Parker Drilling Performance
| PKDCDelisted Stock | USD 7.10 0.00 0.00% |
The company holds a Beta of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Parker Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parker Drilling is expected to be smaller as well. Parker Drilling right now holds a risk of 0.0%. Please check Parker Drilling maximum drawdown, skewness, as well as the relationship between the Skewness and day median price , to decide if Parker Drilling will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Parker Drilling has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Parker Drilling is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 59 M | |
| Total Cashflows From Investing Activities | -79.4 M |
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Parker Drilling Relative Risk vs. Return Landscape
If you would invest 710.00 in Parker Drilling on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Parker Drilling or generate 0.0% return on investment over 90 days. Parker Drilling is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Parker, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Parker Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parker Drilling's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Parker Drilling, and traders can use it to determine the average amount a Parker Drilling'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 = 0.0
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Based on monthly moving average Parker Drilling 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 Parker Drilling by adding Parker Drilling to a well-diversified portfolio.
Parker Drilling Fundamentals Growth
Parker Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Parker Drilling, and Parker Drilling 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 Parker Pink Sheet performance.
| Return On Equity | -0.35 | ||||
| Return On Asset | 0.0348 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 150.63 M | ||||
| Shares Outstanding | 15.04 M | ||||
| Price To Book | 0.19 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 629.79 M | ||||
| EBITDA | (50.81 M) | ||||
| Cash And Equivalents | 104.95 M | ||||
| Cash Per Share | 6.98 X | ||||
| Total Debt | 177.94 M | ||||
| Debt To Equity | 0.58 % | ||||
| Book Value Per Share | 23.52 X | ||||
| Cash Flow From Operations | 76.55 M | ||||
| Earnings Per Share | (6.15) X | ||||
| Total Asset | 682.85 M | ||||
About Parker Drilling Performance
By analyzing Parker Drilling's fundamental ratios, stakeholders can gain valuable insights into Parker Drilling's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Parker Drilling 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 Parker Drilling has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people.Things to note about Parker Drilling performance evaluation
Checking the ongoing alerts about Parker Drilling for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Parker Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing Parker Drilling'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 Parker Drilling's stock is overvalued or undervalued compared to its peers.
- Examining Parker Drilling'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 Parker Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parker Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parker Drilling's pink sheet. These opinions can provide insight into Parker Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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