Park Ohio Holdings Stock Price Prediction
| PKOH Stock | USD 26.07 0.46 1.73% |
Oversold Vs Overbought
40
Oversold | Overbought |
Park Ohio Holdings stock price prediction is an act of determining the future value of Park Ohio shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Park Ohio's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Park Ohio and does not consider all of the tangible or intangible factors available from Park Ohio's fundamental data. We analyze noise-free headlines and recent hype associated with Park Ohio Holdings, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Park Ohio's stock price prediction:Quarterly Earnings Growth 0.594 | EPS Estimate Next Quarter 0.9 | EPS Estimate Current Year 3.38 | EPS Estimate Next Year 3.8 | Wall Street Target Price 31 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Park Ohio based on different types of headlines from major news networks to social media. The Park stock price prediction module provides an analysis of price elasticity to changes in media outlook on Park Ohio over a specific investment horizon. Using Park Ohio hype-based prediction, you can estimate the value of Park Ohio Holdings from the perspective of Park Ohio response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Park Ohio using Park Ohio's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Park using crowd psychology based on the activity and movement of Park Ohio's stock price.
Park Ohio Implied Volatility | 124.28 |
Park Ohio's implied volatility exposes the market's sentiment of Park Ohio Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Park Ohio's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Park Ohio stock will not fluctuate a lot when Park Ohio's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Park Ohio. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Park Ohio to buy its stock at a price that has no basis in reality. In that case, they are not buying Park because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Park Ohio after-hype prediction price | USD 26.53 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Park |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Park Ohio's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Park Ohio After-Hype Price Prediction Density Analysis
As far as predicting the price of Park Ohio at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Park Ohio or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Park Ohio, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Park Ohio Estimiated After-Hype Price Volatility
In the context of predicting Park Ohio's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Park Ohio's historical news coverage. Park Ohio's after-hype downside and upside margins for the prediction period are 23.98 and 29.08, respectively. We have considered Park Ohio's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Park Ohio is very steady at this time. Analysis and calculation of next after-hype price of Park Ohio Holdings is based on 3 months time horizon.
Park Ohio Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Park Ohio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Park Ohio backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Park Ohio, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.20 | 2.55 | 0.05 | 0.09 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
26.07 | 26.53 | 0.00 |
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Park Ohio Hype Timeline
Park Ohio Holdings is at this time traded for 26.07. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.09. Park is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.2%. %. The volatility of related hype on Park Ohio is about 540.25%, with the expected price after the next announcement by competition of 26.16. About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.18. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Park Ohio Holdings has Price/Earnings To Growth (PEG) ratio of 1.09. The entity last dividend was issued on the 2nd of May 2024. The firm had 2:1 split on the 6th of April 1981. Given the investment horizon of 90 days the next estimated press release will be in about 10 days. Check out Park Ohio Basic Forecasting Models to cross-verify your projections.Park Ohio Related Hype Analysis
Having access to credible news sources related to Park Ohio's direct competition is more important than ever and may enhance your ability to predict Park Ohio's future price movements. Getting to know how Park Ohio's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Park Ohio may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CXT | Crane NXT Co | (0.53) | 8 per month | 1.44 | (0) | 2.65 | (2.35) | 6.73 | |
| DCI | Donaldson | 0.15 | 8 per month | 0.78 | 0.12 | 1.58 | (1.39) | 6.78 | |
| ITT | ITT Inc | (0.68) | 12 per month | 1.59 | (0.02) | 2.73 | (2.75) | 7.43 | |
| FELE | Franklin Electric Co | 0.71 | 10 per month | 1.85 | (0.01) | 2.31 | (2.42) | 9.63 | |
| GGG | Graco Inc | (0.73) | 10 per month | 0.00 | (0.12) | 1.43 | (1.71) | 8.51 | |
| IEX | IDEX Corporation | 2.23 | 11 per month | 0.97 | (0.0004) | 1.53 | (1.52) | 7.39 | |
| IR | Ingersoll Rand | 0.74 | 11 per month | 0.77 | 0.14 | 2.32 | (1.40) | 5.72 | |
| JBT | John Bean Technologies | 1.83 | 9 per month | 0.00 | (0.09) | 2.77 | (3.53) | 9.34 | |
| HLIO | Helios Technologies | 0.93 | 11 per month | 2.16 | 0.04 | 4.21 | (3.54) | 12.87 | |
| GRC | Gorman Rupp | 0.07 | 9 per month | 0.00 | (0.03) | 2.63 | (2.78) | 19.44 |
Park Ohio Additional Predictive Modules
Most predictive techniques to examine Park price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Park using various technical indicators. When you analyze Park charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Park Ohio Predictive Indicators
The successful prediction of Park Ohio stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Park Ohio Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Park Ohio based on analysis of Park Ohio hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Park Ohio's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Park Ohio's related companies. | 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.027 | 0.0469 | 0.0223 | Price To Sales Ratio | 0.18 | 0.0999 | 0.2 |
Story Coverage note for Park Ohio
The number of cover stories for Park Ohio depends on current market conditions and Park Ohio's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Park Ohio is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Park Ohio's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Park Ohio Short Properties
Park Ohio's future price predictability will typically decrease when Park Ohio's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Park Ohio Holdings often depends not only on the future outlook of the potential Park Ohio's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Park Ohio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.5 M | |
| Cash And Short Term Investments | 54.8 M |
Check out Park Ohio Basic Forecasting Models to cross-verify your projections. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.