Par Technology Stock Alpha and Beta Analysis

PAR
 Stock
  

USD 24.37  1.97  8.79%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Par Technology Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Par Technology over a specified time horizon. Remember, high Par Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Par Technology Backtesting, Par Technology Valuation, Par Technology Correlation, Par Technology Hype Analysis, Par Technology Volatility, Par Technology History and analyze Par Technology Performance.
  
Please note that although Par Technology alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Par Technology did 0.77  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Par Technology Corp stock's relative risk over its benchmark. Par Technology Corp has a beta of 1.75  . 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.
Par Technology Book Value per Share is relatively stable at the moment as compared to the past year. Par Technology reported last year Book Value per Share of 4.04. As of 11/30/2022, Price to Book Value is likely to grow to 8.56, while Enterprise Value over EBITDA is likely to drop (64.93) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

643.59 Million

Par Technology Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Par Technology market risk premium is the additional return an investor will receive from holding Par Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Par Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Par Technology's performance over market.
α-0.77   β1.75
90 days against DJI

Par Technology expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Par Technology's Buy-and-hold return. Our buy-and-hold chart shows how Par Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Par Technology Market Price Analysis

Market price analysis indicators help investors to evaluate how Par Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Par Technology shares will generate the highest return on investment. By understating and applying Par Technology stock market price indicators, traders can identify Par Technology position entry and exit signals to maximize returns.

Par Technology Return and Market Media

The median price of Par Technology for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 29.0 with a coefficient of variation of 12.98. The daily time series for the period is distributed with a sample standard deviation of 3.78, arithmetic mean of 29.15, and mean deviation of 2.99. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
PAR Technology Corporation to Participate at Goldman Sachs C...09/08/2022
2
Andrea Electronics Provides Noise Cancelling Microphone Solu...09/19/2022
3
EPS Estimate09/30/2022
4
Payment of 7041 shares by Savneet Singh of Par Technology su...10/03/2022
5
Cathie Wood Stock Portfolio 7 Newest Stock Picks This Year -...10/20/2022
6
Powerbridge Technologies Reports Financial Results and Busin...11/04/2022
7
EPS Reported11/09/2022
8
PAR Technology Co. Given Average Rating of Hold by Brokerage...11/18/2022
9
DURECT Announces 1-for-10 Reverse Stock Split - PR Newswire11/28/2022

About Par Technology Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Par Technology or other stocks. Alpha measures the amount that position in Par Technology Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Long Term Debt to Equity0.610.66
Interest Coverage19.3717.02

Par Technology Upcoming Company Events

As portrayed in its financial statements, the presentation of Par Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Par Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Par Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Par Technology. Please utilize our Beneish M Score to check the likelihood of Par Technology's management manipulating its earnings.
Upcoming Quarterly Report21st of March 2022
Next Financial Report9th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End21st of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Par Technology

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Par Technology Backtesting, Par Technology Valuation, Par Technology Correlation, Par Technology Hype Analysis, Par Technology Volatility, Par Technology History and analyze Par Technology Performance. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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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.
A focus of Par Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Par Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...