Parker Hannifin Stock Price on July 5, 2024

PH Stock  USD 652.57  6.92  1.07%   
Below is the normalized historical share price chart for Parker Hannifin extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Parker Hannifin stands at 652.57, as last reported on the 26th of December, with the highest price reaching 652.74 and the lowest price hitting 640.93 during the day.
IPO Date
1st of July 1985
200 Day MA
584.7012
50 Day MA
669.7414
Beta
1.432
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Parker Stock, it is important to understand the factors that can impact its price. Parker Hannifin is very steady at the moment. Parker Hannifin maintains Sharpe Ratio (i.e., Efficiency) of 0.0426, which implies the firm had a 0.0426% return per unit of risk over the last 3 months. We have found thirty technical indicators for Parker Hannifin, which you can use to evaluate the volatility of the company. Please check Parker Hannifin's Coefficient Of Variation of 1560.88, risk adjusted performance of 0.0558, and Semi Deviation of 0.9651 to confirm if the risk estimate we provide is consistent with the expected return of 0.0632%.
  
As of now, Parker Hannifin's Total Stockholder Equity is increasing as compared to previous years. The Parker Hannifin's current Liabilities And Stockholders Equity is estimated to increase to about 30.8 B, while Common Stock Shares Outstanding is projected to decrease to under 126.3 M. . The Parker Hannifin's current Price To Sales Ratio is estimated to increase to 3.39. The Parker Hannifin's current Price Earnings Ratio is estimated to increase to 23.02. Parker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0426

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Estimated Market Risk

 1.48
  actual daily
13
87% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Parker Hannifin is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Parker Hannifin by adding it to a well-diversified portfolio.
Price Book
6.4466
Enterprise Value Ebitda
18.4003
Price Sales
4.2029
Shares Float
127.9 M
Dividend Share
6.22

Parker Hannifin Main Headline on 5th of July 2024

Filed transaction by Parker Hannifin Officer Vp President-fluid Conn.. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Parker Hannifin Valuation on July 5, 2024

It is possible to determine the worth of Parker Hannifin on a given historical date. On July 5, 2024 Parker was worth 508.87 at the beginning of the trading date compared to the closed value of 502.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parker Hannifin stock. Still, in general, we apply an absolute valuation method to find Parker Hannifin'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 Parker Hannifin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parker Hannifin's related companies.
 Open High Low Close Volume
  508.71    513.51    506.57    510.10    439,124  
07/05/2024
  508.87    509.49    498.15    502.91    548,772  
  505.11    507.18    502.96    506.17    434,374  
Backtest Parker Hannifin  |  Parker Hannifin History  |  Parker Hannifin Valuation   PreviousNext  
Open Value
508.87
504.42
Downside
502.91
Closing Value
513.32
Upside

Parker Hannifin Trading Date Momentum on July 5, 2024

On July 08 2024 Parker Hannifin was traded for  506.17  at the closing time. The highest price during the trading period was 507.18  and the lowest recorded bid was listed for  502.96 . The volume for the day was 434.4 K. This history from July 8, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.65% . The trading delta at closing time to the current price is 6.86% .

Parker Hannifin Fundamentals Correlations and Trends

By evaluating Parker Hannifin'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 Parker Hannifin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parker financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Parker Hannifin Stock history

Parker Hannifin 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 Parker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parker Hannifin 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 Parker Hannifin stock prices may prove useful in developing a viable investing in Parker Hannifin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding130.2 M126.3 M
Net Income Applicable To Common Shares2.4 B2.5 B

Parker Hannifin Stock Technical Analysis

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

Parker Hannifin Period Price Range

Low
December 26, 2024
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High

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Parker Hannifin cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Parker Hannifin December 26, 2024 Market Strength

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

Parker Hannifin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parker Hannifin's price direction in advance. Along with the technical and fundamental analysis of Parker Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parker 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 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.

Complementary Tools for Parker Stock analysis

When running Parker Hannifin's price analysis, check to measure Parker Hannifin'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 Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.
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