Packaging Corp Of Stock Price on April 23, 2024

PKG Stock  USD 247.28  0.89  0.36%   
Below is the normalized historical share price chart for Packaging Corp of extending back to January 28, 2000. 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 Packaging Corp stands at 247.28, as last reported on the 25th of November, with the highest price reaching 250.82 and the lowest price hitting 246.44 during the day.
IPO Date
27th of January 2000
200 Day MA
195.8042
50 Day MA
224.8194
Beta
0.777
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Packaging Stock, it is important to understand the factors that can impact its price. Packaging Corp appears to be very steady, given 3 months investment horizon. Packaging Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Packaging Corp, which you can use to evaluate the volatility of the company. Please evaluate Packaging Corp's Coefficient Of Variation of 363.72, semi deviation of 0.2815, and Risk Adjusted Performance of 0.2142 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Packaging Corp's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Packaging Corp's current Stock Based Compensation is estimated to increase to about 42 M, while Common Stock Shares Outstanding is projected to decrease to roughly 79.7 M. . The current Price To Sales Ratio is estimated to decrease to 1.00. The current Price Earnings Ratio is estimated to decrease to 9.93. Packaging Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2642

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Packaging Corp is performing at about 20% 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 Corp by adding it to a well-diversified portfolio.
Price Book
5.1898
Enterprise Value Ebitda
15.2341
Price Sales
2.7066
Shares Float
87.6 M
Dividend Share
5

Packaging Corp Valuation on April 23, 2024

It is possible to determine the worth of Packaging Corp on a given historical date. On April 23, 2024 Packaging was worth 167.55 at the beginning of the trading date compared to the closed value of 168.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Packaging Corp stock. Still, in general, we apply an absolute valuation method to find Packaging Corp'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 Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Packaging Corp's related companies.
 Open High Low Close Volume
  177.37    178.21    173.96    177.02    689,153  
04/23/2024
  167.55    171.64    166.86    168.72    1,436,846  
  169.81    172.70    168.86    171.72    871,049  
Backtest Packaging Corp  |  Packaging Corp History  |  Packaging Corp Valuation   PreviousNext  
Open Value
167.55
164.03
Downside
168.72
Closing Value
171.07
Upside

Packaging Corp Trading Date Momentum on April 23, 2024

On April 24 2024 Packaging Corp of was traded for  171.72  at the closing time. Highest Packaging Corp's price during the trading hours was 172.70  and the lowest price during the day was  168.86 . The net volume was 871 K. The overall trading history on the 24th of April contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 1.78% . The trading delta at closing time to current price is 3.15% .

Packaging Corp Fundamentals Correlations and Trends

By evaluating Packaging Corp'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 Corp'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 Corp Stock history

Packaging Corp 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 Corp 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 Corp stock prices may prove useful in developing a viable investing in Packaging Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding89.5 M79.7 M
Net Income Applicable To Common Shares1.2 B1.2 B

Packaging Corp Quarterly Net Working Capital

2.14 Billion

Packaging Corp Stock Technical Analysis

Packaging Corp 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 Packaging Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Packaging Corp 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

Packaging Corp Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Packaging Corp of cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Corp November 25, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Packaging Corp'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.

Complementary Tools for Packaging Stock analysis

When running Packaging Corp's price analysis, check to measure Packaging Corp'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 Corp is operating at the current time. Most of Packaging Corp's value examination focuses on studying past and present price action to predict the probability of Packaging Corp'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 Corp's price. Additionally, you may evaluate how the addition of Packaging Corp to your portfolios can decrease your overall portfolio volatility.
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