Paragon 28 Stock Forecast - Period Momentum Indicator

FNA Stock  USD 4.89  0.11  2.30%   
Paragon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Paragon 28 stock prices and determine the direction of Paragon 28's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Paragon 28's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Paragon 28's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 4.54, whereas Payables Turnover is forecasted to decline to 1.78. . The current year's Common Stock Shares Outstanding is expected to grow to about 85.4 M, whereas Net Loss is projected to grow to (57.6 M).
Paragon 28 has current Period Momentum Indicator of 0.11. Most investors in Paragon 28 cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Paragon 28's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Paragon 28's price structures and extracts relationships that further increase the accuracy of the generated results. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Paragon 28 Trading Date Momentum

On October 27 2024 Paragon 28 was traded for  4.89  at the closing time. Highest Paragon 28's price during the trading hours was 5.02  and the lowest price during the day was  4.75 . There was no trading activity during the period 0.0. Lack of trading volume on the 27th of October did not cause price change. The trading delta at closing time to current price is 1.64% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Paragon 28

For every potential investor in Paragon, whether a beginner or expert, Paragon 28's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Paragon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Paragon. Basic forecasting techniques help filter out the noise by identifying Paragon 28's price trends.

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 Risk & Return  Correlation

Paragon 28 Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Paragon 28's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Paragon 28's current price.

Paragon 28 Market Strength Events

Market strength indicators help investors to evaluate how Paragon 28 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paragon 28 shares will generate the highest return on investment. By undertsting and applying Paragon 28 stock market strength indicators, traders can identify Paragon 28 entry and exit signals to maximize returns.

Paragon 28 Risk Indicators

The analysis of Paragon 28's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Paragon 28's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting paragon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Paragon 28 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paragon 28's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paragon 28 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paragon 28 Stock:
Check out Historical Fundamental Analysis of Paragon 28 to cross-verify your projections.
For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Health Care Equipment & Supplies space 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 Paragon 28. If investors know Paragon 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 Paragon 28 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
2.843
Quarterly Revenue Growth
0.196
Return On Assets
(0.09)
Return On Equity
(0.32)
The market value of Paragon 28 is measured differently than its book value, which is the value of Paragon that is recorded on the company's balance sheet. Investors also form their own opinion of Paragon 28's value that differs from its market value or its book value, called intrinsic value, which is Paragon 28'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 Paragon 28's market value can be influenced by many factors that don't directly affect Paragon 28'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 Paragon 28's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paragon 28 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paragon 28'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.