Patrick Industries Stock Price Patterns
| PATK Stock | USD 126.17 3.35 2.59% |
Momentum 77
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth (0.16) | EPS Estimate Next Quarter 0.7138 | EPS Estimate Current Year 4.344 | EPS Estimate Next Year 5.454 | Wall Street Target Price 118.4 |
Using Patrick Industries hype-based prediction, you can estimate the value of Patrick Industries from the perspective of Patrick Industries response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Patrick Industries using Patrick Industries' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Patrick using crowd psychology based on the activity and movement of Patrick Industries' stock price.
Patrick Industries Short Interest
An investor who is long Patrick Industries may also wish to track short interest. As short interest increases, investors should be becoming more worried about Patrick Industries and may potentially protect profits, hedge Patrick Industries with its derivative instruments, or be ready for some potential downside.
200 Day MA 101.8118 | Short Percent 0.131 | Short Ratio 9.85 | Shares Short Prior Month 3.1 M | 50 Day MA 114.467 |
Patrick Industries Hype to Price Pattern
Investor biases related to Patrick Industries' public news can be used to forecast risks associated with an investment in Patrick. The trend in average sentiment can be used to explain how an investor holding Patrick can time the market purely based on public headlines and social activities around Patrick Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Patrick Industries' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Patrick Industries.
Patrick Industries Implied Volatility | 0.44 |
Patrick Industries' implied volatility exposes the market's sentiment of Patrick Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Patrick Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Patrick Industries stock will not fluctuate a lot when Patrick Industries' options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Patrick Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying Patrick because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Patrick Industries after-hype prediction price | USD 127.88 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Patrick contract
Based on the Rule 16, the options market is currently suggesting that Patrick Industries will have an average daily up or down price movement of about 0.0275% per day over the life of the 2026-03-20 option contract. With Patrick Industries trading at USD 126.17, that is roughly USD 0.0347 . If you think that the market is fully incorporating Patrick Industries' daily price movement you should consider acquiring Patrick Industries options at the current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Patrick Industries Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Patrick Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Patrick Industries After-Hype Price Density Analysis
As far as predicting the price of Patrick Industries at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Patrick Industries or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Patrick Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Patrick Industries Estimiated After-Hype Price Volatility
In the context of predicting Patrick Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Patrick Industries' historical news coverage. Patrick Industries' after-hype downside and upside margins for the prediction period are 126.12 and 129.64, respectively. We have considered Patrick Industries' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Patrick Industries is very steady at this time. Analysis and calculation of next after-hype price of Patrick Industries is based on 3 months time horizon.
Patrick Industries Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Patrick Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patrick Industries backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Patrick Industries, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.32 | 1.76 | 1.71 | 0.57 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
126.17 | 127.88 | 1.36 |
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Patrick Industries Hype Timeline
Patrick Industries is at this time traded for 126.17. The entity has historical hype elasticity of 1.71, and average elasticity to hype of competition of -0.57. Patrick is anticipated to increase in value after the next headline, with the price projected to jump to 127.88 or above. The average volatility of media hype impact on the company the price is about 32.9%. The price upswing on the next news is projected to be 1.36%, whereas the daily expected return is at this time at 0.32%. The volatility of related hype on Patrick Industries is about 99.15%, with the expected price after the next announcement by competition of 125.60. The company reported the previous year's revenue of 3.72 B. Net Income was 138.4 M with profit before overhead, payroll, taxes, and interest of 887.41 M. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Patrick Industries Basic Forecasting Models to cross-verify your projections.Patrick Industries Related Hype Analysis
Having access to credible news sources related to Patrick Industries' direct competition is more important than ever and may enhance your ability to predict Patrick Industries' future price movements. Getting to know how Patrick Industries' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Patrick Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CARG | CarGurus | 0.21 | 12 per month | 0.00 | (0.09) | 2.84 | (3.16) | 12.39 | |
| WHR | Whirlpool | (0.78) | 8 per month | 2.39 | 0.05 | 5.16 | (4.39) | 11.82 | |
| RH | RH | (6.95) | 10 per month | 2.93 | 0.03 | 6.59 | (4.89) | 15.48 | |
| RRR | Red Rock Resorts | (0.64) | 8 per month | 2.67 | 0.04 | 3.88 | (2.69) | 13.11 | |
| REAL | TheRealReal | (3.42) | 3 per month | 2.78 | 0.06 | 4.47 | (4.99) | 44.37 | |
| HOG | Harley Davidson | (0.06) | 8 per month | 0.00 | (0.26) | 2.41 | (3.31) | 8.88 | |
| GTX | Garrett Motion | 0.55 | 8 per month | 1.49 | 0.04 | 2.86 | (2.62) | 7.19 | |
| BRSL | Brightstar Lottery PLC | (0.63) | 9 per month | 0.00 | (0.18) | 2.42 | (2.06) | 7.30 | |
| MHO | MI Homes | (3.42) | 8 per month | 1.77 | 0.02 | 4.51 | (3.54) | 10.17 | |
| ANF | Abercrombie Fitch | (2.61) | 9 per month | 3.48 | 0.09 | 5.90 | (3.84) | 55.23 |
Patrick Industries Additional Predictive Modules
Most predictive techniques to examine Patrick price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Patrick using various technical indicators. When you analyze Patrick charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Patrick Industries Predictive Indicators
The successful prediction of Patrick Industries stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Patrick Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Patrick Industries based on analysis of Patrick Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Patrick Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Patrick Industries's related companies. | 2024 | 2025 (projected) | Dividend Yield | 0.0185 | 0.0167 | Price To Sales Ratio | 0.73 | 0.66 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Try AI Portfolio ProphetCheck out Patrick Industries Basic Forecasting Models to cross-verify your projections. For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Building Products 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 Patrick Industries. Anticipated expansion of Patrick directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Patrick Industries assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.16) | Dividend Share 1.6 | Earnings Share 3.5 | Revenue Per Share | Quarterly Revenue Growth 0.061 |
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Patrick Industries' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Patrick Industries should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Patrick Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.