Packaging Corp Of Stock Probability of Future Stock Price Finishing Under 246.32

PKG Stock  USD 247.28  0.89  0.36%   
Packaging Corp's future price is the expected price of Packaging Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Packaging Corp of performance during a given time horizon utilizing its historical volatility. Check out Packaging Corp Backtesting, Packaging Corp Valuation, Packaging Corp Correlation, Packaging Corp Hype Analysis, Packaging Corp Volatility, Packaging Corp History as well as Packaging Corp Performance.
  
The current Price To Sales Ratio is estimated to decrease to 1.00. The current Price Earnings Ratio is estimated to decrease to 9.93. Please specify Packaging Corp's target price for which you would like Packaging Corp odds to be computed.

Packaging Corp Target Price Odds to finish below 246.32

The tendency of Packaging 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 PriceHorizonTarget PriceOdds to drop to $ 246.32  or more in 90 days
 247.28 90 days 246.32 
about 98.0
Based on a normal probability distribution, the odds of Packaging Corp to drop to $ 246.32  or more in 90 days from now is about 98.0 (This Packaging Corp of probability density function shows the probability of Packaging Stock to fall within a particular range of prices over 90 days) . Probability of Packaging Corp price to stay between $ 246.32  and its current price of $247.28 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Packaging Corp has a beta of 0.71 indicating as returns on the market go up, Packaging Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Packaging Corp of will be expected to be much smaller as well. Additionally Packaging Corp of has an alpha of 0.2224, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Packaging Corp Price Density   
       Price  

Predictive Modules for Packaging Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Packaging Corp. 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.
Hype
Prediction
LowEstimatedHigh
246.46247.64248.82
Details
Intrinsic
Valuation
LowRealHigh
214.80215.98272.01
Details
Naive
Forecast
LowNextHigh
244.17245.35246.53
Details
10 Analysts
Consensus
LowTargetHigh
139.99153.83170.75
Details

Packaging Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Packaging Corp is not an exception. The market had few large corrections towards the Packaging Corp'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 Packaging Corp of, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Packaging Corp within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.22
β
Beta against Dow Jones0.71
σ
Overall volatility
13.05
Ir
Information ratio 0.16

Packaging Corp 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 Packaging Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Packaging Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 92.0% of the company shares are owned by institutional investors
On 15th of October 2024 Packaging Corp paid $ 1.25 per share dividend to its current shareholders
Latest headline from zacks.com: Packaging Corp. Upgraded to Strong Buy Heres What You Should Know

Packaging Corp 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 Packaging Stock often depends not only on the future outlook of the current and potential Packaging Corp'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. Packaging Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding89.5 M
Cash And Short Term Investments1.1 B

Packaging Corp Technical Analysis

Packaging Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Packaging Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Packaging Corp of. In general, you should focus on analyzing Packaging Stock price patterns and their correlations with different microeconomic environments and drivers.

Packaging Corp Predictive Forecast Models

Packaging Corp's time-series forecasting models is one of many Packaging Corp'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 Packaging Corp'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 Packaging Corp

Checking the ongoing alerts about Packaging Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Packaging Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 92.0% of the company shares are owned by institutional investors
On 15th of October 2024 Packaging Corp paid $ 1.25 per share dividend to its current shareholders
Latest headline from zacks.com: Packaging Corp. Upgraded to Strong Buy Heres What You Should Know
When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Is Paper & Plastic Packaging Products & Materials 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 Packaging Corp. If investors know Packaging 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 Packaging Corp 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
0.3
Dividend Share
5
Earnings Share
8.57
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp'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 Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp'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 Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp'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.