Paramount Resources Potential Upside

POU Stock  CAD 30.00  0.23  0.77%   
Technical inputs supporting the Potential Upside indicator for Paramount Resources are shown here. The information is based on observed market data across timeframes. Paramount Resources has a market cap of 4.33 B, operating margin of -9.28%, ROE of 40.23%. See Your Equity Center for additional portfolio context. The portfolio reflects a holding in Paramount Resources. The relative size of each holding follows the allocation framework. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Paramount Resources has current Potential Upside of 2.93. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.

Potential Upside

 = 

1PM

2PM

 = 
2.93
1PM = First upper moment
2PM = Second upper moment

Potential Upside Peers Comparison

Potential Upside Relative To Other Indicators

Paramount Resources is rated below average in potential upside compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing 2.92 in Maximum Drawdown for each unit of Potential Upside. The spread between Maximum Drawdown and Potential Upside for Paramount Resources sits at 2.92
Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on an investment relative to minimal acceptable return. Compare Paramount Resources to Peers

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