Park Ohio Stock Forecast - Accumulation Distribution
| PKOH Stock | USD 32.19 0.69 2.10% |
Park Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Park Ohio's historical fundamentals, such as revenue growth or operating cash flow patterns.
Park |
Open Interest Against 2024-12-20 Park Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Park Ohio's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Park Ohio's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Park Ohio stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Park Ohio's open interest, investors have to compare it to Park Ohio's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Park Ohio is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Park. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1266.02 | 0.0299 |
| Check Park Ohio Volatility | Backtest Park Ohio | Information Ratio |
Park Ohio Trading Date Momentum
| On November 17 2024 Park Ohio Holdings was traded for 32.19 at the closing time. The top price for the day was 33.12 and the lowest listed price was 32.13 . There was no trading activity during the period 0.0. Lack of trading volume on November 17, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.89% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Park Ohio to competition |
Other Forecasting Options for Park Ohio
For every potential investor in Park, whether a beginner or expert, Park Ohio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Park Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Park. Basic forecasting techniques help filter out the noise by identifying Park Ohio's price trends.Park Ohio Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Park Ohio stock to make a market-neutral strategy. Peer analysis of Park Ohio could also be used in its relative valuation, which is a method of valuing Park Ohio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Park Ohio Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Park Ohio's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Park Ohio's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Park Ohio Market Strength Events
Market strength indicators help investors to evaluate how Park Ohio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Park Ohio shares will generate the highest return on investment. By undertsting and applying Park Ohio stock market strength indicators, traders can identify Park Ohio Holdings entry and exit signals to maximize returns.
Park Ohio Risk Indicators
The analysis of Park Ohio's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Park Ohio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting park stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.73 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.19 | |||
| Downside Variance | 4.71 | |||
| Semi Variance | 4.06 | |||
| Expected Short fall | (1.88) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of Park Ohio to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Industrial Machinery & Supplies & Components space 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 Ohio. 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 Ohio 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 (0.17) | Dividend Share 0.5 | Earnings Share 3.34 | Revenue Per Share 130.779 | Quarterly Revenue Growth (0) |
The market value of Park Ohio Holdings 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 Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio'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 Ohio's market value can be influenced by many factors that don't directly affect Park Ohio'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 Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio'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.