Paccar Inc Stock Price Prediction
| PCAR Stock | USD 113.32 0.74 0.66% |
Oversold Vs Overbought
51
Oversold | Overbought |
PACCAR Inc stock price prediction is an act of determining the future value of PACCAR shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of PACCAR'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 PACCAR and does not consider all of the tangible or intangible factors available from PACCAR's fundamental data. We analyze noise-free headlines and recent hype associated with PACCAR Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting PACCAR's stock price prediction:Quarterly Earnings Growth 0.528 | EPS Estimate Next Quarter 2.1 | EPS Estimate Current Year 8.12 | EPS Estimate Next Year 8.58 | Wall Street Target Price 117.83 |
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 PACCAR based on different types of headlines from major news networks to social media. The PACCAR stock price prediction module provides an analysis of price elasticity to changes in media outlook on PACCAR over a specific investment horizon. Using PACCAR hype-based prediction, you can estimate the value of PACCAR Inc from the perspective of PACCAR response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards PACCAR using PACCAR's stock options and short interest. It helps to benchmark the overall future attitude of investors towards PACCAR using crowd psychology based on the activity and movement of PACCAR's stock price.
PACCAR Short Interest
A significant increase or decrease in PACCAR's short interest from the previous month could be a good indicator of investor sentiment towards PACCAR. Short interest can provide insight into the potential direction of PACCAR stock and how bullish or bearish investors feel about the market overall. An investor who is long PACCAR may also wish to track short interest. As short interest increases, investors should be becoming more worried about PACCAR and may potentially protect profits, hedge PACCAR with its derivative instruments, or be ready for some potential downside.
200 Day MA 96.0851 | Short Percent 0.0175 | Short Ratio 3.26 | Shares Short Prior Month 6.9 M | 50 Day MA 115.7058 |
PACCAR Inc Hype to Price Pattern
Investor biases related to PACCAR's public news can be used to forecast risks associated with an investment in PACCAR. The trend in average sentiment can be used to explain how an investor holding PACCAR can time the market purely based on public headlines and social activities around PACCAR Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of PACCAR's market sentiment to its price can help taders to make decisions based on the overall investors consensus about PACCAR.
PACCAR Implied Volatility | 22.1 |
PACCAR's implied volatility exposes the market's sentiment of PACCAR Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PACCAR'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 PACCAR stock will not fluctuate a lot when PACCAR's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in PACCAR. 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 PACCAR to buy its stock at a price that has no basis in reality. In that case, they are not buying PACCAR 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.
PACCAR after-hype prediction price | USD 112.85 |
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.
Prediction based on Rule 16 of the current PACCAR contract
Based on the Rule 16, the options market is currently suggesting that PACCAR Inc will have an average daily up or down price movement of about 1.38% per day over the life of the 2024-05-17 option contract. With PACCAR trading at USD 113.32, that is roughly USD 1.57 . If you think that the market is fully incorporating PACCAR's daily price movement you should consider acquiring PACCAR Inc options at the current volatility level of 22.1%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
PACCAR |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PACCAR'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.
PACCAR After-Hype Price Prediction Density Analysis
As far as predicting the price of PACCAR 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 PACCAR 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 PACCAR, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PACCAR Estimiated After-Hype Price Volatility
In the context of predicting PACCAR's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PACCAR's historical news coverage. PACCAR's after-hype downside and upside margins for the prediction period are 111.74 and 113.96, respectively. We have considered PACCAR'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
PACCAR is very steady at this time. Analysis and calculation of next after-hype price of PACCAR Inc is based on 3 months time horizon.
PACCAR Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PACCAR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PACCAR 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 PACCAR, 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 |
0.18 | 1.11 | 0.45 | 0.55 | 11 Events / Month | 4 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
113.32 | 112.85 | 0.41 |
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PACCAR Hype Timeline
PACCAR Inc is at this time traded for 113.32. The entity has historical hype elasticity of -0.45, and average elasticity to hype of competition of -0.55. PACCAR is forecasted to decline in value after the next headline, with the price expected to drop to 112.85. The average volatility of media hype impact on the company price is about 44.76%. The price decrease on the next news is expected to be -0.41%, whereas the daily expected return is at this time at 0.18%. The volatility of related hype on PACCAR is about 36.06%, with the expected price after the next announcement by competition of 112.77. About 69.0% of the company shares are owned by institutional investors. The book value of PACCAR was at this time reported as 30.34. The company has Price/Earnings To Growth (PEG) ratio of 1.18. PACCAR Inc recorded earning per share (EPS) of 8.76. The entity last dividend was issued on the 14th of February 2024. The firm had 3:2 split on the 8th of February 2023. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out PACCAR Basic Forecasting Models to cross-verify your projections.PACCAR Related Hype Analysis
Having access to credible news sources related to PACCAR's direct competition is more important than ever and may enhance your ability to predict PACCAR's future price movements. Getting to know how PACCAR'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 PACCAR may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGCO | AGCO Corporation | (1.42) | 8 per month | 1.51 | (0.02) | 2.11 | (2.61) | 6.27 | |
| CNHI | CNH Industrial NV | 0.14 | 12 per month | 1.81 | (0.04) | 2.73 | (2.55) | 9.24 | |
| DE | Deere Company | (13.98) | 11 per month | 1.40 | (0) | 2.12 | (1.67) | 7.35 | |
| LNN | Lindsay | (0.06) | 5 per month | 0.00 | (0.13) | 2.34 | (2.96) | 8.83 | |
| LEV | Lion Electric Corp | (0.07) | 4 per month | 0.00 | (0.28) | 3.85 | (5.13) | 16.72 |
PACCAR Additional Predictive Modules
Most predictive techniques to examine PACCAR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PACCAR using various technical indicators. When you analyze PACCAR 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 PACCAR Predictive Indicators
The successful prediction of PACCAR 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 PACCAR Inc, 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 PACCAR based on analysis of PACCAR hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PACCAR's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PACCAR's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0231 | 0.0291 | 0.0297 | 0.0377 | Price To Sales Ratio | 1.31 | 1.2 | 1.46 | 1.53 |
Story Coverage note for PACCAR
The number of cover stories for PACCAR depends on current market conditions and PACCAR's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PACCAR 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 PACCAR'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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PACCAR Short Properties
PACCAR's future price predictability will typically decrease when PACCAR's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of PACCAR Inc often depends not only on the future outlook of the potential PACCAR'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. PACCAR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 525 M | |
| Cash And Short Term Investments | 8.7 B |
Check out PACCAR Basic Forecasting Models to cross-verify your projections. Note that the PACCAR Inc information on this page should be used as a complementary analysis to other PACCAR'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for PACCAR Stock analysis
When running PACCAR's price analysis, check to measure PACCAR'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 PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.
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Is PACCAR'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 PACCAR. If investors know PACCAR 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 PACCAR 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 0.528 | Dividend Share 1.04 | Earnings Share 8.76 | Revenue Per Share 67.05 | Quarterly Revenue Growth 0.117 |
The market value of PACCAR Inc is measured differently than its book value, which is the value of PACCAR that is recorded on the company's balance sheet. Investors also form their own opinion of PACCAR's value that differs from its market value or its book value, called intrinsic value, which is PACCAR'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 PACCAR's market value can be influenced by many factors that don't directly affect PACCAR'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 PACCAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if PACCAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PACCAR'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.