Parke Bancorp Stock Forecast - Naive Prediction
| PKBK Stock | USD 24.80 0.09 0.36% |
The Naive Prediction forecasted value of Parke Bancorp on the next trading day is expected to be 24.23 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.09. Parke Stock Forecast is based on your current time horizon. Although Parke Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Parke Bancorp's systematic risk associated with finding meaningful patterns of Parke Bancorp fundamentals over time.
As of now the relative strength index (rsi) of Parke Bancorp's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.439 | Wall Street Target Price 13 | Quarterly Revenue Growth 0.31 |
Using Parke Bancorp hype-based prediction, you can estimate the value of Parke Bancorp from the perspective of Parke Bancorp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Parke Bancorp using Parke Bancorp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Parke using crowd psychology based on the activity and movement of Parke Bancorp's stock price.
Parke Bancorp Implied Volatility | 0.89 |
Parke Bancorp's implied volatility exposes the market's sentiment of Parke Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Parke Bancorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Parke Bancorp stock will not fluctuate a lot when Parke Bancorp's options are near their expiration.
The Naive Prediction forecasted value of Parke Bancorp on the next trading day is expected to be 24.23 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.09. Parke Bancorp after-hype prediction price | USD 25.16 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Parke Bancorp to cross-verify your projections. Open Interest Against 2026-04-17 Parke Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Parke Bancorp'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 Parke Bancorp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Parke Bancorp 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 Parke Bancorp's open interest, investors have to compare it to Parke Bancorp'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 Parke Bancorp 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 Parke. 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.
Parke Bancorp Additional Predictive Modules
Most predictive techniques to examine Parke price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Parke using various technical indicators. When you analyze Parke charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Parke Bancorp Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Parke Bancorp's financial statements, predicting their influence on future market prices.
Cash | First Reported 2001-12-31 | Previous Quarter 184.3 M | Current Value 159.3 M | Quarterly Volatility 150.5 M |
Parke Bancorp Naive Prediction Price Forecast For the 8th of January
Given 90 days horizon, the Naive Prediction forecasted value of Parke Bancorp on the next trading day is expected to be 24.23 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.17, and the sum of the absolute errors of 21.09.Please note that although there have been many attempts to predict Parke Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Parke Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Parke Bancorp Stock Forecast Pattern
| Backtest Parke Bancorp | Parke Bancorp Price Prediction | Buy or Sell Advice |
Parke Bancorp Forecasted Value
In the context of forecasting Parke Bancorp's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Parke Bancorp's downside and upside margins for the forecasting period are 22.76 and 25.69, respectively. We have considered Parke Bancorp's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Parke Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Parke Bancorp stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.3349 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3457 |
| MAPE | Mean absolute percentage error | 0.0155 |
| SAE | Sum of the absolute errors | 21.0904 |
Predictive Modules for Parke Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Parke Bancorp. 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.Other Forecasting Options for Parke Bancorp
For every potential investor in Parke, whether a beginner or expert, Parke Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Parke Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Parke. Basic forecasting techniques help filter out the noise by identifying Parke Bancorp's price trends.Parke Bancorp 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 Parke Bancorp stock to make a market-neutral strategy. Peer analysis of Parke Bancorp could also be used in its relative valuation, which is a method of valuing Parke Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Parke Bancorp 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 Parke Bancorp'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 Parke Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Parke Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Parke Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parke Bancorp shares will generate the highest return on investment. By undertsting and applying Parke Bancorp stock market strength indicators, traders can identify Parke Bancorp entry and exit signals to maximize returns.
| Accumulation Distribution | 4880.31 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.0 | |||
| Day Typical Price | 24.93 | |||
| Price Action Indicator | (0.24) | |||
| Period Momentum Indicator | (0.09) |
Parke Bancorp Risk Indicators
The analysis of Parke Bancorp'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 Parke Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting parke 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 | 0.9942 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.1 | |||
| Downside Variance | 2.31 | |||
| Semi Variance | 1.24 | |||
| Expected Short fall | (1.10) |
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.
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Is Regional Banks 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 Parke Bancorp. If investors know Parke 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 Parke Bancorp 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 0.439 | Dividend Share 0.72 | Earnings Share 2.84 | Revenue Per Share | Quarterly Revenue Growth 0.31 |
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp'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 Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp'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 Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp'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.