Par Drugs Stock Forecast - Relative Strength Index

PAR Stock   294.05  12.65  4.50%   
Par Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Par Drugs stock prices and determine the direction of Par Drugs And's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Par Drugs' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Par Drugs' Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 75.1 M, whereas Other Current Liabilities is forecasted to decline to about 20.4 M.
Par Drugs And has current Relative Strength Index of 87.38.
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Par Drugs Trading Date Momentum

On November 23 2024 Par Drugs And was traded for  294.05  at the closing time. The highest price during the trading period was 307.00  and the lowest recorded bid was listed for  281.50 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not cause price change. The trading delta at closing time to the current price is 3.45% .
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Other Forecasting Options for Par Drugs

For every potential investor in Par, whether a beginner or expert, Par Drugs' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Par Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Par. Basic forecasting techniques help filter out the noise by identifying Par Drugs' price trends.

Par Drugs 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 Par Drugs stock to make a market-neutral strategy. Peer analysis of Par Drugs could also be used in its relative valuation, which is a method of valuing Par Drugs by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Par Drugs And 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 Par Drugs' 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 Par Drugs' current price.

Par Drugs Market Strength Events

Market strength indicators help investors to evaluate how Par Drugs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Par Drugs shares will generate the highest return on investment. By undertsting and applying Par Drugs stock market strength indicators, traders can identify Par Drugs And entry and exit signals to maximize returns.

Par Drugs Risk Indicators

The analysis of Par Drugs' 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 Par Drugs' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting par 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.
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.

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 Par Stock

Par Drugs financial ratios help investors to determine whether Par 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 Par with respect to the benefits of owning Par Drugs security.