Park National Stock Forecast - Daily Balance Of Power
| PRK Stock | USD 190.36 1.82 0.95% |
Park Stock Forecast is based on your current time horizon. Although Park National's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Park National's systematic risk associated with finding meaningful patterns of Park National fundamentals over time.
Park |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2457 | (0.31) |
| Check Park National Volatility | Backtest Park National | Trend Details |
Park National Trading Date Momentum
| On February 27 2024 Park National was traded for 125.23 at the closing time. Highest Park National's price during the trading hours was 126.50 and the lowest price during the day was 124.53 . The net volume was 24.3 K. The overall trading history on the 27th of February contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.53% . The trading delta at closing time to current price is 1.24% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Park National
For every potential investor in Park, whether a beginner or expert, Park National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Park Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Park. Basic forecasting techniques help filter out the noise by identifying Park National's price trends.Park National 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 Park National stock to make a market-neutral strategy. Peer analysis of Park National could also be used in its relative valuation, which is a method of valuing Park National by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Park National 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 Park National'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 Park National's current price.| Cycle Indicators | ||
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| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Park National Market Strength Events
Market strength indicators help investors to evaluate how Park National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Park National shares will generate the highest return on investment. By undertsting and applying Park National stock market strength indicators, traders can identify Park National entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0313 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 191.45 | |||
| Day Typical Price | 191.08 | |||
| Market Facilitation Index | 6.09 | |||
| Price Action Indicator | (1.99) | |||
| Period Momentum Indicator | (1.82) |
Park National Risk Indicators
The analysis of Park National'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 Park National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting park 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 | 1.86 | |||
| Semi Deviation | 1.9 | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.08 | |||
| Downside Variance | 4.52 | |||
| Semi Variance | 3.63 | |||
| Expected Short fall | (2.16) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Park National to cross-verify your projections. For more information on how to buy Park Stock please use our How to buy in Park Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 Park National. If investors know Park 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 Park National 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 0.031 | Dividend Share 4.23 | Earnings Share 8.45 | Revenue Per Share 30.018 | Quarterly Revenue Growth 0.071 |
The market value of Park National is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park National's value that differs from its market value or its book value, called intrinsic value, which is Park National'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 Park National's market value can be influenced by many factors that don't directly affect Park National'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 Park National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park National'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.