Par Technology Stock Probability of Future Stock Price Finishing Over 54.47

PAR Stock  USD 45.08  2.36  5.52%   
PAR Technology's implied volatility is one of the determining factors in the pricing options written on PAR Technology. Implied volatility approximates the future value of PAR Technology based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in PAR Technology over a specific time period. For example, 2024-04-19 CALL at $45.0 is a CALL option contract on PAR Technology's common stock with a strick price of 45.0 expiring on 2024-04-19. The contract was last traded on 2024-03-25 at 13:31:58 for $1.7 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.8, and an ask price of $2.25. The implied volatility as of the 28th of March is 44.31. View All PAR options

Closest to current price PAR long CALL Option Payoff at Expiration

PAR Technology's future price is the expected price of PAR Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of PAR Technology performance during a given time horizon utilizing its historical volatility. Check out PAR Technology Backtesting, PAR Technology Valuation, PAR Technology Correlation, PAR Technology Hype Analysis, PAR Technology Volatility, PAR Technology History as well as PAR Technology Performance.
To learn how to invest in PAR Stock, please use our How to Invest in PAR Technology guide.
  
At this time, PAR Technology's Price To Sales Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Book Value Ratio is likely to grow to 3.78, though Price To Operating Cash Flows Ratio is likely to grow to (66.74). Please specify PAR Technology's target price for which you would like PAR Technology odds to be computed.

PAR Technology Target Price Odds to finish over 54.47

The tendency of PAR Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 54.47  or more in 90 days
 45.08 90 days 54.47 
near 1
Based on a normal probability distribution, the odds of PAR Technology to move over $ 54.47  or more in 90 days from now is near 1 (This PAR Technology probability density function shows the probability of PAR Stock to fall within a particular range of prices over 90 days) . Probability of PAR Technology price to stay between its current price of $ 45.08  and $ 54.47  at the end of the 90-day period is about 36.22 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.68 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, PAR Technology will likely underperform. Additionally PAR Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   PAR Technology Price Density   
       Price  

Predictive Modules for PAR Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PAR Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PAR Technology'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.
Hype
Prediction
LowEstimatedHigh
41.9844.7147.44
Details
Intrinsic
Valuation
LowRealHigh
42.5245.2547.98
Details
10 Analysts
Consensus
LowTargetHigh
41.7345.8650.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.34-0.3-0.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PAR Technology. Your research has to be compared to or analyzed against PAR Technology's peers to derive any actionable benefits. When done correctly, PAR Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PAR Technology.

PAR Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. PAR Technology is not an exception. The market had few large corrections towards the PAR Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold PAR Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PAR Technology within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.28
β
Beta against NYSE Composite2.68
σ
Overall volatility
2.61
Ir
Information ratio -0.03

PAR Technology Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of PAR Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PAR Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company reported the last year's revenue of 415.82 M. Reported Net Loss for the year was (69.75 M) with profit before taxes, overhead, and interest of 89.29 M.
PAR Technology has about 77.53 M in cash with (17.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.75.
Over 95.0% of the company shares are owned by institutional investors
Latest headline from businesswire.com: PAR Technologys Punchh Selected as Loyalty Platform Provider for Wendys

PAR Technology Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of PAR Stock often depends not only on the future outlook of the current and potential PAR Technology'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. PAR Technology's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding27.6 M
Cash And Short Term Investments74.6 M

PAR Technology Technical Analysis

PAR Technology's future price can be derived by breaking down and analyzing its technical indicators over time. PAR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PAR Technology. In general, you should focus on analyzing PAR Stock price patterns and their correlations with different microeconomic environments and drivers.

PAR Technology Predictive Forecast Models

PAR Technology's time-series forecasting models is one of many PAR Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary PAR Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about PAR Technology

Checking the ongoing alerts about PAR Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PAR Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company reported the last year's revenue of 415.82 M. Reported Net Loss for the year was (69.75 M) with profit before taxes, overhead, and interest of 89.29 M.
PAR Technology has about 77.53 M in cash with (17.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.75.
Over 95.0% of the company shares are owned by institutional investors
Latest headline from businesswire.com: PAR Technologys Punchh Selected as Loyalty Platform Provider for Wendys
When determining whether PAR Technology is a strong investment it is important to analyze PAR Technology'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 PAR Technology's future performance. For an informed investment choice regarding PAR Stock, refer to the following important reports:
Check out PAR Technology Backtesting, PAR Technology Valuation, PAR Technology Correlation, PAR Technology Hype Analysis, PAR Technology Volatility, PAR Technology History as well as PAR Technology Performance.
To learn how to invest in PAR Stock, please use our How to Invest in PAR Technology guide.
Note that the PAR Technology information on this page should be used as a complementary analysis to other PAR Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for PAR Stock analysis

When running PAR Technology's price analysis, check to measure PAR Technology'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 PAR Technology is operating at the current time. Most of PAR Technology's value examination focuses on studying past and present price action to predict the probability of PAR Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAR Technology's price. Additionally, you may evaluate how the addition of PAR Technology to your portfolios can decrease your overall portfolio volatility.
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Is PAR Technology'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 PAR Technology. If investors know PAR 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 PAR Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.53)
Revenue Per Share
15.092
Quarterly Revenue Growth
0.103
Return On Assets
(0.05)
Return On Equity
(0.20)
The market value of PAR Technology is measured differently than its book value, which is the value of PAR that is recorded on the company's balance sheet. Investors also form their own opinion of PAR Technology's value that differs from its market value or its book value, called intrinsic value, which is PAR Technology'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 PAR Technology's market value can be influenced by many factors that don't directly affect PAR Technology'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 PAR Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if PAR Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PAR Technology'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.