Parsons Corp Stock Alpha and Beta Analysis
| PSN Stock | USD 95.86 0.47 0.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Parsons Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Parsons Corp over a specified time horizon. Remember, high Parsons Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Parsons Corp's market risk premium analysis include:
Beta 0.85 | Alpha (0.07) | Risk 2.04 | Sharpe Ratio 0.0136 | Expected Return 0.0276 |
Parsons Corp Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Parsons |
Parsons Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Parsons Corp market risk premium is the additional return an investor will receive from holding Parsons Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parsons Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Parsons Corp's performance over market.| α | -0.07 | β | 0.85 |
Parsons Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Parsons Corp's Buy-and-hold return. Our buy-and-hold chart shows how Parsons Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Parsons Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Parsons Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parsons Corp shares will generate the highest return on investment. By understating and applying Parsons Corp stock market price indicators, traders can identify Parsons Corp position entry and exit signals to maximize returns.
Parsons Corp Return and Market Media
The median price of Parsons Corp for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 103.68 with a coefficient of variation of 5.97. The daily time series for the period is distributed with a sample standard deviation of 6.12, arithmetic mean of 102.46, and mean deviation of 5.42. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | An Intrinsic Calculation For Parsons Corporation Suggests Its 23 percent Undervalued | 09/05/2024 |
2 | Acquisition by Darren McDew of 3855 shares of Parsons Corp subject to Rule 16b-3 | 09/06/2024 |
3 | Acquisition by David Wajsgras of 326 shares of Parsons Corp subject to Rule 16b-3 | 10/01/2024 |
4 | Are You Looking for a Top Momentum Pick Why Parsons is a Great Choice | 10/03/2024 |
5 | Parsons Awarded 27 Million Defense Threat Reduction Agency Task Order for Proliferation Prevention | 10/24/2024 |
6 | Parsons Corporation Hits Fresh High Is There Still Room to Run | 10/31/2024 |
7 | Parsons Named Government Contractor of the Year | 11/08/2024 |
8 | Parsons Launches New Version of DERMS, Enhancing Grid Reliability and Resiliency | 11/12/2024 |
9 | Parsons Corp Shares Gap Down to 104.8 on Nov 14 | 11/14/2024 |
10 | Parsons Loses -9.8 percent in 4 Weeks, Heres Why a Trend Reversal May be Around the Corner | 11/18/2024 |
11 | Kicking Horse Canyon Wins Global Best Project of the Year Award | 11/19/2024 |
12 | Is Parsons Corporations Recent Price Movement Underpinned By Its Weak Fundamentals | 11/21/2024 |
13 | Rising Operational Efficiency Aids RSG Stock, Liquidity Ails | 11/25/2024 |
About Parsons Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Parsons or other stocks. Alpha measures the amount that position in Parsons Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0123 | 0.011 | Price To Sales Ratio | 1.21 | 0.74 |
Parsons Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Parsons Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Parsons Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Parsons Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Parsons Corp. Please utilize our Beneish M Score to check the likelihood of Parsons Corp's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Parsons Corp
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Check out Parsons Corp Backtesting, Parsons Corp Valuation, Parsons Corp Correlation, Parsons Corp Hype Analysis, Parsons Corp Volatility, Parsons Corp History and analyze Parsons Corp Performance. To learn how to invest in Parsons Stock, please use our How to Invest in Parsons Corp guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.