Parrot (France) Performance
| PARRO Stock | EUR 2.18 0.03 1.36% |
The company holds a Beta of -0.87, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Parrot are expected to decrease slowly. On the other hand, during market turmoil, Parrot is expected to outperform it slightly. Parrot has an expected return of -0.47%. Please make sure to check Parrot maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Parrot performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Parrot has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
| Begin Period Cash Flow | 88 M | |
| Total Cashflows From Investing Activities | 23 M |
Parrot |
Parrot Relative Risk vs. Return Landscape
If you would invest 302.00 in Parrot on January 20, 2024 and sell it today you would lose (84.00) from holding Parrot or give up 27.81% of portfolio value over 90 days. Parrot is generating negative expected returns and assumes 3.2112% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Parrot, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Parrot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parrot's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Parrot, and traders can use it to determine the average amount a Parrot's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1471
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| Negative Returns | PARRO |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parrot is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Parrot by adding Parrot to a well-diversified portfolio.
Parrot Fundamentals Growth
Parrot Stock prices reflect investors' perceptions of the future prospects and financial health of Parrot, and Parrot fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parrot Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.22 | |||
| Profit Margin | (0.22) % | |||
| Operating Margin | (0.78) % | |||
| Current Valuation | 75.16 M | |||
| Shares Outstanding | 30.22 M | |||
| Price To Earning | (2.36) X | |||
| Price To Book | 1.52 X | |||
| Price To Sales | 2.31 X | |||
| Revenue | 54.31 M | |||
| EBITDA | 768 K | |||
| Cash And Equivalents | 82.84 M | |||
| Cash Per Share | 5.46 X | |||
| Total Debt | 6.75 M | |||
| Debt To Equity | 0.80 % | |||
| Book Value Per Share | 3.30 X | |||
| Cash Flow From Operations | (25.31 M) | |||
| Earnings Per Share | (0.44) X | |||
| Total Asset | 144.58 M | |||
About Parrot Performance
To evaluate Parrot Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Parrot generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Parrot Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Parrot market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Parrot's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. Parrot S.A. was founded in 1994 and is headquartered in Paris, France. PARROT operates under Electronic Finished Products classification in France and is traded on Paris Stock Exchange. It employs 641 people.Things to note about Parrot performance evaluation
Checking the ongoing alerts about Parrot for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Parrot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parrot generated a negative expected return over the last 90 days | |
| Parrot has high historical volatility and very poor performance | |
| The company reported the revenue of 54.31 M. Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 39.09 M. | |
| Parrot has accumulated about 82.84 M in cash with (25.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.46, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 63.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Parrot's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Parrot's stock is overvalued or undervalued compared to its peers.
- Examining Parrot's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Parrot's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parrot's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parrot's stock. These opinions can provide insight into Parrot's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parrot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Parrot Stock analysis
When running Parrot's price analysis, check to measure Parrot'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 Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.
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