Paramount Global Class Stock Price on June 27, 2024
| PARAA Stock | USD 18.38 0.56 3.14% |
Below is the normalized historical share price chart for Paramount Global Class extending back to November 05, 1984. 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 18.38, as last reported on the 29th of June, with the highest price reaching 18.42 and the lowest price hitting 17.80 during the day.
If you're considering investing in Paramount Stock, it is important to understand the factors that can impact its price. 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. Paramount Global Class exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paramount Global's Variance of 20.8, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,771) to confirm the risk estimate we provide.
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 17th of February 2022 | 200 Day MA 19.4061 | 50 Day MA 20.8904 | Beta 1.8 |
Paramount |
Sharpe Ratio = -0.0263
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PARAA |
Estimated Market Risk
| 4.62 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paramount Global 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 Paramount Global by adding Paramount Global to a well-diversified portfolio.
Price Book 0.6303 | Enterprise Value Ebitda 246.8194 | Price Sales 0.2557 | Shares Float 592.3 M | Dividend Share 0.2 |
Paramount Global Main Headline on 27th of June 2024
GAMMA Investing LLC Acquires 1126 Shares of Paramount Global... by news.google.com
GAMMA Investing LLC Acquires 1126 Shares of Paramount Global Defense World
Paramount Global Valuation on June 27, 2024
It is possible to determine the worth of Paramount Global on a given historical date. On June 27, 2024 Paramount was worth 16.93 at the beginning of the trading date compared to the closed value of 17.82. 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 | |
| 17.00 | 17.19 | 16.87 | 16.89 | 41,265 | |
06/27/2024 | 16.93 | 17.82 | 16.90 | 17.82 | 53,122 |
| 17.80 | 18.42 | 17.80 | 18.38 | 183,390 |
| Backtest Paramount Global | | | Paramount Global History | | | Paramount Global Valuation | Previous | Next |
Paramount Global Trading Date Momentum on June 27, 2024
| On June 28 2024 Paramount Global Class was traded for 18.38 at the closing time. The highest daily price throughout the period was 18.42 and the lowest price was 17.80 . The daily volume was 183.4 K. The net trading volume on 06/28/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 3.14% . The trading delta at closing time to current closing price is 0.11% . |
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