Park Electrochemical Stock Market Value
| PKE Stock | USD 15.11 0.08 0.53% |
| Symbol | Park |
Park Electrochemical Price To Book Ratio
Is Aerospace & Defense 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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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 0.16 | Dividend Share 0.5 | Earnings Share 0.34 | Revenue Per Share 2.898 | Quarterly Revenue Growth 0.339 |
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.
Park Electrochemical '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 Park Electrochemical'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 Park Electrochemical.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Park Electrochemical on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Park Electrochemical or generate 0.0% return on investment in Park Electrochemical over 270 days. Park Electrochemical is related to or competes with Innovative Solutions, VSE, Curtiss Wright, Ducommun Incorporated, National Presto, Astronics, and Cadre Holdings. Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce compos... More
Park Electrochemical 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 Park Electrochemical'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 Park Electrochemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.0513 | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 3.51 |
Park Electrochemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Park Electrochemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Park Electrochemical's standard deviation. In reality, there are many statistical measures that can use Park Electrochemical historical prices to predict the future Park Electrochemical's volatility.| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0852 | |||
| Treynor Ratio | 0.1286 |
Park Electrochemical Backtested Returns
At this point, Park Electrochemical is not too volatile. Park Electrochemical maintains Sharpe Ratio (i.e., Efficiency) of 0.0872, which implies the firm had a 0.0872% return per unit of risk over the last 3 months. We have found thirty technical indicators for Park Electrochemical, which you can use to evaluate the volatility of the company. Please check Park Electrochemical's Risk Adjusted Performance of 0.0949, semi deviation of 0.9475, and Coefficient Of Variation of 864.42 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Park Electrochemical has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 1.75, 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, Park Electrochemical will likely underperform. Park Electrochemical right now holds a risk of 2.02%. Please check Park Electrochemical expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Park Electrochemical will be following its historical price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Park Electrochemical has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Park Electrochemical time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Park Electrochemical price movement. The serial correlation of -0.74 indicates that around 74.0% of current Park Electrochemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Park Electrochemical lagged returns against current returns
Autocorrelation, which is Park Electrochemical 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 Park Electrochemical's stock expected returns. We can calculate the autocorrelation of Park Electrochemical returns to help us make a trade decision. For example, suppose you find that Park Electrochemical 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 |
Park Electrochemical 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 Park Electrochemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Park Electrochemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Park Electrochemical stock over time.
Current vs Lagged Prices |
| Timeline |
Park Electrochemical Lagged Returns
When evaluating Park Electrochemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Park Electrochemical stock have on its future price. Park Electrochemical 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, Park Electrochemical autocorrelation shows the relationship between Park Electrochemical stock current value and its past values and can show if there is a momentum factor associated with investing in Park Electrochemical.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Park Electrochemical is a strong investment it is important to analyze Park Electrochemical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Park Electrochemical's future performance. For an informed investment choice regarding Park Stock, refer to the following important reports:Check out Park Electrochemical Correlation, Park Electrochemical Volatility and Park Electrochemical Alpha and Beta module to complement your research on Park Electrochemical. For information on how to trade Park Stock refer to our How to Trade Park Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Park Electrochemical 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.