Packaging Corp Stock Forecast - Day Median Price
| PKG Stock | USD 179.29 0.60 0.33% |
Packaging Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Packaging Corp stock prices and determine the direction of Packaging Corp of's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Packaging Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Packaging Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Packaging Corp's systematic risk associated with finding meaningful patterns of Packaging Corp fundamentals over time.
Check out Historical Fundamental Analysis of Packaging Corp to cross-verify your projections. Packaging |
Open Interest Against 2024-05-17 Packaging Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Packaging Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Packaging Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Packaging Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Packaging Corp's open interest, investors have to compare it to Packaging Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Packaging Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Packaging. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Packaging Corp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Packaging Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Packaging Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 179.3 | 178.34 |
| Check Packaging Corp Volatility | Backtest Packaging Corp | Information Ratio |
Packaging Corp Trading Date Momentum
| On April 22 2024 Packaging Corp of was traded for 179.29 at the closing time. Highest Packaging Corp's price during the trading hours was 180.49 and the lowest price during the day was 176.19 . The net volume was 689.1 K. The overall trading history on the 22nd of April did not cause price change. The trading delta at closing time to current price is 0.20% . |
The median price is the midpoint of the trading periods range.
| Compare Packaging Corp to competition |
Other Forecasting Options for Packaging Corp
For every potential investor in Packaging, whether a beginner or expert, Packaging Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Packaging Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Packaging. Basic forecasting techniques help filter out the noise by identifying Packaging Corp's price trends.Packaging Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Packaging Corp stock to make a market-neutral strategy. Peer analysis of Packaging Corp could also be used in its relative valuation, which is a method of valuing Packaging Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Packaging Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Packaging Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Packaging Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Packaging Corp Market Strength Events
Market strength indicators help investors to evaluate how Packaging Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Packaging Corp shares will generate the highest return on investment. By undertsting and applying Packaging Corp stock market strength indicators, traders can identify Packaging Corp of entry and exit signals to maximize returns.
| Accumulation Distribution | 16418.21 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 178.34 | |||
| Day Typical Price | 178.66 | |||
| Price Action Indicator | 0.65 | |||
| Period Momentum Indicator | (0.60) |
Packaging Corp Risk Indicators
The analysis of Packaging Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Packaging Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting packaging stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8689 | |||
| Semi Deviation | 0.832 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 | |||
| Downside Variance | 0.9684 | |||
| Semi Variance | 0.6922 | |||
| Expected Short fall | (0.96) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Check out Historical Fundamental Analysis of Packaging Corp to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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When running Packaging Corp's price analysis, check to measure Packaging Corp'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 Packaging Corp is operating at the current time. Most of Packaging Corp's value examination focuses on studying past and present price action to predict the probability of Packaging Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packaging Corp's price. Additionally, you may evaluate how the addition of Packaging Corp to your portfolios can decrease your overall portfolio volatility.
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Is Packaging Corp'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 Packaging Corp. If investors know Packaging 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 Packaging Corp 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 (0.09) | Dividend Share 5 | Earnings Share 8.47 | Revenue Per Share 87.569 | Quarterly Revenue Growth (0.02) |
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp'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 Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp'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 Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp'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.