Paramount Resources Stock Analysis
| PRMRF Stock | USD 22.27 0.81 3.77% |
Paramount Resources is overvalued with Real Value of 21.37 and Hype Value of 22.27. The main objective of Paramount Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Paramount Resources is worth, separate from its market price. There are two main types of Paramount Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Paramount Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Paramount Resources' stock to identify patterns and trends that may indicate its future price movements.
The Paramount Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Paramount Resources is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Paramount Pink Sheet trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Paramount Resources' ongoing operational relationships across important fundamental and technical indicators.
Paramount |
Paramount Pink Sheet Analysis Notes
About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Paramount Resources last dividend was issued on the 14th of February 2023. The entity had 3:1 split on the 2nd of June 1997. Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.The quote for Paramount Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Paramount Resources contact Clayton Riddell at 403 290 3600 or learn more at https://www.paramountres.com.Paramount Resources Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Paramount Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Paramount Resources or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| The company has accumulated 386.3 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Paramount Resources has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Paramount Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Paramount Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paramount Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paramount to invest in growth at high rates of return. When we think about Paramount Resources' use of debt, we should always consider it together with cash and equity. | |
| About 35.0% of Paramount Resources outstanding shares are owned by corporate insiders |
Paramount Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Resources's market, we take the total number of its shares issued and multiply it by Paramount Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Paramount Profitablity
Paramount Resources' profitability indicators refer to fundamental financial ratios that showcase Paramount Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Paramount Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Paramount Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Paramount Resources' profitability requires more research than a typical breakdown of Paramount Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.36 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.36. Technical Drivers
As of the 24th of April, Paramount Resources holds the Risk Adjusted Performance of 0.0883, coefficient of variation of 769.17, and Semi Deviation of 2.64. 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. 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 data for nineteen technical drivers for Paramount Resources, which can be compared to its competitors. 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 22.27 per share. Given that Paramount Resources has jensen alpha of 0.2152, 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 Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Paramount Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Paramount Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Paramount Resources Predictive Daily Indicators
Paramount Resources 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 Paramount Resources pink sheet 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.
Paramount Resources Forecast Models
Paramount Resources' time-series forecasting models are one of many Paramount Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paramount Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Paramount Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Paramount Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Paramount shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Paramount Resources. By using and applying Paramount Pink Sheet analysis, traders can create a robust methodology for identifying Paramount entry and exit points for their positions.
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. Paramount Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 475 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Paramount Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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