PARA vs. PAYC
Compare and contrast key facts about Paramount Global Class B (PARA) and Paycom Software, Inc. (PAYC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARA or PAYC.
Correlation
The correlation between PARA and PAYC is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PARA vs. PAYC - Performance Comparison
Key characteristics
PARA:
-0.58
PAYC:
0.10
PARA:
-0.67
PAYC:
0.44
PARA:
0.92
PAYC:
1.06
PARA:
-0.33
PAYC:
0.05
PARA:
-1.09
PAYC:
0.22
PARA:
27.30%
PAYC:
17.09%
PARA:
51.23%
PAYC:
38.68%
PARA:
-90.06%
PAYC:
-74.43%
PARA:
-88.24%
PAYC:
-61.64%
Fundamentals
PARA:
$7.67B
PAYC:
$13.43B
PARA:
-$9.06
PAYC:
$8.31
PARA:
0.29
PAYC:
1.69
PARA:
$28.87B
PAYC:
$1.82B
PARA:
$8.65B
PAYC:
$1.43B
PARA:
-$4.60B
PAYC:
$788.57M
Returns By Period
In the year-to-date period, PARA achieves a -26.45% return, which is significantly lower than PAYC's 2.18% return. Over the past 10 years, PARA has underperformed PAYC with an annualized return of -13.38%, while PAYC has yielded a comparatively higher 22.85% annualized return.
PARA
-26.45%
1.11%
12.16%
-31.24%
-21.87%
-13.38%
PAYC
2.18%
-4.14%
48.67%
1.56%
-4.25%
22.85%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PARA vs. PAYC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paramount Global Class B (PARA) and Paycom Software, Inc. (PAYC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PARA vs. PAYC - Dividend Comparison
PARA's dividend yield for the trailing twelve months is around 1.87%, more than PAYC's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PARA Paramount Global Class B | 1.87% | 2.64% | 5.69% | 3.18% | 2.58% | 1.86% | 1.65% | 1.22% | 1.04% | 1.27% | 0.98% | 0.75% |
PAYC Paycom Software, Inc. | 0.72% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PARA vs. PAYC - Drawdown Comparison
The maximum PARA drawdown since its inception was -90.06%, which is greater than PAYC's maximum drawdown of -74.43%. Use the drawdown chart below to compare losses from any high point for PARA and PAYC. For additional features, visit the drawdowns tool.
Volatility
PARA vs. PAYC - Volatility Comparison
The current volatility for Paramount Global Class B (PARA) is 10.80%, while Paycom Software, Inc. (PAYC) has a volatility of 12.57%. This indicates that PARA experiences smaller price fluctuations and is considered to be less risky than PAYC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PARA vs. PAYC - Financials Comparison
This section allows you to compare key financial metrics between Paramount Global Class B and Paycom Software, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities