Par Technology Stock Market Value
| PAR Stock | USD 68.26 0.04 0.06% |
| Symbol | PAR |
PAR Technology Price To Book Ratio
Is Electronic Equipment, Instruments & 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 PAR Technology. If investors know PAR 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 PAR Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.55) | Revenue Per Share | Quarterly Revenue Growth 0.482 | Return On Assets | Return On Equity |
The market value of PAR Technology is measured differently than its book value, which is the value of PAR that is recorded on the company's balance sheet. Investors also form their own opinion of PAR Technology's value that differs from its market value or its book value, called intrinsic value, which is PAR Technology'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 PAR Technology's market value can be influenced by many factors that don't directly affect PAR Technology'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 PAR Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if PAR Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PAR Technology'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.
PAR Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PAR Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PAR Technology.
| 08/05/2023 |
| 07/25/2025 |
If you would invest 0.00 in PAR Technology on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding PAR Technology or generate 0.0% return on investment in PAR Technology over 720 days. PAR Technology is related to or competes with ON24, Olo, CoreCard Corp, PROS Holdings, Agilysys, Q2 Holdings, and Workiva. PAR Technology Corporation, together with its subsidiaries, provides technology solutions to the restaurant and retail i... More
PAR Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PAR Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PAR Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 9.73 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.57 |
PAR Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PAR Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PAR Technology's standard deviation. In reality, there are many statistical measures that can use PAR Technology historical prices to predict the future PAR Technology's volatility.| Risk Adjusted Performance | 0.1652 | |||
| Jensen Alpha | 0.3357 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0615 | |||
| Treynor Ratio | 3.15 |
PAR Technology Backtested Returns
PAR Technology appears to be very steady, given 3 months investment horizon. PAR Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the company had a 0.17 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for PAR Technology, which you can use to evaluate the volatility of the entity. Please evaluate PAR Technology's Market Risk Adjusted Performance of 3.16, mean deviation of 1.46, and Coefficient Of Variation of 521.63 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PAR Technology holds a performance score of 13. The firm holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, PAR Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding PAR Technology is expected to be smaller as well. Please check PAR Technology's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether PAR Technology's historical price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
PAR Technology has below average predictability. Overlapping area represents the amount of predictability between PAR Technology time series from 5th of August 2023 to 30th of July 2024 and 30th of July 2024 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PAR Technology price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current PAR Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 68.37 |
PAR Technology lagged returns against current returns
Autocorrelation, which is PAR Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PAR Technology's stock expected returns. We can calculate the autocorrelation of PAR Technology returns to help us make a trade decision. For example, suppose you find that PAR Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
PAR Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PAR Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PAR Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PAR Technology stock over time.
Current vs Lagged Prices |
| Timeline |
PAR Technology Lagged Returns
When evaluating PAR Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PAR Technology stock have on its future price. PAR Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PAR Technology autocorrelation shows the relationship between PAR Technology stock current value and its past values and can show if there is a momentum factor associated with investing in PAR Technology.
Regressed Prices |
| Timeline |
Pair Trading with PAR Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PAR Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PAR Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with PAR Stock
| 0.67 | DSWL | Deswell Industries | PairCorr |
| 0.85 | FFIV | F5 Networks Earnings Call This Week | PairCorr |
| 0.79 | HPE | Hewlett Packard Ente | PairCorr |
| 0.83 | VSH | Vishay Intertechnology | PairCorr |
Moving against PAR Stock
| 0.68 | MPTI | M tron Industries, Tech Boost | PairCorr |
The ability to find closely correlated positions to PAR Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PAR Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PAR Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PAR Technology to buy it.
The correlation of PAR Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PAR Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PAR Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PAR Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for PAR Stock Analysis
When running PAR Technology's price analysis, check to measure PAR Technology'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 PAR Technology is operating at the current time. Most of PAR Technology's value examination focuses on studying past and present price action to predict the probability of PAR Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAR Technology's price. Additionally, you may evaluate how the addition of PAR Technology to your portfolios can decrease your overall portfolio volatility.