Paramount Gold Nevada Stock Price History

PZG Stock  USD 0.44  0.01  2.22%   
Below is the normalized historical share price chart for Paramount Gold Nevada extending back to April 10, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Paramount Gold stands at 0.44, as last reported on the 24th of April, with the highest price reaching 0.46 and the lowest price hitting 0.43 during the day.
IPO Date
5th of November 1999
200 Day MA
0.3467
50 Day MA
0.3943
Beta
1.899
 
Yuan Drop
 
Covid
If you're considering investing in Paramount Stock, it is important to understand the factors that can impact its price. Paramount Gold appears to be extremely dangerous, given 3 months investment horizon. Paramount Gold Nevada 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 Gold Nevada, which you can use to evaluate the volatility of the company. Please evaluate Paramount Gold's Risk Adjusted Performance of 0.0788, semi deviation of 2.33, and Coefficient Of Variation of 880.89 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Paramount Gold's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. . At this time, Paramount Gold's Price Fair Value is most likely to slightly decrease in the upcoming years. Paramount Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1172

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsPZG
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.13
  actual daily
27
73% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Paramount Gold is performing at about 9% of its full potential. 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 Paramount Gold by adding it to a well-diversified portfolio.
Price Book
0.6869
Enterprise Value Ebitda
(4.90)
Price Sales
573.4174
Shares Float
50.7 M
Wall Street Target Price
1.2

Paramount Gold Stock Price History Chart

There are several ways to analyze Paramount Stock price data. The simplest method is using a basic Paramount candlestick price chart, which shows Paramount Gold price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 9, 20240.47
Lowest PriceFebruary 29, 20240.31

Paramount Gold April 24, 2024 Stock Price Synopsis

Various analyses of Paramount Gold's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Paramount Stock. It can be used to describe the percentage change in the price of Paramount Gold from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Paramount Stock.
Paramount Gold Price Rate Of Daily Change 0.98 
Paramount Gold Price Daily Balance Of Power(0.33)
Paramount Gold Price Action Indicator(0.01)

Paramount Gold April 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Paramount Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Paramount Gold intraday prices and daily technical indicators to check the level of noise trading in Paramount Stock and then apply it to test your longer-term investment strategies against Paramount.

