Parken Sport Entertainment Stock Current Valuation

PARKEN Stock  DKK 120.50  0.50  0.41%   
Valuation analysis of PARKEN Sport Enterta helps investors to measure PARKEN Sport's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
120.50
Please note that PARKEN Sport's price fluctuation is very steady at this time. Calculation of the real value of PARKEN Sport Enterta is based on 3 months time horizon. Increasing PARKEN Sport's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since PARKEN Sport is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PARKEN Stock. However, PARKEN Sport's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  120.5 Real  102.38 Hype  120.5 Naive  121.83
The real value of PARKEN Stock, also known as its intrinsic value, is the underlying worth of PARKEN Sport Enterta Company, which is reflected in its stock price. It is based on PARKEN Sport's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of PARKEN Sport's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
102.38
Real Value
132.55
Upside
Estimating the potential upside or downside of PARKEN Sport Entertainment helps investors to forecast how PARKEN stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of PARKEN Sport more accurately as focusing exclusively on PARKEN Sport's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
118.06121.71125.36
Details
Hype
Prediction
LowEstimatedHigh
117.89120.50123.11
Details
Naive
Forecast
LowNext ValueHigh
119.22121.83124.44
Details

PARKEN Sport Entertainment Company Current Valuation Analysis

PARKEN Sport's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current PARKEN Sport Current Valuation

    
  1.93 B  
Most of PARKEN Sport's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PARKEN Sport Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, PARKEN Sport Entertainment has a Current Valuation of 1.93 B. This is 89.33% lower than that of the Hotels, Restaurants & Leisure sector and 75.11% lower than that of the Consumer Discretionary industry. The current valuation for all Denmark stocks is 88.38% higher than that of the company.

PARKEN Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PARKEN Sport's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PARKEN Sport could also be used in its relative valuation, which is a method of valuing PARKEN Sport by comparing valuation metrics of similar companies.
PARKEN Sport is currently under evaluation in current valuation category among its peers.

PARKEN Fundamentals

About PARKEN Sport Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PARKEN Sport Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PARKEN Sport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PARKEN Sport Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with PARKEN Sport

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PARKEN Sport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PARKEN Sport will appreciate offsetting losses from the drop in the long position's value.

Moving against PARKEN Stock

  0.48NOVO-B Novo Nordisk ASPairCorr
The ability to find closely correlated positions to PARKEN Sport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PARKEN Sport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PARKEN Sport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PARKEN Sport Entertainment to buy it.
The correlation of PARKEN Sport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PARKEN Sport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PARKEN Sport Enterta moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PARKEN Sport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in PARKEN Stock

PARKEN Sport financial ratios help investors to determine whether PARKEN Stock 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 PARKEN with respect to the benefits of owning PARKEN Sport security.