Parke Bancorp Stock Market Value
| PKBK Stock | USD 23.61 0.06 0.25% |
| Symbol | Parke |
Parke Bancorp Price To Book Ratio
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.
Parke Bancorp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Parke Bancorp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Parke Bancorp.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Parke Bancorp on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Parke Bancorp or generate 0.0% return on investment in Parke Bancorp over 30 days. Parke Bancorp is related to or competes with Sound Financial, Finward Bancorp, Franklin Financial, Community West, Oak Valley, Magyar Bancorp, and Pathfinder Bancorp. Parke Bancorp, Inc. operates as the bank holding company for Parke Bank that provides personal and business financial se... More
Parke Bancorp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Parke Bancorp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Parke Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.0609 | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.28 |
Parke Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parke Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parke Bancorp's standard deviation. In reality, there are many statistical measures that can use Parke Bancorp historical prices to predict the future Parke Bancorp's volatility.| Risk Adjusted Performance | 0.1157 | |||
| Jensen Alpha | 0.0684 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0709 | |||
| Treynor Ratio | 0.1752 |
Parke Bancorp Backtested Returns
Parke Bancorp appears to be very steady, given 3 months investment horizon. Parke Bancorp maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Parke Bancorp, which you can use to evaluate the volatility of the company. Please evaluate Parke Bancorp's Semi Deviation of 1.04, coefficient of variation of 690.6, and Risk Adjusted Performance of 0.1157 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Parke Bancorp holds a performance score of 12. The company holds a Beta of 1.21, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Parke Bancorp will likely underperform. Please check Parke Bancorp's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Parke Bancorp's historical price patterns will revert.
Auto-correlation | 0.53 |
Modest predictability
Parke Bancorp has modest predictability. Overlapping area represents the amount of predictability between Parke Bancorp time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Parke Bancorp price movement. The serial correlation of 0.53 indicates that about 53.0% of current Parke Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Parke Bancorp lagged returns against current returns
Autocorrelation, which is Parke Bancorp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Parke Bancorp's stock expected returns. We can calculate the autocorrelation of Parke Bancorp returns to help us make a trade decision. For example, suppose you find that Parke Bancorp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Parke Bancorp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Parke Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Parke Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Parke Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Parke Bancorp Lagged Returns
When evaluating Parke Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Parke Bancorp stock have on its future price. Parke Bancorp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Parke Bancorp autocorrelation shows the relationship between Parke Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Parke Bancorp.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Parke Bancorp Correlation, Parke Bancorp Volatility and Parke Bancorp Alpha and Beta module to complement your research on Parke Bancorp. For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.