Parke Bancorp Stock Price on April 19, 2024

PKBK Stock  USD 23.55  0.52  2.26%   
Below is the normalized historical share price chart for Parke Bancorp extending back to November 21, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Parke Bancorp stands at 23.55, as last reported on the 22nd of November, with the highest price reaching 23.55 and the lowest price hitting 23.18 during the day.
IPO Date
5th of September 2001
200 Day MA
18.307
50 Day MA
21.3938
Beta
0.696
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Parke Stock, it is important to understand the factors that can impact its price. Parke Bancorp appears to be very steady, given 3 months investment horizon. Parke Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Parke Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Parke Bancorp's Semi Deviation of 0.9841, coefficient of variation of 566.73, and Risk Adjusted Performance of 0.1401 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Parke Bancorp's Total Stockholder Equity is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 140.4 M this year, although the value of Treasury Stock will most likely fall to (2.8 M). . At this time, Parke Bancorp's Price Fair Value is quite stable compared to the past year. Parke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1475

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Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Parke Bancorp is performing at about 11% 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 Parke Bancorp by adding it to a well-diversified portfolio.
Price Book
0.9166
Price Sales
4.334
Shares Float
9.8 M
Dividend Share
0.72
Wall Street Target Price
13

Parke Bancorp Main Headline on 19th of April 2024

Parke Bancorp reports Q1 GAAP EPS of 0.51 with a revenue decline of 20.1 percent YoY.

Parke Bancorp Valuation on April 19, 2024

It is possible to determine the worth of Parke Bancorp on a given historical date. On April 19, 2024 Parke was worth 15.85 at the beginning of the trading date compared to the closed value of 16.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parke Bancorp stock. Still, in general, we apply an absolute valuation method to find Parke Bancorp'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 Parke Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parke Bancorp's related companies.
 Open High Low Close Volume
  15.92    16.02    15.83    15.92    24,370  
04/19/2024
  15.85    16.22    15.85    16.22    14,888  
  16.13    16.42    16.00    16.03    10,577  
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Open Value
15.85
16.22
Closing Value
20.52
Upside

Parke Bancorp Trading Date Momentum on April 19, 2024

On April 22 2024 Parke Bancorp was traded for  16.03  at the closing time. The top price for the day was 16.42  and the lowest listed price was  16.00 . The trading volume for the day was 10.6 K. The trading history from April 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.17% . The trading delta at closing time against the current closing price is 0.00% .

Parke Bancorp Fundamentals Correlations and Trends

By evaluating Parke Bancorp'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 Parke Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parke financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Parke Bancorp Stock history

Parke Bancorp 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 Parke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parke Bancorp 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 Parke Bancorp stock prices may prove useful in developing a viable investing in Parke Bancorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.1 M10.6 M
Net Income Applicable To Common Shares48.1 M50.5 M

Parke Bancorp Stock Technical Analysis

Parke Bancorp 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.
A focus of Parke Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parke Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Parke Bancorp Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Parke Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Parke Bancorp November 22, 2024 Market Strength

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

Parke Bancorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parke Bancorp's price direction in advance. Along with the technical and fundamental analysis of Parke Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parke 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.
When determining whether Parke Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Parke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parke Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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
6.283
Dividend Share
0.72
Earnings Share
2.34
Revenue Per Share
5.282
Quarterly Revenue Growth
(0.08)
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.