Parker Hannifin
$882.34
-13.6%
Jun 8, 2026
D
WeakThree plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
As of the latest market close, Parker Hannifin (PH) is trading in a moderate correction, 13.6% below its all-time high at $882.34. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
Across all available history, PH has spent enough trading days in the 15%-to-10% drawdown band to build a large sample (1722 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.
For US large-caps, drawdowns of 20-30% are typically driven by macro repricing (rates, earnings, sector rotation). Single-name 50%+ drawdowns are usually structural — the signal alone won't tell you which, but the segments table will show whether prior episodes recovered. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for PH is in the full app, alongside the segment-level win rate.
Five tickers closest to PH's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for PH. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of PH's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and AI-powered interpretation for PH.
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Signal computed Jun 8, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.