Packaging Corp Stock Forecast - Period Momentum Indicator
PKG Stock | USD 245.30 1.20 0.49% |
Packaging Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Packaging Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
Packaging |
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Packaging Corp Trading Date Momentum
On November 22 2024 Packaging Corp of was traded for 245.30 at the closing time. Highest Packaging Corp's price during the trading hours was 245.61 and the lowest price during the day was 242.36 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not cause price change. The trading delta at closing time to current price is 1.12% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Packaging Corp
For every potential investor in Packaging, whether a beginner or expert, Packaging Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Packaging Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Packaging. Basic forecasting techniques help filter out the noise by identifying Packaging Corp's price trends.Packaging Corp 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 Packaging Corp stock to make a market-neutral strategy. Peer analysis of Packaging Corp could also be used in its relative valuation, which is a method of valuing Packaging Corp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Packaging Corp 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 Packaging Corp'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 Packaging Corp's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Packaging Corp Market Strength Events
Market strength indicators help investors to evaluate how Packaging Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Packaging Corp shares will generate the highest return on investment. By undertsting and applying Packaging Corp stock market strength indicators, traders can identify Packaging Corp of entry and exit signals to maximize returns.
Packaging Corp Risk Indicators
The analysis of Packaging Corp'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 Packaging Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting packaging 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 | 0.7819 | |||
Semi Deviation | 0.2841 | |||
Standard Deviation | 1.16 | |||
Variance | 1.34 | |||
Downside Variance | 0.5944 | |||
Semi Variance | 0.0807 | |||
Expected Short fall | (0.94) |
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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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:Check out Historical Fundamental Analysis of Packaging Corp to cross-verify your projections. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.