Par Technology Stock Market Value
| PAR Stock | USD 42.58 1.48 3.60% |
| Symbol | PAR |
PAR Technology Price To Book Ratio
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.
PAR Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PAR Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PAR Technology.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in PAR Technology on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding PAR Technology or generate 0.0% return on investment in PAR Technology over 720 days. PAR Technology is related to or competes with LSI Industries. PAR Technology Corporation, together with its subsidiaries, provides technology solutions to the restaurant and retail i... More
PAR Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PAR Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PAR Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.07 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 4.87 |
PAR Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PAR Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PAR Technology's standard deviation. In reality, there are many statistical measures that can use PAR Technology historical prices to predict the future PAR Technology's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.71) |
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.
PAR Technology Backtested Returns
PAR Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.0719, which implies the company had a -0.0719% return per unit of standard deviation over the last 3 months. PAR Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PAR Technology's Mean Deviation of 1.97, variance of 6.29, and Market Risk Adjusted Performance of (0.70) to confirm the risk estimate we provide. The firm holds a Beta of 0.0712, which implies not very significant fluctuations relative to the market. As returns on the market increase, PAR Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding PAR Technology is expected to be smaller as well. PAR Technology has an expected return of -0.18%. Please make sure to check PAR Technology maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if PAR Technology performance from the past will be repeated at future time.
Auto-correlation | -0.06 |
Very weak reverse predictability
PAR Technology has very weak reverse predictability. Overlapping area represents the amount of predictability between PAR Technology time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PAR Technology price movement. The serial correlation of -0.06 indicates that barely 6.0% of current PAR Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 25.26 |
PAR Technology lagged returns against current returns
Autocorrelation, which is PAR Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PAR Technology's stock expected returns. We can calculate the autocorrelation of PAR Technology returns to help us make a trade decision. For example, suppose you find that PAR Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
PAR Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PAR Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PAR Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PAR Technology stock over time.
Current vs Lagged Prices |
| Timeline |
PAR Technology Lagged Returns
When evaluating PAR Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PAR Technology stock have on its future price. PAR Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PAR Technology autocorrelation shows the relationship between PAR Technology stock current value and its past values and can show if there is a momentum factor associated with investing in PAR Technology.
Regressed Prices |
| Timeline |
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Check out PAR Technology Correlation, PAR Technology Volatility and PAR Technology Alpha and Beta module to complement your research on PAR Technology. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing 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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PAR Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.