Park National Stock Technical Analysis

PRK Stock  USD 137.49  0.00  0.00%   
As of the 25th of April, Park National holds the Semi Deviation of 2.1, coefficient of variation of 2102.19, and Risk Adjusted Performance of 0.0364. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Park National, 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 interpolate data for nineteen technical drivers for Park National, which can be compared to its competitors. Please check Park National information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Park National is priced some-what accurately, providing market reflects its current price of 137.49 per share. Given that Park National has jensen alpha of (0.08), we recommend you to check out Park National's recent market performance to make sure the company can sustain itself at a future point.

Park National Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Park, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Park
  
Park National's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Park National Analyst Consensus

Target PriceAdvice# of Analysts
111.5Hold3Odds
Park National current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Park analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Park stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Park National, talking to its executives and customers, or listening to Park conference calls.
Park Analyst Advice Details
Park National 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 Park National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Park National 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...

Park National Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Park National volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Park National Trend Analysis

Use this graph to draw trend lines for Park National. You can use it to identify possible trend reversals for Park National as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Park National price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Park National Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Park National applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Park National will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3.89, which is the sum of squared deviations for the predicted Park National price change compared to its average price change.

About Park National Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Park National on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Park National based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Park National price pattern first instead of the macroeconomic environment surrounding Park National. By analyzing Park National's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Park National's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Park National specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03320.03350.03210.0298
Price To Sales Ratio4.864.733.745.1

Park National April 25, 2024 Technical Indicators

Most technical analysis of Park help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Park from various momentum indicators to cycle indicators. When you analyze Park charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Park National is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park National Stock. Highlighted below are key reports to facilitate an investment decision about Park National Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Park Stock please use our How to buy in Park Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Park Stock analysis

When running Park National's price analysis, check to measure Park National'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 Park National is operating at the current time. Most of Park National's value examination focuses on studying past and present price action to predict the probability of Park National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park National's price. Additionally, you may evaluate how the addition of Park National to your portfolios can decrease your overall portfolio volatility.
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Is Park National'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 Park National. If investors know Park 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 Park National 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
0.048
Dividend Share
4.21
Earnings Share
7.9
Revenue Per Share
28.892
Quarterly Revenue Growth
0.028
The market value of Park National is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park National's value that differs from its market value or its book value, called intrinsic value, which is Park National'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 Park National's market value can be influenced by many factors that don't directly affect Park National'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 Park National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park National'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.