Parkd (Australia) Performance
| PKD Stock | 0.02 0 4.55% |
The company holds a Beta of -1.12, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Parkd are expected to decrease slowly. On the other hand, during market turmoil, Parkd is expected to outperform it slightly. At this point, Parkd has a negative expected return of -0.43%. Please make sure to check Parkd's skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if Parkd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Parkd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | Parkd Ltd. Stresses Innovation Amid Market Uncertainties - TipRanks | 11/21/2024 |
| Begin Period Cash Flow | 402.3 K |
Parkd |
Parkd Relative Risk vs. Return Landscape
If you would invest 2.90 in Parkd on August 29, 2024 and sell it today you would lose (0.80) from holding Parkd or give up 27.59% of portfolio value over 90 days. Parkd is producing return of less than zero assuming 3.6836% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Parkd, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Parkd Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parkd's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Parkd, and traders can use it to determine the average amount a Parkd'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 = -0.1172
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| Negative Returns | PKD |
Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parkd 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 Parkd by adding Parkd to a well-diversified portfolio.
Parkd Fundamentals Growth
Parkd Stock prices reflect investors' perceptions of the future prospects and financial health of Parkd, and Parkd 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 Parkd Stock performance.
| Return On Equity | -2.37 | ||||
| Return On Asset | -0.39 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 1.65 M | ||||
| Shares Outstanding | 104.01 M | ||||
| Price To Book | 201.82 X | ||||
| Price To Sales | 0.69 X | ||||
| Revenue | 3.33 M | ||||
| Gross Profit | 292.88 K | ||||
| EBITDA | (499.06 K) | ||||
| Net Income | (294.12 K) | ||||
| Total Debt | 57.91 K | ||||
| Cash Flow From Operations | 170.85 K | ||||
| Total Asset | 953.28 K | ||||
| Retained Earnings | (7.73 M) | ||||
About Parkd Performance
Assessing Parkd's fundamental ratios provides investors with valuable insights into Parkd's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Parkd is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Parkd is entity of Australia. It is traded as Stock on AU exchange.Things to note about Parkd performance evaluation
Checking the ongoing alerts about Parkd for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Parkd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parkd generated a negative expected return over the last 90 days | |
| Parkd has some characteristics of a very speculative penny stock | |
| Parkd has high historical volatility and very poor performance | |
| The company reported the revenue of 3.33 M. Net Loss for the year was (294.12 K) with profit before overhead, payroll, taxes, and interest of 292.88 K. | |
| About 62.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Parkd Ltd. Stresses Innovation Amid Market Uncertainties - TipRanks |
- Analyzing Parkd'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 Parkd's stock is overvalued or undervalued compared to its peers.
- Examining Parkd'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 Parkd's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parkd's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parkd's stock. These opinions can provide insight into Parkd's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Parkd Stock Analysis
When running Parkd's price analysis, check to measure Parkd'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 Parkd is operating at the current time. Most of Parkd's value examination focuses on studying past and present price action to predict the probability of Parkd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkd's price. Additionally, you may evaluate how the addition of Parkd to your portfolios can decrease your overall portfolio volatility.