Parsons Corp Stock Technical Analysis
| PSN Stock | USD 80.05 4.35 5.15% |
As of the 30th of January, Parsons Corp holds the Risk Adjusted Performance of (0.16), coefficient of variation of (508.20), and Variance of 5.82. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parsons Corp, as well as the relationship between them.
Parsons Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Parsons, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ParsonsParsons |
Parsons Corp 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.
Parsons Corp Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Parsons Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Parsons Corp Trend Analysis
Use this graph to draw trend lines for Parsons Corp. You can use it to identify possible trend reversals for Parsons Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Parsons Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Parsons Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Parsons Corp applied against its price change over selected period. The best fit line has a slop of 0.36 , which may imply that the returns on investment in Parsons Corp will continue to fail. It has 122 observation points and a regression sum of squares at 4898.75, which is the sum of squared deviations for the predicted Parsons Corp price change compared to its average price change.About Parsons Corp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Parsons Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Parsons Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Parsons Corp price pattern first instead of the macroeconomic environment surrounding Parsons Corp. By analyzing Parsons Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Parsons Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Parsons Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Parsons Corp January 30, 2025 Technical Indicators
Most technical analysis of Parsons help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Parsons from various momentum indicators to cycle indicators. When you analyze Parsons charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (1.08) | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (508.20) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.82 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (1.09) | |||
| Maximum Drawdown | 14.58 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 1.98 | |||
| Skewness | (2.12) | |||
| Kurtosis | 8.1 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parsons Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Parsons Corp. If investors know Parsons 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 Parsons Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp'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 Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp'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 Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parsons Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp'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.