Parsons Stock Market Value

PSN
 Stock
  

USD 40.43  0.04  0.1%   

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


Is Parsons Corp'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 Parsons Corp. If investors know Parsons 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 Parsons Corp 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
1.19
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
0.085
Return On Assets
0.018
Return On Equity
0.0521
The market value of Parsons Corp is measured differently than its book value, which is the value of Parsons that is recorded on the company's balance sheet. Investors also form their own opinion of Parsons Corp's value that differs from its market value or its book value, called intrinsic value, which is Parsons Corp'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 Parsons Corp's market value can be influenced by many factors that don't directly affect Parsons Corp'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 Parsons Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Parsons Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parsons Corp'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.

Parsons Corp '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 Parsons Corp'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 Parsons Corp.
0.00
05/28/2022
No Change 0.00  0.0 
In 31 days
06/27/2022
0.00
If you would invest  0.00  in Parsons Corp on May 28, 2022 and sell it all today you would earn a total of 0.00 from holding Parsons Corp or generate 0.0% return on investment in Parsons Corp over 30 days. Parsons Corp is related to or competes with General Electric, Roper Industries, and Walmart. Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure...More

Parsons Corp 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 Parsons Corp'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 Parsons Corp upside and downside potential and time the market with a certain degree of confidence.

Parsons Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Parsons Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parsons Corp's standard deviation. In reality, there are many statistical measures that can use Parsons Corp historical prices to predict the future Parsons Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Parsons Corp'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 Parsons Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.0440.3742.70
Details
Intrinsic
Valuation
LowReal ValueHigh
39.0741.4043.73
Details
Naive
Forecast
LowNext ValueHigh
38.4440.7643.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.3838.0439.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Parsons Corp. Your research has to be compared to or analyzed against Parsons Corp's peers to derive any actionable benefits. When done correctly, Parsons Corp'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 Parsons Corp.

Parsons Corp Backtested Returns

We consider Parsons Corp very steady. Parsons Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0587, which implies the firm had 0.0587% 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. We have found twenty-eight technical indicators for Parsons Corp, which you can use to evaluate the future volatility of the company. Please check Parsons Corp Semi Deviation of 2.17, coefficient of variation of 2339.43, and Risk Adjusted Performance of 0.0645 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Parsons Corp has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.2125, which implies a somewhat significant risk relative to the market. Let's try to break down what Parsons'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, Parsons Corp will likely underperform. Although it is important to respect Parsons Corp current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Parsons Corp technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future. Parsons Corp right now holds a risk of 2.33%. Please check Parsons Corp potential upside, as well as the relationship between the kurtosis and day typical price to decide if Parsons Corp will be following its historical price patterns.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Parsons Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Parsons Corp time series from 28th of May 2022 to 12th of June 2022 and 12th of June 2022 to 27th of June 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 Parsons Corp price movement. The serial correlation of -0.7 indicates that around 70.0% of current Parsons Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test0.24
Residual Average0.0
Price Variance1.52

Parsons Corp lagged returns against current returns

Autocorrelation, which is Parsons Corp 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 Parsons Corp's stock expected returns. We can calculate the autocorrelation of Parsons Corp returns to help us make a trade decision. For example, suppose you find that Parsons Corp 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 
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      Timeline 

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

Parsons Corp Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parsons Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Parsons Corp Hype Analysis, Parsons Corp Correlation, Parsons Corp Valuation, Parsons Corp Volatility, as well as analyze Parsons Corp Alpha and Beta and Parsons Corp Performance. Note that the Parsons Corp information on this page should be used as a complementary analysis to other Parsons Corp'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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