Parkland Stock Price on July 6, 2023
| PKIUF Stock | USD 22.73 0.24 1.04% |
If you're considering investing in Parkland Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Parkland stands at 22.73, as last reported on the 23rd of December, with the highest price reaching 22.91 and the lowest price hitting 22.73 during the day. Parkland maintains Sharpe Ratio (i.e., Efficiency) of -0.0927, which implies the firm had a -0.0927% return per unit of risk over the last 3 months. Parkland exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Parkland's Variance of 4.25, coefficient of variation of (1,175), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Parkland Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Parkland |
Sharpe Ratio = -0.0927
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PKIUF |
Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parkland 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 Parkland by adding Parkland to a well-diversified portfolio.
Related Headline
IMedia Brands Headline on 6th of July 2023
Will IMedia Brands turn things around in August by Macroaxis
IMedia Brands (IMBI) has been underperforming in the market, with a quarterly revenue growth of -31% and a net income loss of $70M. The company, part of the Specialty Retail industry, has been struggling with an operating margin of -8% and a return on equity of -1.63. Despite these challenges, analysts are optimistic about the company's future. With two strong buy recommendations, the analyst target price estimated value stands at $1.5, with the highest estimated target price reaching $2. This presents a possible upside price of 15.53. IMedia Brands' market capitalization is a mere $3.4M, while its enterprise value.stands significantly higher at $180.9M. This discrepancy indicates potential undervaluation in the market. The company's valuation real value is $0.47, significantly higher than its current day median price of $0.14. Despite a negative EPS estimate for the current year at -1.77, the EPS estimate for the next year shows improvement at -0.28. This indicates a potential turnaround for the company in the future. With a gross profit of $222.6M and revenue of $544.6M, IMedia Brands has the financial foundation to implement strategic changes to improve its profitability. In conclusion, despite its current financial struggles, IMedia Brands shows potential for a bullish turnaround in August. Investors should keep a close eye on this stock. The Enterprise Value of iMedia Brands has been observed to decline compared to previous years. The Enterprise Value for the preceding year was reported at $370.01 million. Currently, the Invested Capital is projected to increase to approximately $184.2 million, while the Net Income Per Employee is expected to decrease to -$1.1k. As some baby boomers express concerns about the internet and direct marketing retail space, it's worth examining iMedia Brands. We will explore why we remain optimistic in anticipation of a recovery. In this article, I will also discuss several factors affecting iMedia Brands' products and services, and explain how these may impact traders of iMedia Brands.
Parkland Valuation on July 6, 2023
It is possible to determine the worth of Parkland on a given historical date. On July 6, 2023 Parkland was worth 23.36 at the beginning of the trading date compared to the closed value of 23.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parkland pink sheet. Still, in general, we apply an absolute valuation method to find Parkland'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 Parkland where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parkland's related companies.
| Open | High | Low | Close | Volume | |
| 24.70 | 24.70 | 24.70 | 24.70 | 1.00 | |
07/06/2023 | 23.36 | 23.36 | 23.22 | 23.22 | 542.00 |
| 23.90 | 23.94 | 23.90 | 23.94 | 2,091 |
| Backtest Parkland | | | Parkland History | | | Parkland Valuation | Previous | Next |
Parkland Trading Date Momentum on July 6, 2023
| On July 07 2023 Parkland was traded for 23.94 at the closing time. The highest daily price throughout the period was 23.94 and the lowest price was 23.90 . The daily volume was 2.1 K. The net trading volume on 07/07/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.10% . The trading delta at closing time to current closing price is 8.27% . |
Parkland Fundamentals Correlations and Trends
By evaluating Parkland'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 Parkland's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parkland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parkland Pink Sheet history
Parkland 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 Parkland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parkland 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 Parkland stock prices may prove useful in developing a viable investing in Parkland
Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada. Parkland Inc operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange.
Parkland Pink Sheet Technical Analysis
Parkland technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Parkland Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Parkland cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Parkland December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Parkland pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parkland shares will generate the highest return on investment. By undertsting and applying Parkland pink sheet market strength indicators, traders can identify Parkland entry and exit signals to maximize returns
Parkland Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parkland's price direction in advance. Along with the technical and fundamental analysis of Parkland Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parkland 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.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.26) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Parkland Pink Sheet analysis
When running Parkland's price analysis, check to measure Parkland'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 Parkland is operating at the current time. Most of Parkland's value examination focuses on studying past and present price action to predict the probability of Parkland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkland's price. Additionally, you may evaluate how the addition of Parkland to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |