Par Technology Stock Probability of Future Stock Price Finishing Over 77.41
| PAR Stock | USD 77.41 0.23 0.30% |
PAR |
PAR Technology Target Price Odds to finish over 77.41
The tendency of PAR Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 77.41 | 90 days | 77.41 | near 1 |
Based on a normal probability distribution, the odds of PAR Technology to move above the current price in 90 days from now is near 1 (This PAR Technology probability density function shows the probability of PAR Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.35 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, PAR Technology will likely underperform. Additionally PAR Technology has an alpha of 0.4342, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). PAR Technology Price Density |
| Price |
Predictive Modules for PAR Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PAR Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.PAR Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PAR Technology is not an exception. The market had few large corrections towards the PAR Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold PAR Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PAR Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 7.35 | |
Ir | Information ratio | 0.18 |
PAR Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of PAR Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PAR Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the last year's revenue of 415.82 M. Reported Net Loss for the year was (69.75 M) with profit before taxes, overhead, and interest of 89.29 M. | |
| PAR Technology has about 77.53 M in cash with (17.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.75. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Zacks Industry Outlook Highlights Seagate, Agilysys and PAR |
PAR Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of PAR Stock often depends not only on the future outlook of the current and potential PAR Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. PAR Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.6 M | |
| Cash And Short Term Investments | 74.6 M |
PAR Technology Technical Analysis
PAR Technology's future price can be derived by breaking down and analyzing its technical indicators over time. PAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PAR Technology. In general, you should focus on analyzing PAR Stock price patterns and their correlations with different microeconomic environments and drivers.
PAR Technology Predictive Forecast Models
PAR Technology's time-series forecasting models is one of many PAR Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary PAR Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about PAR Technology
Checking the ongoing alerts about PAR Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PAR Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the last year's revenue of 415.82 M. Reported Net Loss for the year was (69.75 M) with profit before taxes, overhead, and interest of 89.29 M. | |
| PAR Technology has about 77.53 M in cash with (17.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.75. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Zacks Industry Outlook Highlights Seagate, Agilysys and PAR |
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.