Park Ohio Holdings Stock Price on May 31, 2024

PKOH Stock  USD 23.59  0.44  1.83%   
If you're considering investing in Park Stock, it is important to understand the factors that can impact its price. As of today, the current price of Park Ohio stands at 23.59, as last reported on the 11th of January 2025, with the highest price reaching 23.79 and the lowest price hitting 23.04 during the day. Park Ohio Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Park Ohio Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Park Ohio's Risk Adjusted Performance of (0.1), variance of 7.5, and Coefficient Of Variation of (804.80) to confirm the risk estimate we provide.
  
Park Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1243

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Estimated Market Risk

 2.74
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Park Ohio is not performing at its full potential. However, 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 Park Ohio by adding Park Ohio to a well-diversified portfolio.

Related Headline

Kadant Headline on 31st of May 2024

Filed transaction by Kadant Inc Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Park Ohio Valuation on May 31, 2024

It is possible to determine the worth of Park Ohio on a given historical date. On May 31, 2024 Park was worth 26.18 at the beginning of the trading date compared to the closed value of 25.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Park Ohio stock. Still, in general, we apply an absolute valuation method to find Park Ohio'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 Park Ohio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Park Ohio's related companies.
 Open High Low Close Volume
  25.67    25.99    25.34    25.80    32,210  
05/31/2024
  26.18    26.18    25.77    25.94    13,558  
  26.16    26.58    25.24    25.26    15,685  
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Open Value
26.18
25.94
Closing Value
34.40
Upside

Park Ohio Trading Date Momentum on May 31, 2024

On June 03 2024 Park Ohio Holdings was traded for  25.26  at the closing time. The top price for the day was 26.58  and the lowest listed price was  25.24 . The trading volume for the day was 15.7 K. The trading history from June 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.62% . The trading delta at closing time against the current closing price is 8.29% .

Park Ohio Holdings Fundamentals Correlations and Trends

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

About Park Ohio Stock history

Park Ohio 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 Park is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Park Ohio Holdings 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 Park Ohio stock prices may prove useful in developing a viable investing in Park Ohio
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio. Park Ohio operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 6900 people.

Park Ohio Stock Technical Analysis

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

Park Ohio Period Price Range

Low
January 11, 2025
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High

 0.00 

     

 0.00 

Park Ohio Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Park Ohio January 11, 2025 Market Strength

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

Park Ohio Technical and Predictive Indicators

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

When running Park Ohio's price analysis, check to measure Park Ohio'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 Ohio is operating at the current time. Most of Park Ohio's value examination focuses on studying past and present price action to predict the probability of Park Ohio'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 Ohio's price. Additionally, you may evaluate how the addition of Park Ohio to your portfolios can decrease your overall portfolio volatility.
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