Paramount Stock Price History Data

The price series of Paramount Gold for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 0.16 with a coefficient of variation of 11.19. The price distribution for the period has arithmetic mean of 0.39. The median price for the last 90 days is 0.37. The company completed stock split (2:1) on July 25, 2005.
OpenHighLowCloseVolume
04/24/2024
 0.44  0.46  0.43  0.44 
04/23/2024 0.44  0.46  0.43  0.44  61,129 
04/22/2024 0.44  0.45  0.44  0.44  84,744 
04/19/2024 0.44  0.46  0.43  0.44  151,402 
04/18/2024 0.45  0.45  0.44  0.44  53,963 
04/17/2024 0.44  0.45  0.44  0.45  63,440 
04/16/2024 0.44  0.46  0.42  0.43  238,069 
04/15/2024 0.46  0.48  0.45  0.45  230,248 
04/12/2024 0.48  0.51  0.45  0.46  656,034 
04/11/2024 0.47  0.47  0.46  0.47  150,437 
04/10/2024 0.46  0.46  0.44  0.46  138,921 
04/09/2024 0.46  0.47  0.46  0.47  155,433 
04/08/2024 0.49  0.49  0.43  0.46  153,179 
04/05/2024 0.45  0.48  0.45  0.46  407,175 
04/04/2024 0.46  0.46  0.43  0.44  182,337 
04/03/2024 0.44  0.47  0.44  0.46  397,403 
04/02/2024 0.44  0.48  0.43  0.44  568,091 
04/01/2024 0.42  0.45  0.42  0.44  479,507 
03/28/2024 0.41  0.42  0.40  0.41  1,420,773 
03/27/2024 0.38  0.40  0.38  0.40  50,786 
03/26/2024 0.40  0.42  0.39  0.39  70,626 
03/25/2024 0.40  0.42  0.40  0.41  245,528 
03/22/2024 0.39  0.41  0.39  0.41  86,465 
03/21/2024 0.40  0.40  0.39  0.39  71,562 
03/20/2024 0.38  0.40  0.38  0.39  21,655 
03/19/2024 0.40  0.41  0.38  0.38  51,679 
03/18/2024 0.39  0.40  0.39  0.39  99,990 
03/15/2024 0.39  0.41  0.38  0.41  165,443 
03/14/2024 0.38  0.40  0.38  0.38  106,625 
03/13/2024 0.38  0.40  0.38  0.38  110,816 
03/12/2024 0.39  0.40  0.36  0.37  170,586 
03/11/2024 0.36  0.39  0.36  0.37  160,390 
03/08/2024 0.34  0.37  0.34  0.36  273,178 
03/07/2024 0.34  0.35  0.33  0.35  44,272 
03/06/2024 0.34  0.34  0.34  0.34  80,619 
03/05/2024 0.35  0.35  0.33  0.33  49,825 
03/04/2024 0.32  0.35  0.32  0.34  54,297 
03/01/2024 0.31  0.34  0.30  0.33  304,030 
02/29/2024 0.32  0.33  0.31  0.31  115,747 
02/28/2024 0.32  0.33  0.32  0.33  63,161 
02/27/2024 0.35  0.35  0.31  0.33  269,114 
02/26/2024 0.34  0.35  0.34  0.35  41,808 
02/23/2024 0.36  0.36  0.35  0.35  146,974 
02/22/2024 0.36  0.36  0.36  0.36  50,637 
02/21/2024 0.37  0.37  0.36  0.36  32,150 
02/20/2024 0.37  0.37  0.36  0.36  27,508 
02/16/2024 0.36  0.37  0.36  0.37  85,468 
02/15/2024 0.36  0.36  0.36  0.36  31,414 
02/14/2024 0.36  0.37  0.35  0.36  44,980 
02/13/2024 0.35  0.35  0.35  0.35  50,175 
02/12/2024 0.38  0.38  0.35  0.35  58,905 
02/09/2024 0.35  0.37  0.35  0.37  47,939 
02/08/2024 0.35  0.35  0.35  0.35  23,286 
02/07/2024 0.35  0.35  0.35  0.35  64,340 
02/06/2024 0.35  0.36  0.35  0.35  27,604 
02/05/2024 0.36  0.36  0.35  0.35  31,305 
02/02/2024 0.36  0.36  0.35  0.35  99,239 
02/01/2024 0.36  0.36  0.35  0.36  144,012 
01/31/2024 0.36  0.36  0.36  0.36  63,796 
01/30/2024 0.36  0.37  0.36  0.36  35,171 
01/29/2024 0.36  0.36  0.36  0.36  32,361 

About Paramount Gold Stock history

Paramount Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Paramount is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paramount Gold Nevada will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Paramount Gold stock prices may prove useful in developing a viable investing in Paramount Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.8 M30.5 M
Net Loss-5.8 M-6.1 M

Paramount Gold Stock Technical Analysis

Paramount Gold 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.
A focus of Paramount Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Paramount Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Price Ceiling Movement Now

   

Price Ceiling Movement

Calculate and plot Price Ceiling Movement for different equity instruments
All  Next Launch Module

Paramount Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Paramount Gold's price direction in advance. Along with the technical and fundamental analysis of Paramount Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paramount to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Gold Nevada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Paramount Gold Nevada information on this page should be used as a complementary analysis to other Paramount Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Paramount Stock analysis

When running Paramount Gold's price analysis, check to measure Paramount Gold'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 Paramount Gold is operating at the current time. Most of Paramount Gold's value examination focuses on studying past and present price action to predict the probability of Paramount Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Gold's price. Additionally, you may evaluate how the addition of Paramount Gold to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is Paramount Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Gold. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
0.009
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.08)
Return On Equity
(0.16)
The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.