Park Electrochemical Stock Probability of Future Stock Price Finishing Over 17.01
| PKE Stock | USD 14.44 0.06 0.42% |
Closest to current price Park long CALL Option Payoff at Expiration
Park |
Park Electrochemical Target Price Odds to finish over 17.01
The tendency of Park Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 17.01 or more in 90 days |
| 14.44 | 90 days | 17.01 | near 1 |
Based on a normal probability distribution, the odds of Park Electrochemical to move over $ 17.01 or more in 90 days from now is near 1 (This Park Electrochemical probability density function shows the probability of Park Stock to fall within a particular range of prices over 90 days) . Probability of Park Electrochemical price to stay between its current price of $ 14.44 and $ 17.01 at the end of the 90-day period is about 82.87 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.23 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Park Electrochemical will likely underperform. Additionally Park Electrochemical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Park Electrochemical Price Density |
| Price |
Predictive Modules for Park Electrochemical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Park Electrochemical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Park Electrochemical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Park Electrochemical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Park Electrochemical is not an exception. The market had few large corrections towards the Park Electrochemical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Park Electrochemical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Park Electrochemical within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 1.23 | |
σ | Overall volatility | 0.63 | |
Ir | Information ratio | -0.04 |
Park Electrochemical Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Park Electrochemical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Park Electrochemical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 80.0% of the company shares are owned by institutional investors | |
| On 3rd of May 2024 Park Electrochemical paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3000 shares by P Farabaugh of Park Electrochemical at 13.69 subject to Rule 16b-3 |
Park Electrochemical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Park Stock often depends not only on the future outlook of the current and potential Park Electrochemical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Park Electrochemical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.5 M | |
| Cash And Short Term Investments | 105.4 M |
Park Electrochemical Technical Analysis
Park Electrochemical's future price can be derived by breaking down and analyzing its technical indicators over time. Park Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Park Electrochemical. In general, you should focus on analyzing Park Stock price patterns and their correlations with different microeconomic environments and drivers.
Park Electrochemical Predictive Forecast Models
Park Electrochemical's time-series forecasting models is one of many Park Electrochemical's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Park Electrochemical's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Park Electrochemical
Checking the ongoing alerts about Park Electrochemical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Park Electrochemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 80.0% of the company shares are owned by institutional investors | |
| On 3rd of May 2024 Park Electrochemical paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 3000 shares by P Farabaugh of Park Electrochemical at 13.69 subject to Rule 16b-3 |
Check out Park Electrochemical Backtesting, Park Electrochemical Valuation, Park Electrochemical Correlation, Park Electrochemical Hype Analysis, Park Electrochemical Volatility, Park Electrochemical History as well as Park Electrochemical Performance. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Park Stock analysis
When running Park Electrochemical's price analysis, check to measure Park Electrochemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Park Electrochemical is operating at the current time. Most of Park Electrochemical's value examination focuses on studying past and present price action to predict the probability of Park Electrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Electrochemical's price. Additionally, you may evaluate how the addition of Park Electrochemical to your portfolios can decrease your overall portfolio volatility.
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Is Park Electrochemical's industry 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 Park Electrochemical. If investors know Park 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 Park Electrochemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 0.475 | Earnings Share 0.47 | Revenue Per Share 2.613 | Quarterly Revenue Growth (0.16) |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.