PARK24 (Germany) Price on March 14, 2024
| 5FJ Stock | EUR 10.60 0.30 2.75% |
If you're considering investing in PARK24 Stock, it is important to understand the factors that can impact its price. As of today, the current price of PARK24 stands at 10.60, as last reported on the 26th of November, with the highest price reaching 10.60 and the lowest price hitting 10.60 during the day. PARK24 is risky given 3 months investment horizon. PARK24 LTD maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use PARK24 Coefficient Of Variation of 769.1, market risk adjusted performance of (1.46), and Mean Deviation of 2.89 to evaluate company specific risk that cannot be diversified away.
PARK24 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PARK24 |
Sharpe Ratio = 0.1277
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 5FJ | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 10.52 actual daily | 93 93% of assets are less volatile |
Expected Return
| 1.34 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average PARK24 is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PARK24 by adding it to a well-diversified portfolio.
PARK24 Valuation on March 14, 2024
It is possible to determine the worth of PARK24 on a given historical date. On March 14, 2024 PARK24 was worth 5.89 at the beginning of the trading date compared to the closed value of 5.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PARK24 stock. Still, in general, we apply an absolute valuation method to find PARK24's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PARK24 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PARK24's related companies.
| Open | High | Low | Close | Volume | |
| 5.78 | 5.84 | 5.78 | 5.78 | 1.00 | |
03/14/2024 | 5.89 | 5.95 | 5.89 | 5.95 | 1.00 |
| 5.56 | 5.56 | 5.51 | 5.51 | 1.00 |
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PARK24 Trading Date Momentum on March 14, 2024
| On March 15 2024 PARK24 LTD was traded for 5.51 at the closing time. The highest daily price throughout the period was 5.56 and the lowest price was 5.51 . There was no trading activity during the period 1.0. Lack of trading volume on 03/15/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 7.39% . The trading delta at closing time to current closing price is 2.86% . |
PARK24 LTD Fundamentals Correlations and Trends
By evaluating PARK24's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PARK24's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PARK24 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PARK24 Stock history
PARK24 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PARK24 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PARK24 LTD will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PARK24 stock prices may prove useful in developing a viable investing in PARK24
PARK24 Co., Ltd. operates and manages parking facilities in Japan and Internationally. PARK24 Co., Ltd. was founded in 1971 and is headquartered in Tokyo, Japan. PARK24 operates under Specialty Business Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5565 people.
PARK24 Stock Technical Analysis
PARK24 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
PARK24 Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
PARK24 LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PARK24 November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how PARK24 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PARK24 shares will generate the highest return on investment. By undertsting and applying PARK24 stock market strength indicators, traders can identify PARK24 LTD entry and exit signals to maximize returns
PARK24 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PARK24's price direction in advance. Along with the technical and fundamental analysis of PARK24 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PARK24 to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1086 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.7059 | |||
| Treynor Ratio | (1.47) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PARK24 Stock analysis
When running PARK24's price analysis, check to measure PARK24'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 PARK24 is operating at the current time. Most of PARK24's value examination focuses on studying past and present price action to predict the probability of PARK24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PARK24's price. Additionally, you may evaluate how the addition of PARK24 to your portfolios can decrease your overall portfolio volatility.
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