Paramount Global Class Stock Price on April 1, 2024
| PARA Stock | USD 12.02 0.62 4.91% |
Below is the normalized historical share price chart for Paramount Global Class extending back to June 18, 1990. 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 Global stands at 12.02, as last reported on the 18th of May 2024, with the highest price reaching 12.60 and the lowest price hitting 12.02 during the day.
If you're considering investing in Paramount Stock, it is important to understand the factors that can impact its price. We consider Paramount Global somewhat reliable. Paramount Global Class maintains Sharpe Ratio (i.e., Efficiency) of 0.0263, which implies the firm had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Paramount Global Class, which you can use to evaluate the volatility of the company. Please check Paramount Global's Coefficient Of Variation of (19,058), risk adjusted performance of 0.0057, and Variance of 22.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At present, Paramount Global's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Total Stockholder Equity is forecasted to decline to about 14 B. . At present, Paramount Global's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 25.27, whereas Price To Sales Ratio is forecasted to decline to 0.30. Paramount Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date | 200 Day MA 13.1054 | 50 Day MA 11.9048 | Beta 1.761 |
Paramount |
Sharpe Ratio = 0.0263
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | PARA | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Paramount Global is performing at about 2% 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 Global by adding it to a well-diversified portfolio.
Price Book 0.317 | Enterprise Value Ebitda 246.8194 | Price Sales 0.256 | Shares Float 592.3 M | Dividend Share 0.2 |
Paramount Global Main Headline on 1st of April 2024
Paramount Global Class dividend paid on 1st of April 2024 |
Paramount Global Valuation on April 1, 2024
It is possible to determine the worth of Paramount Global on a given historical date. On April 1, 2024 Paramount was worth 11.81 at the beginning of the trading date compared to the closed value of 11.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paramount Global stock. Still, in general, we apply an absolute valuation method to find Paramount Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Paramount Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paramount Global's related companies.
| Open | High | Low | Close | Volume | |
| 11.62 | 11.91 | 11.61 | 11.77 | 9,848,097 | |
04/01/2024 | 11.81 | 11.84 | 11.56 | 11.75 | 9,538,341 |
| 11.59 | 11.78 | 11.48 | 11.76 | 10,142,172 |
| Backtest Paramount Global | | | Paramount Global History | | | Paramount Global Valuation | Previous | Next |
Paramount Global Trading Date Momentum on April 1, 2024
| On April 02 2024 Paramount Global Class was traded for 11.76 at the closing time. The top price for the day was 11.78 and the lowest listed price was 11.48 . The trading volume for the day was 10.1 M. The trading history from April 2, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 9.79% . |
Paramount Global Class Fundamentals Correlations and Trends
By evaluating Paramount Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Paramount Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paramount financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paramount Global Stock history
Paramount Global 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 Global Class 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 Global stock prices may prove useful in developing a viable investing in Paramount Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 652 M | 649.8 M | |
| Net Income Applicable To Common Shares | 1.3 B | 2 B |
Paramount Global Quarterly Net Working Capital |
|
Paramount Global Stock Technical Analysis
Paramount Global 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.
Price Boundaries
Paramount Global Period Price Range
Low | April 1, 2024
| High |
11.81 | 11.75 |
Paramount Global May 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Paramount Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paramount Global shares will generate the highest return on investment. By undertsting and applying Paramount Global stock market strength indicators, traders can identify Paramount Global Class entry and exit signals to maximize returns
| Accumulation Distribution | 225569.0 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.7 | |||
| Day Typical Price | 11.72 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.27 |
Paramount Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paramount Global'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.
| Risk Adjusted Performance | 0.0057 | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (0.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Paramount Stock analysis
When running Paramount Global's price analysis, check to measure Paramount Global'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 Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global'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 Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |
Is Paramount Global'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 Global. 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 Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 79.876 | Dividend Share 0.2 | Earnings Share (1.13) | Revenue Per Share 46.07 | Quarterly Revenue Growth 0.058 |
The market value of Paramount Global Class 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global'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 Global's market value can be influenced by many factors that don't directly affect Paramount Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global'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.