United Parks Resorts Stock Market Value
| PRKS Stock | 56.84 0.45 0.79% |
| Symbol | United |
United Parks Resorts Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 United Parks. If investors know United 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 United Parks 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 0.081 | Earnings Share 3.8 | Revenue Per Share 27.299 | Quarterly Revenue Growth 0.003 | Return On Assets 0.1226 |
The market value of United Parks Resorts is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Parks' value that differs from its market value or its book value, called intrinsic value, which is United Parks' 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 United Parks' market value can be influenced by many factors that don't directly affect United Parks' 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 United Parks' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Parks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Parks' 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.
United Parks '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 United Parks' 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 United Parks.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in United Parks on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding United Parks Resorts or generate 0.0% return on investment in United Parks over 180 days. United Parks is related to or competes with Amer Sports,, Vista Outdoor, Carnival Plc, Solo Brands, Six Flags, HWH International, and OneSpaWorld Holdings. United Parks is entity of United States. It is traded as Stock on NYSE exchange. More
United Parks 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 United Parks' 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 United Parks Resorts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0837 | |||
| Maximum Drawdown | 10.38 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.27 |
United Parks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Parks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Parks' standard deviation. In reality, there are many statistical measures that can use United Parks historical prices to predict the future United Parks' volatility.| Risk Adjusted Performance | 0.1036 | |||
| Jensen Alpha | 0.158 | |||
| Total Risk Alpha | 0.0229 | |||
| Sortino Ratio | 0.0913 | |||
| Treynor Ratio | 0.2159 |
United Parks Resorts Backtested Returns
United Parks appears to be very steady, given 3 months investment horizon. United Parks Resorts owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Parks Resorts, which you can use to evaluate the volatility of the company. Please review United Parks' Risk Adjusted Performance of 0.1036, coefficient of variation of 775.02, and Semi Deviation of 1.62 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Parks holds a performance score of 8. The entity has a beta of 1.21, which indicates 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, United Parks will likely underperform. Please check United Parks' treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether United Parks' existing price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
United Parks Resorts has good reverse predictability. Overlapping area represents the amount of predictability between United Parks time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 United Parks Resorts price movement. The serial correlation of -0.52 indicates that about 52.0% of current United Parks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 7.13 |
United Parks Resorts lagged returns against current returns
Autocorrelation, which is United Parks 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 United Parks' stock expected returns. We can calculate the autocorrelation of United Parks returns to help us make a trade decision. For example, suppose you find that United Parks 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 |
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United Parks 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 United Parks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Parks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Parks stock over time.
Current vs Lagged Prices |
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United Parks Lagged Returns
When evaluating United Parks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Parks stock have on its future price. United Parks 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, United Parks autocorrelation shows the relationship between United Parks stock current value and its past values and can show if there is a momentum factor associated with investing in United Parks Resorts.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for United Stock Analysis
When running United Parks' price analysis, check to measure United Parks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Parks is operating at the current time. Most of United Parks' value examination focuses on studying past and present price action to predict the probability of United Parks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parks' price. Additionally, you may evaluate how the addition of United Parks to your portfolios can decrease your overall portfolio volatility.