Parkd Profitability Analysis
| PKD Stock | 0.02 0 8.33% |
Net Loss | First Reported 2016-12-31 | Previous Quarter -87.2 K | Current Value -87.2 K | Quarterly Volatility 312.8 K |
For Parkd profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parkd to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parkd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parkd's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parkd over time as well as its relative position and ranking within its peers.
Parkd |
Parkd Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parkd's current stock value. Our valuation model uses many indicators to compare Parkd value to that of its competitors to determine the firm's financial worth. Parkd is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parkd's earnings, one of the primary drivers of an investment's value.Parkd Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Parkd |
| = | -2.37 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Parkd |
| = | -0.39 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Parkd Return On Asset Comparison
Parkd is considered to be number one stock in return on asset category among its peers.
Parkd Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parkd, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parkd will eventually generate negative long term returns. The profitability progress is the general direction of Parkd's change in net profit over the period of time. It can combine multiple indicators of Parkd, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 512.6 K | 549.2 K | |
| Interest Income | 1.6 K | 2.7 K | |
| Operating Income | -509 K | -534.5 K | |
| Net Loss | -294.1 K | -308.8 K | |
| Income Before Tax | -514.7 K | -540.4 K | |
| Total Other Income Expense Net | -5.7 K | -5.4 K | |
| Net Loss | -609.6 K | -640.1 K | |
| Net Loss | -294.1 K | -308.8 K | |
| Income Tax Expense | -220.6 K | -231.6 K | |
| Net Interest Income | -5.7 K | -5.4 K | |
| Change To Netincome | 86.4 K | 141.5 K |
Parkd Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parkd. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Parkd position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Parkd's important profitability drivers and their relationship over time.
Use Parkd in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Parkd position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Parkd will appreciate offsetting losses from the drop in the long position's value.Parkd Pair Trading
Parkd Pair Trading Analysis
The ability to find closely correlated positions to Parkd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkd when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Parkd - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Parkd to buy it.
The correlation of Parkd is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parkd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Parkd can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Parkd position
In addition to having Parkd 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.Did You Try This Idea?
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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.