Park National Stock Forecast - Standard Deviation
| PRK Stock | USD 137.46 0.32 0.23% |
Park Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Park National stock prices and determine the direction of Park National's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Park National's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Park National's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Park National's systematic risk associated with finding meaningful patterns of Park National fundamentals over time.
Check out Historical Fundamental Analysis of Park National to cross-verify your projections. Park |
Open Interest Against 2024-06-21 Park Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Park National'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 National's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Park National 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 National's open interest, investors have to compare it to Park National'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 National 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.
Most investors in Park National cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Park National's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Park National's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Park National Volatility | Backtest Park National | Information Ratio |
Park National Trading Date Momentum
| On May 31 2024 Park National was traded for 137.46 at the closing time. Highest Park National's price during the trading hours was 139.33 and the lowest price during the day was 137.21 . The net volume was 41.9 K. The overall trading history on the 31st of May did not cause price change. The trading delta at closing time to current price is 0.62% . |
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Other Forecasting Options for Park National
For every potential investor in Park, whether a beginner or expert, Park National'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 National's price trends.Park National 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 National stock to make a market-neutral strategy. Peer analysis of Park National could also be used in its relative valuation, which is a method of valuing Park National by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Park National 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 National'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 National's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Park National Market Strength Events
Market strength indicators help investors to evaluate how Park National 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 National shares will generate the highest return on investment. By undertsting and applying Park National stock market strength indicators, traders can identify Park National entry and exit signals to maximize returns.
| Accumulation Distribution | 638.25 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 138.27 | |||
| Day Typical Price | 138.0 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.97) | |||
| Period Momentum Indicator | (0.32) |
Park National Risk Indicators
The analysis of Park National'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 National'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 | 1.25 | |||
| Semi Deviation | 1.71 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Downside Variance | 3.27 | |||
| Semi Variance | 2.91 | |||
| Expected Short fall | (1.25) |
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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Park National using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Park National to cross-verify your projections. For more information on how to buy Park Stock please use our How to buy in Park Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Park Stock analysis
When running Park National's price analysis, check to measure Park National'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 National is operating at the current time. Most of Park National's value examination focuses on studying past and present price action to predict the probability of Park National'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 National's price. Additionally, you may evaluate how the addition of Park National to your portfolios can decrease your overall portfolio volatility.
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Is Park National'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 National. 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 National 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 0.048 | Dividend Share 4.21 | Earnings Share 7.89 | Revenue Per Share 28.892 | Quarterly Revenue Growth 0.028 |
The market value of Park National 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 National's value that differs from its market value or its book value, called intrinsic value, which is Park National'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 National's market value can be influenced by many factors that don't directly affect Park National'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 National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park National'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.