Packaging (Germany) Price on November 22, 2024
| PKA Stock | EUR 234.80 0.10 0.04% |
If you're considering investing in Packaging Stock, it is important to understand the factors that can impact its price. As of today, the current price of Packaging stands at 234.80, as last reported on the 27th of November, with the highest price reaching 235.00 and the lowest price hitting 232.20 during the day. Packaging appears to be out of control, given 3 months investment horizon. Packaging maintains Sharpe Ratio (i.e., Efficiency) of 0.3, which implies the firm had a 0.3% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Packaging, which you can use to evaluate the volatility of the company. Please evaluate Packaging's Downside Deviation of 0.6862, standard deviation of 1.28, and Risk Adjusted Performance of 0.2454 to confirm if our risk estimates are consistent with your expectations.
Packaging Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Packaging |
Sharpe Ratio = 0.2983
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Packaging is performing at about 23% 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 Packaging by adding it to a well-diversified portfolio.
Packaging Valuation on November 22, 2024
It is possible to determine the worth of Packaging on a given historical date. On November 22, 2024 Packaging was worth 232.3 at the beginning of the trading date compared to the closed value of 235.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Packaging stock. Still, in general, we apply an absolute valuation method to find Packaging'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 Packaging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Packaging's related companies.
| Open | High | Low | Close | Volume | |
| 229.40 | 232.80 | 229.40 | 232.70 | 15.00 | |
11/22/2024 | 232.30 | 235.60 | 232.30 | 235.30 | 15.00 |
| 234.20 | 236.70 | 234.10 | 234.90 | 15.00 |
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Packaging Trading Date Momentum on November 22, 2024
| On November 25 2024 Packaging of was traded for 234.90 at the closing time. The highest daily price throughout the period was 236.70 and the lowest price was 234.10 . The daily volume was 15.0. The net trading volume on 11/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.17% . The trading delta at closing time to current closing price is 0.64% . |
Packaging Fundamentals Correlations and Trends
By evaluating Packaging'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 Packaging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Packaging financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Packaging Stock history
Packaging 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 Packaging is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Packaging 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 Packaging stock prices may prove useful in developing a viable investing in Packaging
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois. PACKAGING CORP operates under Packaging Containers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15000 people.
Packaging Stock Technical Analysis
Packaging 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
Packaging Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Packaging of 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.
Packaging November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Packaging 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 shares will generate the highest return on investment. By undertsting and applying Packaging stock market strength indicators, traders can identify Packaging of entry and exit signals to maximize returns
Packaging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Packaging's price direction in advance. Along with the technical and fundamental analysis of Packaging Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Packaging 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 | 0.2454 | |||
| Jensen Alpha | 0.2914 | |||
| Total Risk Alpha | 0.1929 | |||
| Sortino Ratio | 0.3998 | |||
| Treynor Ratio | 0.46 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Packaging Stock analysis
When running Packaging's price analysis, check to measure Packaging'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 Packaging is operating at the current time. Most of Packaging's value examination focuses on studying past and present price action to predict the probability of Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packaging's price. Additionally, you may evaluate how the addition of Packaging to your portfolios can decrease your overall portfolio volatility.
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