PARKER HANNIFIN P 41 Price on June 20, 2023
| 701094AL8 | 76.43 0.00 0.00% |
If you're considering investing in PARKER Bond, it is important to understand the factors that can impact its price. As of today, the current price of PARKER stands at 76.43, as last reported on the 11th of December 2024, with the highest price reaching 76.43 and the lowest price hitting 76.43 during the day. PARKER HANNIFIN P maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the bond had a -0.22% return per unit of standard deviation over the last 3 months. PARKER HANNIFIN P exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PARKER's Variance of 2.83, market risk adjusted performance of 0.2706, and Mean Deviation of 1.01 to confirm the risk estimate we provide.
PARKER Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
PARKER |
Sharpe Ratio = -0.2153
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| Negative Returns | 701094AL8 |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PARKER is not performing at its full potential. However, 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 PARKER by adding PARKER to a well-diversified portfolio.
PARKER Valuation on June 20, 2023
It is possible to determine the worth of PARKER on a given historical date. On June 20, 2023 PARKER was worth 85.47 at the beginning of the trading date compared to the closed value of 85.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PARKER bond. Still, in general, we apply an absolute valuation method to find PARKER'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 PARKER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PARKER's related companies.
| Open | High | Low | Close | Volume | |
06/20/2023 | 85.47 | 85.47 | 85.47 | 85.47 | 110,000 |
| 85.28 | 85.28 | 85.28 | 85.28 | 1.00 |
| Backtest PARKER | | | PARKER History | | | PARKER Valuation | Next |
PARKER Trading Date Momentum on June 20, 2023
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About PARKER Bond history
PARKER 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 PARKER is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PARKER HANNIFIN P 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 PARKER stock prices may prove useful in developing a viable investing in PARKER
PARKER Bond Technical Analysis
PARKER technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
PARKER Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PARKER HANNIFIN P 41 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
PARKER December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PARKER bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PARKER shares will generate the highest return on investment. By undertsting and applying PARKER bond market strength indicators, traders can identify PARKER HANNIFIN P 41 entry and exit signals to maximize returns
PARKER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PARKER's price direction in advance. Along with the technical and fundamental analysis of PARKER Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of PARKER 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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 0.2606 |
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Other Information on Investing in PARKER Bond
PARKER financial ratios help investors to determine whether PARKER Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PARKER with respect to the benefits of owning PARKER security.