Park Ohio Holdings Stock Price on April 17, 2024
| PKOH Stock | USD 27.12 0.08 0.29% |
Below is the normalized historical share price chart for Park Ohio Holdings extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Park Ohio stands at 27.12, as last reported on the 17th of May 2024, with the highest price reaching 27.12 and the lowest price hitting 27.12 during the day.
If you're considering investing in Park Stock, it is important to understand the factors that can impact its price. Park Ohio appears to be very steady, given 3 months investment horizon. Park Ohio Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0891, which implies the firm had a 0.0891% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Park Ohio Holdings, which you can use to evaluate the volatility of the company. Please evaluate Park Ohio's Semi Deviation of 2.4, coefficient of variation of 930.15, and Risk Adjusted Performance of 0.0716 to confirm if our risk estimates are consistent with your expectations.
The Park Ohio's current Capital Stock is estimated to increase to about 17.8 M, while Total Stockholder Equity is projected to decrease to under 145.8 M. . As of now, Park Ohio's Price To Free Cash Flows Ratio is decreasing as compared to previous years. The Park Ohio's current Price To Book Ratio is estimated to increase to 1.45, while Price Earnings To Growth Ratio is forecasted to increase to (1.25). Park Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 23.4014 | 50 Day MA 25.3456 | Beta 1.208 |
Park |
Sharpe Ratio = 0.0891
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Park Ohio is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Park Ohio by adding it to a well-diversified portfolio.
Price Book 1.1783 | Enterprise Value Ebitda 8.1436 | Price Sales 0.1991 | Shares Float 7.9 M | Dividend Share 0.5 |
Park Ohio Main Headline on 17th of April 2024
Form DEF 14A PARK OHIO HOLDINGS CORP For May 23 - StreetInsi... by news.google.com
Form DEF 14A PARK OHIO HOLDINGS CORP For May 23 StreetInsider.com
Park Ohio Valuation on April 17, 2024
It is possible to determine the worth of Park Ohio on a given historical date. On April 17, 2024 Park was worth 24.92 at the beginning of the trading date compared to the closed value of 23.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Park Ohio stock. Still, in general, we apply an absolute valuation method to find Park Ohio's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Park Ohio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Park Ohio's related companies.
| Open | High | Low | Close | Volume | |
| 24.29 | 24.33 | 23.76 | 24.02 | 12,655 | |
04/17/2024 | 24.92 | 24.92 | 23.20 | 23.20 | 13,807 |
| 23.63 | 23.66 | 22.97 | 22.97 | 22,578 |
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Park Ohio Trading Date Momentum on April 17, 2024
| On April 18 2024 Park Ohio Holdings was traded for 22.97 at the closing time. The top price for the day was 23.66 and the lowest listed price was 22.97 . The trading volume for the day was 22.6 K. The trading history from April 18, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.99% . The trading delta at closing time against the current closing price is 4.96% . |
Park Ohio Holdings Fundamentals Correlations and Trends
By evaluating Park Ohio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Park Ohio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Park financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Park Ohio Stock history
Park Ohio investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Park is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Park Ohio Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Park Ohio stock prices may prove useful in developing a viable investing in Park Ohio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.5 M | 11.2 M | |
| Net Loss | -12.8 M | -12.1 M |
Park Ohio Quarterly Net Working Capital |
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Park Ohio Stock Technical Analysis
Park Ohio 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.
Price Boundaries
Park Ohio Period Price Range
Low | April 17, 2024
| High |
24.92 | 23.20 |
Park Ohio May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Park Ohio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Park Ohio shares will generate the highest return on investment. By undertsting and applying Park Ohio stock market strength indicators, traders can identify Park Ohio Holdings entry and exit signals to maximize returns
Park Ohio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Park Ohio's price direction in advance. Along with the technical and fundamental analysis of Park Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Park to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.1692 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0598 | |||
| Treynor Ratio | 0.2848 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Ohio Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Park Stock analysis
When running Park Ohio's price analysis, check to measure Park Ohio's 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 Park Ohio is operating at the current time. Most of Park Ohio's value examination focuses on studying past and present price action to predict the probability of Park Ohio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Ohio's price. Additionally, you may evaluate how the addition of Park Ohio to your portfolios can decrease your overall portfolio volatility.
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Is Park Ohio's industry 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 Ohio. 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 Ohio 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 0.594 | Dividend Share 0.5 | Earnings Share 2.94 | Revenue Per Share 133.954 | Quarterly Revenue Growth (0.01) |
The market value of Park Ohio Holdings 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 Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio'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 Ohio's market value can be influenced by many factors that don't directly affect Park Ohio'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 Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio'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.