Parkit Enterprise Stock Performance
| PKT Stock | CAD 0.67 0.01 1.52% |
On a scale of 0 to 100, Parkit Enterprise holds a performance score of 7. The company holds a Beta of -0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Parkit Enterprise are expected to decrease at a much lower rate. During the bear market, Parkit Enterprise is likely to outperform the market. Please check Parkit Enterprise's value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Parkit Enterprise's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Parkit Enterprise are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Parkit Enterprise showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2013-09-11 |
1 | Parkit Enterprise Inc. Director Bradley Roy Dunkley Buys 24,000 Shares - Defense World | 09/27/2024 |
2 | Parkit Enterprise Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/07/2024 |
3 | Cormark Increases Earnings Estimates for Parkit Enterprise - MarketBeat | 11/21/2024 |
| Begin Period Cash Flow | 19.5 M |
Parkit |
Parkit Enterprise Relative Risk vs. Return Landscape
If you would invest 55.00 in Parkit Enterprise on August 29, 2024 and sell it today you would earn a total of 12.00 from holding Parkit Enterprise or generate 21.82% return on investment over 90 days. Parkit Enterprise is currently producing 0.4076% returns and takes up 4.3942% volatility of returns over 90 trading days. Put another way, 39% of traded stocks are less volatile than Parkit, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parkit Enterprise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parkit Enterprise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Parkit Enterprise, and traders can use it to determine the average amount a Parkit Enterprise's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0928
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Parkit Enterprise is performing at about 7% of its full potential. 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 Parkit Enterprise by adding it to a well-diversified portfolio.
Parkit Enterprise Fundamentals Growth
Parkit Stock prices reflect investors' perceptions of the future prospects and financial health of Parkit Enterprise, and Parkit Enterprise fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parkit Stock performance.
| Return On Equity | -0.0447 | ||||
| Return On Asset | 0.0087 | ||||
| Profit Margin | (0.25) % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 313.28 M | ||||
| Shares Outstanding | 223.42 M | ||||
| Price To Earning | 3.18 X | ||||
| Price To Book | 1.04 X | ||||
| Price To Sales | 5.61 X | ||||
| Revenue | 23.26 M | ||||
| Gross Profit | 6.08 M | ||||
| EBITDA | 13.15 M | ||||
| Net Income | (5.09 M) | ||||
| Cash And Equivalents | 581.73 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 175.35 M | ||||
| Current Ratio | 8.89 X | ||||
| Book Value Per Share | 0.65 X | ||||
| Cash Flow From Operations | 15.04 M | ||||
| Earnings Per Share | (0.03) X | ||||
| Market Capitalization | 149.69 M | ||||
| Total Asset | 324.53 M | ||||
| Retained Earnings | (23.99 M) | ||||
| Working Capital | 10.07 M | ||||
About Parkit Enterprise Performance
Evaluating Parkit Enterprise's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parkit Enterprise has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Parkit Enterprise has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 82.11 | 64.38 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Parkit Enterprise performance evaluation
Checking the ongoing alerts about Parkit Enterprise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Parkit Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parkit Enterprise has some characteristics of a very speculative penny stock | |
| Parkit Enterprise had very high historical volatility over the last 90 days | |
| The company reported the revenue of 23.26 M. Net Loss for the year was (5.09 M) with profit before overhead, payroll, taxes, and interest of 6.08 M. | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Cormark Increases Earnings Estimates for Parkit Enterprise - MarketBeat |
- Analyzing Parkit Enterprise's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Parkit Enterprise's stock is overvalued or undervalued compared to its peers.
- Examining Parkit Enterprise's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Parkit Enterprise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parkit Enterprise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parkit Enterprise's stock. These opinions can provide insight into Parkit Enterprise's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Parkit Stock Analysis
When running Parkit Enterprise's price analysis, check to measure Parkit Enterprise'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 Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.