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PARA
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
9.41B

PARA Price Prediction, Paramount Global AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for PARA with price predictions
07:00 PM EST Nov 26, 2023

PARA in upward trend: 10-day moving average crossed above 50-day moving average on November 15, 2023

The 10-day moving average for PARA crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 20, 2023. You may want to consider a long position or call options on PARA as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PARA just turned positive on November 02, 2023. Looking at past instances where PARA's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

PARA moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PARA advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PARA moved out of overbought territory on November 06, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PARA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PARA broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PARA entered a downward trend on November 02, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.423) is normal, around the industry mean (5.272). P/E Ratio (15.924) is within average values for comparable stocks, (75.730). Projected Growth (PEG Ratio) (0.839) is also within normal values, averaging (2.849). Dividend Yield (0.041) settles around the average of (0.063) among similar stocks. P/S Ratio (0.307) is also within normal values, averaging (115.906).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PARA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PARA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

A.I. Advisor
published Earnings

PARA is expected to report earnings to fall 93.73% to 1 cents per share on February 14

Paramount Global PARA Stock Earnings Reports
Q4'23
Est.
$0.02
Q3'23
Beat
by $0.19
Q2'23
Beat
by $0.10
Q1'23
Missed
by $0.08
Q4'22
Missed
by $0.16
The last earnings report on November 02 showed earnings per share of 30 cents, beating the estimate of 10 cents. With 6.24M shares outstanding, the current market capitalization sits at 9.41B.
A.I.Advisor
published Dividends

PARA paid dividends on October 02, 2023

Paramount Global PARA Stock Dividends
А dividend of $0.05 per share was paid with a record date of October 02, 2023, and an ex-dividend date of September 14, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Global (NASDAQ:PARA), iQIYI (NASDAQ:IQ), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA).

Industry description

Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.

Market Cap

The average market capitalization across the Movies/Entertainment Industry is 7.77B. The market cap for tickers in the group ranges from 134 to 209.89B. NFLX holds the highest valuation in this group at 209.89B. The lowest valued company is LRDG at 134.

High and low price notable news

The average weekly price growth across all stocks in the Movies/Entertainment Industry was 1%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was -11%. ENTEF experienced the highest price growth at 67%, while ANGH experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Movies/Entertainment Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was 8% and the average quarterly volume growth was -36%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 59
Price Growth Rating: 51
SMR Rating: 84
Profit Risk Rating: 88
Seasonality Score: 5 (-100 ... +100)
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published price charts
A.I. Advisor
published General Information

General Information

a mass media company, which creates and distributes content across a variety of platforms to audiences around the world.

Industry MoviesEntertainment

Profile
Fundamentals
Details
Industry
N/A
Address
1515 Broadway
Phone
+1 212 258-6000
Employees
24500
Web
https://www.paramount.com
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PARA and

Correlation & Price change

A.I.dvisor indicates that over the last year, PARA has been closely correlated with PARAA. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if PARA jumps, then PARAA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PARA
1D Price
Change %
PARA100%
-0.42%
PARAA - PARA
98%
Closely correlated
-1.72%
PARAP - PARA
97%
Closely correlated
-0.10%
WBD - PARA
66%
Loosely correlated
-0.65%
FOX - PARA
62%
Loosely correlated
-0.70%
FOXA - PARA
60%
Loosely correlated
-0.82%
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