Park City Stock Market Value

PCYG
 Stock
  

USD 4.40  0.29  6.18%   

Park City's market value is the price at which a share of Park City stock trades on a public exchange. It measures the collective expectations of Park City Group investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Park City Group and determine expected loss or profit from investing in Park City over a given investment horizon. Please check Park City Hype Analysis, Park City Correlation, Park City Valuation, Park City Volatility, as well as analyze Park City Alpha and Beta and Park City Performance.
Symbol
Backtest


Is Park City'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 City. If investors know Park City 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 City 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
0.65
Market Capitalization
81.8 M
Quarterly Revenue Growth YOY
-0.24
Return On Assets
0.0526
Return On Equity
0.0929
The market value of Park City Group is measured differently than its book value, which is the value of Park City that is recorded on the company's balance sheet. Investors also form their own opinion of Park City's value that differs from its market value or its book value, called intrinsic value, which is Park City'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 City's market value can be influenced by many factors that don't directly affect Park City'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 City's value and its price as these two are different measures arrived at by different means. Investors typically determine Park City value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park City'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.

Park City '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 Park City'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 Park City.
0.00
05/02/2022
No Change 0.00  0.0 
In 2 months and 1 day
07/01/2022
0.00
If you would invest  0.00  in Park City on May 2, 2022 and sell it all today you would earn a total of 0.00 from holding Park City Group or generate 0.0% return on investment in Park City over 60 days. Park City is related to or competes with Salesforce, and Exxon. Park City Group, Inc., a software-as-a-service provider, designs, develops, and markets proprietary software products in...More

Park City 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 Park City'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 Park City Group upside and downside potential and time the market with a certain degree of confidence.

Park City Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Park City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Park City's standard deviation. In reality, there are many statistical measures that can use Park City historical prices to predict the future Park City's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Park City'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. Please use the tools below to analyze the current value of Park City in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.744.388.02
Details
Intrinsic
Valuation
LowReal ValueHigh
1.715.358.99
Details
Naive
Forecast
LowNext ValueHigh
1.144.788.42
Details
1 Analysts
Consensus
LowTarget PriceHigh
9.009.009.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Park City. Your research has to be compared to or analyzed against Park City's peers to derive any actionable benefits. When done correctly, Park City's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Park City Group.

Park City Group Backtested Returns

Park City Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0744, which implies the firm had -0.0744% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Park City Group exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Park City Group coefficient of variation of (1,362), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
The company holds a Beta of 0.6338, which implies possible diversification benefits within a given portfolio. Let's try to break down what Park City's beta means in this case. As returns on the market increase, Park City returns are expected to increase less than the market. However, during the bear market, the loss on holding Park City will be expected to be smaller as well. Even though it is essential to pay attention to Park City Group 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. Park City Group exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Park City Group has an expected return of -0.27%. Please be advised to check Park City Group potential upside, as well as the relationship between the kurtosis and day typical price to decide if Park City Group performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Park City Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Park City time series from 2nd of May 2022 to 1st of June 2022 and 1st of June 2022 to 1st of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Park City Group price movement. The serial correlation of -0.72 indicates that around 72.0% of current Park City price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.64
Residual Average0.0
Price Variance0.06

Park City Group lagged returns against current returns

Autocorrelation, which is Park City 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 Park City's stock expected returns. We can calculate the autocorrelation of Park City returns to help us make a trade decision. For example, suppose you find that Park City stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Park City 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 Park City stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Park City stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Park City stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Park City Lagged Returns

When evaluating Park City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Park City stock have on its future price. Park City 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, Park City autocorrelation shows the relationship between Park City stock current value and its past values and can show if there is a momentum factor associated with investing in Park City Group.
 Regressed Prices 
Share
      Timeline 

Park City Investors Sentiment

The influence of Park City's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Park City. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Park City Implied Volatility

    
  266.09  
Park City's implied volatility exposes the market's sentiment of Park City Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Park City's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Park City stock will not fluctuate a lot when Park City's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Park City in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Park City's short interest history, or implied volatility extrapolated from Park City options trading.

Current Sentiment - PCYG

Park City Group Investor Sentiment

Most of Macroaxis users are at this time bullish on Park City Group. What is your perspective on investing in Park City Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Please check Park City Hype Analysis, Park City Correlation, Park City Valuation, Park City Volatility, as well as analyze Park City Alpha and Beta and Park City Performance. Note that the Park City Group information on this page should be used as a complementary analysis to other Park City'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Park City Stock analysis

When running Park City Group price analysis, check to measure Park City'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 City is operating at the current time. Most of Park City's value examination focuses on studying past and present price action to predict the probability of Park City's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Park City's price. Additionally, you may evaluate how the addition of Park City to your portfolios can decrease your overall portfolio volatility.
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Park City 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 City technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Park City 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...