Parts Stock Price on May 10, 2022 Breakdown

ID
 Stock
  

USD 1.75  0.05  2.78%   

As of today, the current price of Parts ID is  1.75 , as last reported on the 16th of August 2022, with the highest price reaching  1.82  and the lowest price hitting  1.75  during the day.
Parts ID appears to be abnormally volatile, given 3 months investment horizon. Parts ID maintains Sharpe Ratio (i.e., Efficiency) of 0.0948, which implies the firm had 0.0948% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Parts ID technical indicators you can presently evaluate if the expected return of 0.91% is justified by implied risk. Please evaluate Parts ID's Semi Deviation of 7.59, coefficient of variation of 1557.04, and Risk Adjusted Performance of 0.0887 to confirm if our risk estimates are consistent with your expectations.
  
As of August 16, 2022, Net Income Common Stock is expected to decline to about (8.2 M). As of August 16, 2022, Price to Book Value is expected to decline to -6.06. In addition to that, Price to Earnings Ratio is expected to decline to -10.97. Parts Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
6.3 M
Shares Outstanding
34.1 M
Shares Short Prior Month
35.7 K
Earnings Share
-0.34
Shares Short
27.1 K
Revenue Per Share
12.13

Related Headline

Chevron Corp Headline on 10th of May 2022

Filed transaction by Chevron Corp officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Parts ID Valuation on May 10, 2022

It is possible to determine the worth of Parts ID on a given historical date. On May 10, 2022 Parts was worth 1.81 at the beginning of the trading date compared to the closed value of 1.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parts ID stock. Still, in general, we apply an absolute valuation method to find Parts ID's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parts ID's related companies.
 Open High Low Close Volume
  1.85    1.95    1.82    1.94    12,400  
05/10/2022
  1.81    1.95    1.75    1.75    15,200  
  1.71    1.71    1.43    1.59    78,300  
Backtest Parts ID  |  Parts ID History  |  Parts ID Valuation   PreviousNext  
Open Value 1.81
0.0175
Downside
1.75
Closing Value
30.60
Upside

Parts ID Trading Date Momentum on May 10, 2022

On May 11 2022 Parts ID was traded for  1.59  at the closing time. The highest price during the trading period was 1.71  and the lowest recorded bid was listed for  1.43 . The volume for the day was 78.3 K. This history from May 11, 2022 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 9.14% . The trading delta at closing time to the current price is 17.14% .

Parts ID Fundamentals Correlations and Trends

By evaluating Parts ID's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parts ID's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parts financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Parts ID Stock history

Parts ID investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Parts is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parts ID will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Parts ID historical stock prices may prove useful in developing a viable investing in Parts ID
Last ReportedProjected for 2022
Weighted Average Shares33.2 M30.9 M
Weighted Average Shares Diluted33.2 M30.9 M
Issuance Purchase of Equity Shares277.4 M275.8 M
PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. The company was founded in 2008 and is based in Cranbury, New Jersey. Parts ID operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 108 people.

Parts ID Quarterly Market Capitalization

52.65 Million

Parts ID Stock Technical Analysis

Parts ID 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 Parts ID technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parts ID 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...

Price Boundaries

Parts ID Period Price Range

Low
May 10, 2022
High

 1.81 

  

 1.75 

-0.06-3.31%

Parts ID August 16, 2022 Market Strength

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

Parts ID Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parts stock's direction in advance. Along with the technical and fundamental analysis of Parts Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parts to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please see Risk vs Return Analysis. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Parts ID price analysis, check to measure Parts ID'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 Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
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Is Parts ID'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 Parts ID. If investors know Parts 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 Parts ID 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 YOY
-0.78
Market Capitalization
61.3 M
Quarterly Revenue Growth YOY
-0.2
Return On Assets
-0.2
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID'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 Parts ID's market value can be influenced by many factors that don't directly affect Parts ID'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 Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID'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.