If the number in front of x squared is a number greater than 1, the parabola will start becoming thinner. The opposite occurs when the number is a fraction.
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When you look at the parabola if it opens downwards then the parabola has a maximum value (because it is the highest point on the graph) if it opens upward then the parabola has a minimum value (because it's the lowest possible point on the graph)
A parabola is NOT a point, it is the whole curve.
If you know the equation, you just plug in x = 0 and solve.
The line of symmetry located on a parabola is right down the center. A parabola is a U shape. Depending on the direction of the parabola it either has a x axis of symmetry or y axis of symmetry. You should have two equal sides of the parabola.
To find the value of a in a parabola opening up or down subtract the y-value of the parabola at the vertex from the y-value of the point on the parabola that is one unit to the right of the vertex.