Ratio | 0.0977 | |||
| Treynor Ratio | (14.98) |
Paramount Resources February 1, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1021 | |||
| Market Risk Adjusted Performance | (14.97) | |||
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.84 | |||
| Downside Deviation | 2.1 | |||
| Coefficient Of Variation | 754.03 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.55 | |||
| Information Ratio | 0.1088 | |||
| Jensen Alpha | 0.2403 | |||
| Total Risk Alpha | 0.1487 | |||
| Sortino Ratio | 0.0977 | |||
| Treynor Ratio | (14.98) | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.2 | |||
| Downside Variance | 4.39 | |||
| Semi Variance | 3.38 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.0157 |
Paramount Resources Backtested Returns
Paramount Resources appears to be very steady, given 3 months investment horizon. Paramount Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Paramount Resources, which you can use to evaluate the volatility of the company. Please evaluate Paramount Resources' Semi Deviation of 1.84, risk adjusted performance of 0.1021, and Coefficient Of Variation of 754.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Paramount Resources holds a performance score of 9. The company holds a Beta of -0.016, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Paramount Resources are expected to decrease at a much lower rate. During the bear market, Paramount Resources is likely to outperform the market. Please check Paramount Resources' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Paramount Resources' historical price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Paramount Resources has average predictability. Overlapping area represents the amount of predictability between Paramount Resources time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Paramount Resources price movement. The serial correlation of 0.47 indicates that about 47.0% of current Paramount Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Paramount Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Paramount Resources Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Paramount Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Paramount Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Paramount Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Paramount Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Paramount Resources price pattern first instead of the macroeconomic environment surrounding Paramount Resources. By analyzing Paramount Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Paramount Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Paramount Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Paramount Resources February 1, 2026 Technical Indicators
Most technical analysis of Paramount help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Paramount from various momentum indicators to cycle indicators. When you analyze Paramount charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1021 | |||
| Market Risk Adjusted Performance | (14.97) | |||
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.84 | |||
| Downside Deviation | 2.1 | |||
| Coefficient Of Variation | 754.03 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.55 | |||
| Information Ratio | 0.1088 | |||
| Jensen Alpha | 0.2403 | |||
| Total Risk Alpha | 0.1487 | |||
| Sortino Ratio | 0.0977 | |||
| Treynor Ratio | (14.98) | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.2 | |||
| Downside Variance | 4.39 | |||
| Semi Variance | 3.38 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.0157 |
Paramount Resources February 1, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Paramount stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.02 | ||
| Daily Balance Of Power | (0.41) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 18.97 | ||
| Day Typical Price | 18.94 | ||
| Price Action Indicator | (0.19) | ||
| Market Facilitation Index | 0.46 |
Complementary Tools for Paramount Pink Sheet analysis
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.
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