Park Electrochemical Story

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PKE -- USA Stock  

USD 11.09  0.15  1.33%

As many millenniums are trying to avoid industrials space, it makes sense to digest Park Electrochemical Corporation a little further and try to understand its current market patterns. As expected, Park Electrochemical is starting to reaffirm its true potential as shareholders are becoming more and more confident in the future outlook. The returns on the market and returns on Park Electrochemical appear slightly-related for the last few months. The appearance of sound basic indicators of the firm indicates a shorter-term price swing for shareholders of Park Electrochemical. Park Electrochemical is scheduled to announce its earnings tomorrow.
Published over two weeks ago
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Should you buy Park Electrochemical (NYSE:PKE) based on latest technical indicators?
Park Electrochemical's average rating is Buy from 2 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Park Electrochemical market sentiment investors' perception of the future value of Park Electrochemical. Let us look at a few aspects of Park Electrochemical technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Park Electrochemical Corporation. In general, we focus on analyzing Park Electrochemical stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Park Electrochemical's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Park Electrochemical's intrinsic value. In addition to deriving basic predictive indicators for Park Electrochemical, we also check how macroeconomic factors affect Park Electrochemical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Park Electrochemical Stands against Peers?

Analyzing Park Electrochemical competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Park Electrochemical across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Park Electrochemical Competition Details

How Park Electrochemical utilizes its cash?

To perform a cash flow analysis of Park Electrochemical, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Park Electrochemical is receiving and how much cash it distributes out in a given period. The Park Electrochemical cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Park Electrochemical Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 5.22 Million

Closer look at Park Electrochemical Standard Deviation

Park Electrochemical Corporation has current Standard Deviation of 1.87. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.

Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.

Standard Deviation 
SQRT = Square root notation
V =   Variance of Park Electrochemical returns
Let's now compare Park Electrochemical Standard Deviation to its closest peers:

Our perspective of the latest Park Electrochemical surge

The maximum drawdown is down to 10.38 as of today. As of the 7th of October, Park Electrochemical holds the Coefficient Of Variation of 4149.96, risk adjusted performance of 0.0293, and Semi Deviation of 1.79. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Park Electrochemical, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Park Electrochemical, which can be compared to its competitors. Please check Park Electrochemical information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Park Electrochemical is priced some-what accurately, providing market reflects its current price of 11.26 per share. Given that Park Electrochemical has jensen alpha of 0.0136, we recommend you to check out Park Electrochemical's recent market performance to make sure the company can sustain itself at a future point.

Our Bottom Line On Park Electrochemical

Although many other companies within the aerospace & defense industry are still a little expensive, even after the recent corrections, Park Electrochemical may offer a potential longer-term growth to shareholders. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither pick up new shares of Park Electrochemical nor exit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Park Electrochemical.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Park Electrochemical Corporation. Please refer to our Terms of Use for any information regarding our disclosure principles.

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