Parks America Stock Market Value
| PRKA Stock | USD 33.33 0.17 0.51% |
| Symbol | Parks |
Parks America '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 Parks America's otc 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 Parks America.
| 05/10/2025 |
| 08/08/2025 |
If you would invest 0.00 in Parks America on May 10, 2025 and sell it all today you would earn a total of 0.00 from holding Parks America or generate 0.0% return on investment in Parks America over 90 days. Parks America is related to or competes with Netflix, Atlanta Braves, Liberty Braves, Madison Square, Liberty Media, Liberty Media, and Atlanta Braves. America, Inc., through its subsidiaries, engages in acquiring, developing, and operating local and regional theme parks ... More
Parks America 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 Parks America's otc 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 Parks America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 44.07 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 1.21 |
Parks America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parks America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parks America's standard deviation. In reality, there are many statistical measures that can use Parks America historical prices to predict the future Parks America's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (1.99) |
Parks America Backtested Returns
Parks America maintains Sharpe Ratio (i.e., Efficiency) of -0.0228, which implies the firm had a -0.0228 % return per unit of risk over the last 3 months. Parks America exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Parks America's Coefficient Of Variation of (4,568), risk adjusted performance of (0.01), and Variance of 20.91 to confirm the risk estimate we provide. The company holds a Beta of 0.0553, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parks America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parks America is expected to be smaller as well. At this point, Parks America has a negative expected return of -0.11%. Please make sure to check Parks America's skewness, as well as the relationship between the daily balance of power and day typical price , to decide if Parks America performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Parks America has very weak predictability. Overlapping area represents the amount of predictability between Parks America time series from 10th of May 2025 to 24th of June 2025 and 24th of June 2025 to 8th of August 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 Parks America price movement. The serial correlation of 0.19 indicates that over 19.0% of current Parks America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 1.6 |
Parks America lagged returns against current returns
Autocorrelation, which is Parks America otc 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 Parks America's otc stock expected returns. We can calculate the autocorrelation of Parks America returns to help us make a trade decision. For example, suppose you find that Parks America has exhibited high autocorrelation historically, and you observe that the otc 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 |
Parks America 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 Parks America otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Parks America otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Parks America otc stock over time.
Current vs Lagged Prices |
| Timeline |
Parks America Lagged Returns
When evaluating Parks America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Parks America otc stock have on its future price. Parks America 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, Parks America autocorrelation shows the relationship between Parks America otc stock current value and its past values and can show if there is a momentum factor associated with investing in Parks America.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Parks OTC Stock
Parks America financial ratios help investors to determine whether Parks OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parks with respect to the benefits of owning Parks America security.