Is Paranovus Entertainment Stock a Good Investment?
Paranovus Entertainment Investment Advice | PAVS |
- Examine Paranovus Entertainment's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Paranovus Entertainment's leadership team and their track record. Good management can help Paranovus Entertainment navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Paranovus Entertainment's business and its evolving consumer preferences.
- Compare Paranovus Entertainment's performance and market position to its competitors. Analyze how Paranovus Entertainment is positioned in terms of product offerings, innovation, and market share.
- Check if Paranovus Entertainment pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Paranovus Entertainment's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paranovus Entertainment Technology stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paranovus Entertainment Technology is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Paranovus Entertainment Stock
Researching Paranovus Entertainment's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paranovus Entertainment recorded a loss per share of 9.57. The entity last dividend was issued on the 7th of August 2020. The firm had 1:20 split on the 11th of October 2022.
To determine if Paranovus Entertainment is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paranovus Entertainment's research are outlined below:
| Paranovus Entertainment generated a negative expected return over the last 90 days | |
| Paranovus Entertainment has high historical volatility and very poor performance | |
| Paranovus Entertainment has some characteristics of a very speculative penny stock | |
| Paranovus Entertainment has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 98.15 M. Net Loss for the year was (72.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Paranovus Entertainment generates negative cash flow from operations | |
| About 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: FTAI Aviation Stock Price Up 0.1 percent - Defense World |
Paranovus Entertainment Quarterly Good Will |
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Paranovus Entertainment uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Paranovus Entertainment Technology. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Paranovus Entertainment's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of October 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
Paranovus Entertainment's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.01 M.Market Cap |
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Paranovus Entertainment's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (4.04) | (3.83) | |
| Return On Capital Employed | (5.11) | (4.86) | |
| Return On Assets | (2.27) | (2.16) | |
| Return On Equity | (5.59) | (5.31) |
Determining Paranovus Entertainment's profitability involves analyzing its financial statements and using various financial metrics to determine if Paranovus Entertainment is a good buy. For example, gross profit margin measures Paranovus Entertainment's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paranovus Entertainment's profitability and make more informed investment decisions.
The data published in Paranovus Entertainment's official financial statements usually reflect Paranovus Entertainment's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paranovus Entertainment. For example, before you start analyzing numbers published by Paranovus accountants, it's critical to develop an understanding of what Paranovus Entertainment's liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Paranovus Entertainment's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paranovus Entertainment's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paranovus Entertainment's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paranovus Entertainment Technology. Please utilize our Beneish M Score to check the likelihood of Paranovus Entertainment's management manipulating its earnings.
Evaluate Paranovus Entertainment's management efficiency
Paranovus Entertainment has return on total asset (ROA) of (0.9923) % which means that it has lost $0.9923 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.9382) %, meaning that it created substantial loss on money invested by shareholders. Paranovus Entertainment's management efficiency ratios could be used to measure how well Paranovus Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -3.83 in 2024. Return On Capital Employed is likely to gain to -4.86 in 2024. At this time, Paranovus Entertainment's Total Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 11.4 M in 2024, whereas Other Current Assets are likely to drop slightly above 288.4 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.99 | 2.84 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (0.41) | (0.39) | |
| Enterprise Value Over EBITDA | (0.44) | (0.42) | |
| Price Book Value Ratio | 2.27 | 3.67 | |
| Enterprise Value Multiple | (0.44) | (0.42) | |
| Price Fair Value | 2.27 | 3.67 | |
| Enterprise Value | 32.2 M | 30.5 M |
The analysis of Paranovus Entertainment's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Paranovus Entertainment's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Paranovus Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.175 |
Basic technical analysis of Paranovus Stock
As of the 4th of June, Paranovus Entertainment holds the Risk Adjusted Performance of (0.06), variance of 43.6, and Coefficient Of Variation of (855.13). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paranovus Entertainment, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Paranovus Entertainment, which can be compared to its competitors. Please check Paranovus Entertainment risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Paranovus Entertainment is priced some-what accurately, providing market reflects its current price of 0.935 per share. Given that Paranovus Entertainment is a hitting penny stock territory we advise to closely look at its jensen alpha.Understand Paranovus Entertainment's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Paranovus Entertainment's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 2.4 | |||
| Mean Deviation | 4.79 | |||
| Coefficient Of Variation | (855.13) | |||
| Standard Deviation | 6.6 | |||
| Variance | 43.6 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | 2.39 | |||
| Maximum Drawdown | 34.13 | |||
| Value At Risk | (14.41) | |||
| Potential Upside | 7.56 | |||
| Skewness | (0.23) | |||
| Kurtosis | 1.11 |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 2.4 | |||
| Mean Deviation | 4.79 | |||
| Coefficient Of Variation | (855.13) | |||
| Standard Deviation | 6.6 | |||
| Variance | 43.6 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | 2.39 | |||
| Maximum Drawdown | 34.13 | |||
| Value At Risk | (14.41) | |||
| Potential Upside | 7.56 | |||
| Skewness | (0.23) | |||
| Kurtosis | 1.11 |
Consider Paranovus Entertainment's intraday indicators
Paranovus Entertainment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paranovus Entertainment stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.94 | |||
| Day Typical Price | 0.94 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Paranovus Stock media impact
Far too much social signal, news, headlines, and media speculation about Paranovus Entertainment that are available to investors today. That information is available publicly through Paranovus media outlets and privately through word of mouth or via Paranovus internal channels. However, regardless of the origin, that massive amount of Paranovus data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Paranovus Entertainment news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Paranovus Entertainment relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Paranovus Entertainment's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Paranovus Entertainment alpha.
Additional Tools for Paranovus Stock Analysis
When running Paranovus Entertainment's price analysis, check to measure Paranovus Entertainment'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 Paranovus Entertainment is operating at the current time. Most of Paranovus Entertainment's value examination focuses on studying past and present price action to predict the probability of Paranovus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paranovus Entertainment's price. Additionally, you may evaluate how the addition of Paranovus Entertainment to your portfolios can decrease your overall portfolio volatility.