Paringa Resources Limited Stock Buy Hold or Sell Recommendation
| PNGZF Stock | USD 0.03 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Paringa Resources Limited is 'Hold'. Macroaxis provides Paringa Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PNGZF positions.
Check out Paringa Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Paringa and provide practical buy, sell, or hold advice based on investors' constraints. Paringa Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Paringa |
Execute Paringa Resources Buy or Sell Advice
The Paringa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paringa Resources Limited. Macroaxis does not own or have any residual interests in Paringa Resources Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paringa Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Fair | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Paringa Resources Trading Alerts and Improvement Suggestions
| Paringa Resources is way too risky over 90 days horizon | |
| Paringa Resources has some characteristics of a very speculative penny stock | |
| Paringa Resources appears to be risky and price may revert if volatility continues | |
| Paringa Resources Limited has accumulated about 4.54 M in cash with (476.69 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
Paringa Resources Returns Distribution Density
The distribution of Paringa Resources' historical returns is an attempt to chart the uncertainty of Paringa Resources' future price movements. The chart of the probability distribution of Paringa Resources daily returns describes the distribution of returns around its average expected value. We use Paringa Resources Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paringa Resources returns is essential to provide solid investment advice for Paringa Resources.
| Mean Return | 14.10 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 51.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paringa Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paringa Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paringa Resources or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paringa Resources' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paringa pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 12.35 | |
β | Beta against Dow Jones | 15.38 | |
σ | Overall volatility | 125.78 | |
Ir | Information ratio | 0.11 |
Paringa Resources Volatility Alert
Paringa Resources Limited is displaying above-average volatility over the selected time horizon. Paringa Resources Limited is a penny stock. Although Paringa Resources may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Paringa Resources Limited. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Paringa instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Paringa Resources Fundamentals Vs Peers
Comparing Paringa Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paringa Resources' direct or indirect competition across all of the common fundamentals between Paringa Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paringa Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Paringa Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Paringa Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paringa Resources to competition |
| Fundamentals | Paringa Resources | Peer Average |
| Return On Equity | -7.08 | -0.31 |
| Return On Asset | -0.12 | -0.14 |
| Current Valuation | 68.61 M | 16.62 B |
| Shares Outstanding | 25.29 M | 571.82 M |
| Shares Owned By Insiders | 24.66 % | 10.09 % |
| Shares Owned By Institutions | 10.93 % | 39.21 % |
| Price To Earning | 0.06 X | 28.72 X |
| Price To Book | 0.17 X | 9.51 X |
| EBITDA | 141.36 M | 3.9 B |
| Net Income | 80.42 M | 570.98 M |
| Cash And Equivalents | 4.54 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 400 K | 5.32 B |
| Debt To Equity | 0.10 % | 48.70 % |
| Current Ratio | 3.74 X | 2.16 X |
| Book Value Per Share | 0.02 X | 1.93 K |
| Cash Flow From Operations | (476.69 K) | 971.22 M |
| Earnings Per Share | 0.42 X | 3.12 X |
| Target Price | 0.7 | |
| Number Of Employees | 20 | 18.84 K |
| Beta | 0.64 | -0.15 |
| Market Capitalization | 12.42 M | 19.03 B |
| Total Asset | 16.86 M | 29.47 B |
| Retained Earnings | (9.31 M) | 9.33 B |
| Working Capital | 439 K | 1.48 B |
| Current Asset | 1.64 M | 9.34 B |
| Current Liabilities | 1.2 M | 7.9 B |
| Z Score | 45.0 | 8.72 |
Paringa Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paringa . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Paringa Resources Buy or Sell Advice
When is the right time to buy or sell Paringa Resources Limited? Buying financial instruments such as Paringa Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Paringa Pink Sheet
Paringa Resources financial ratios help investors to determine whether Paringa Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Paringa with respect to the benefits of owning Paringa Resources security.