Par Technology Stock Performance

PAR -  USA Stock  

USD 61.05  1.71  2.72%

The company holds a Beta of 1.6225, which implies a somewhat significant risk relative to the market. Let's try to break down what Par Technology's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Par Technology will likely underperform. Even though it is essential to pay attention to Par Technology Corp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Par Technology Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Par Technology Corp has an expected return of -0.42%. Please be advised to check Par Technology Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Par Technology Corp performance from the past will be repeated at some point in the near future.

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 Par Technology Performance
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Over the last 90 days Par Technology Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with sluggish performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in August 2021. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more

Par Technology Price Channel

Quick Ratio4.69
Fifty Two Week Low29.54
Target High Price114.00
Fifty Two Week High90.35
Target Low Price90.00

Par Technology Relative Risk vs. Return Landscape

If you would invest  8,228  in Par Technology Corp on May 1, 2021 and sell it today you would lose (2,123)  from holding Par Technology Corp or give up 25.8% of portfolio value over 90 days. Par Technology Corp is generating negative expected returns assuming volatility of 3.2251% on return distribution over 90 days investment horizon. In other words, 27% of stocks are less volatile than Par Technology, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Par Technology is expected to under-perform the market. In addition to that, the company is 4.36 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

Par Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Par Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Par Technology Corp, and traders can use it to determine the average amount a Par Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1305

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Negative ReturnsPAR
Estimated Market Risk
 3.23
  actual daily
 
 27 %
of total potential
 
2727
Expected Return
 -0.42
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 0 %
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Risk-Adjusted Return
 -0.13
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Based on monthly moving average Par Technology is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Par Technology by adding it to a well-diversified portfolio.

About Par Technology Performance

To evaluate Par Technology Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Par Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Par Technology Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Par Technology Corp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Par Technology's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
PAR Technology Corporation, together with its subsidiaries, provides point-of-sale solutions to the restaurant and retail industries worldwide. The company was founded in 1968 and is headquartered in New Hartford, New York. Par Technology operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 1008 people.

Things to note about Par Technology Corp

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 Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Par Technology Alerts

Equity Alerts and Improvement Suggestions

Par Technology Corp generates negative expected return over the last 90 days
Par Technology Corp has high historical volatility and very poor performance
The company reported the last year's revenue of 213.52 M. Reported Net Loss for the year was (33.92 M) with profit before taxes, overhead, and interest of 39.33 M.
Par Technology Corp has about 173.12 M in cash with (8.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.67.
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.globenewswire.com: Clover Health Investments, Corp. Announces Redemption of All Outstanding Warrants - GlobeNewswire
Please check Your Equity Center. Note that the Par Technology Corp 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Par Technology Stock analysis

When running Par Technology Corp 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 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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The market value of Par Technology Corp is measured differently than its book value, which is the value of Par Technology 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 Corp underlying business (such as 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 Par Technology value 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.