Packaging Corp Of Stock Technical Analysis
| PKG Stock | USD 247.03 1.00 0.40% |
As of the 28th of November, Packaging Corp holds the Coefficient Of Variation of 387.31, risk adjusted performance of 0.2012, and Semi Deviation of 0.3332. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Packaging Corp, as well as the relationship between them. Please check Packaging Corp treynor ratio, and the relationship between the standard deviation and downside variance to decide if Packaging Corp is priced some-what accurately, providing market reflects its current price of 247.03 per share. Given that Packaging Corp has jensen alpha of 0.2078, we recommend you to check out Packaging Corp's recent market performance to make sure the company can sustain itself at a future point.
Packaging Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Packaging, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PackagingPackaging |
Packaging Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 153.83 | Buy | 10 | Odds |
Most Packaging analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Packaging stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Packaging Corp, talking to its executives and customers, or listening to Packaging conference calls.
Packaging 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.
Packaging Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Packaging Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Packaging Corp Trend Analysis
Use this graph to draw trend lines for Packaging Corp of. You can use it to identify possible trend reversals for Packaging Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Packaging Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Packaging Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Packaging Corp of applied against its price change over selected period. The best fit line has a slop of 0.73 , which may imply that Packaging Corp of will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 20028.16, which is the sum of squared deviations for the predicted Packaging Corp price change compared to its average price change.About Packaging Corp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Packaging Corp of on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Packaging Corp of based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Packaging Corp price pattern first instead of the macroeconomic environment surrounding Packaging Corp. By analyzing Packaging Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Packaging Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Packaging Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0296 | 0.0356 | 0.0305 | 0.0354 | Price To Sales Ratio | 1.66 | 1.39 | 1.88 | 1.0 |
Packaging Corp November 28, 2024 Technical Indicators
Most technical analysis of Packaging help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Packaging from various momentum indicators to cycle indicators. When you analyze Packaging charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2012 | |||
| Market Risk Adjusted Performance | 0.4201 | |||
| Mean Deviation | 0.7812 | |||
| Semi Deviation | 0.3332 | |||
| Downside Deviation | 0.7597 | |||
| Coefficient Of Variation | 387.31 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 | |||
| Information Ratio | 0.15 | |||
| Jensen Alpha | 0.2078 | |||
| Total Risk Alpha | 0.1147 | |||
| Sortino Ratio | 0.2288 | |||
| Treynor Ratio | 0.4101 | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 2.43 | |||
| Downside Variance | 0.5771 | |||
| Semi Variance | 0.111 | |||
| Expected Short fall | (0.95) | |||
| Skewness | 1.92 | |||
| Kurtosis | 6.42 |
Complementary Tools for Packaging Stock analysis
When running Packaging Corp's price analysis, check to measure Packaging 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 Packaging Corp is operating at the current time. Most of Packaging Corp's value examination focuses on studying past and present price action to predict the probability of Packaging Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packaging Corp's price. Additionally, you may evaluate how the addition of Packaging Corp to your portfolios can decrease your overall portfolio volatility.
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