Parker Drilling Buy Hold or Sell Recommendation

PKDCDelisted Stock  USD 7.10  0.00  0.00%   
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Parker Drilling is 'Not Rated'. Macroaxis provides Parker Drilling buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PKDC positions.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
In addition, we conduct extensive research on individual companies such as Parker and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Parker Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute Parker Drilling Buy or Sell Advice

The Parker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Parker Drilling. Macroaxis does not own or have any residual interests in Parker Drilling or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Parker Drilling's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Parker DrillingBuy Parker Drilling
Not Rated
For the selected time horizon Parker Drilling has a Risk Adjusted Performance of 0.0574, Jensen Alpha of 0.3091, Total Risk Alpha of (0.31) and Treynor Ratio of (0.18)
We provide trade recommendations to complement the recent expert consensus on Parker Drilling. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Parker Drilling is not overpriced, please check all Parker Drilling fundamentals, including its debt to equity, number of employees, and the relationship between the cash and equivalents and cash flow from operations . Given that Parker Drilling has a number of shares shorted of 77.82 K, we recommend you to check out Parker Drilling market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Parker Drilling Trading Alerts and Improvement Suggestions

Parker Drilling is not yet fully synchronised with the market data
Parker Drilling has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 629.79 M. Net Loss for the year was (83.74 M) with profit before overhead, payroll, taxes, and interest of 154.75 M.

Parker Drilling Returns Distribution Density

The distribution of Parker Drilling's historical returns is an attempt to chart the uncertainty of Parker Drilling's future price movements. The chart of the probability distribution of Parker Drilling daily returns describes the distribution of returns around its average expected value. We use Parker Drilling price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Parker Drilling returns is essential to provide solid investment advice for Parker Drilling.
Mean Return
0.19
Value At Risk
-0.5
Potential Upside
3.08
Standard Deviation
2.94
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Parker Drilling historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Parker Drilling Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Parker . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Parker Drilling Buy or Sell Advice

When is the right time to buy or sell Parker Drilling? Buying financial instruments such as Parker Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Parker Drilling in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Tips ETFs Thematic Idea Now

Tips ETFs
Tips ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tips ETFs Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Consideration for investing in Parker Pink Sheet

If you are still planning to invest in Parker Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parker Drilling's history and understand the potential risks before investing.
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