Parkway Acquisition Return On Equity vs. Price To Book
| PKKWDelisted Stock | USD 10.79 0.29 2.76% |
For Parkway Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parkway Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parkway Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parkway Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parkway Acquisition Corp over time as well as its relative position and ranking within its peers.
Parkway |
Parkway Acquisition Corp Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parkway Acquisition's current stock value. Our valuation model uses many indicators to compare Parkway Acquisition value to that of its competitors to determine the firm's financial worth. Parkway Acquisition Corp is considered to be number one stock in return on equity category among its peers. It is regarded fourth in price to book category among its peers fabricating about 7.21 of Price To Book per Return On Equity. 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 Parkway Acquisition's earnings, one of the primary drivers of an investment's value.Parkway Price To Book 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.
Parkway Acquisition |
| = | 0.13 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Parkway Acquisition |
| = | 0.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Parkway Price To Book Comparison
Parkway Acquisition is currently under evaluation in price to book category among its peers.
Parkway Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parkway Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parkway Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Parkway Acquisition's change in net profit over the period of time. It can combine multiple indicators of Parkway Acquisition, 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.
Parkway Acquisition Corp. operates as the holding company for the Skyline National Bank that provides various banking and financial services to individuals, and small and medium sized businesses in the United States. Parkway Acquisition Corp. was founded in 1900 and is headquartered in Floyd, Virginia. PARKWAY ACQUISITION operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 219 people.
Parkway Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parkway Acquisition. 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 Parkway Acquisition 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 Parkway Acquisition's important profitability drivers and their relationship over time.
Use Parkway Acquisition 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 Parkway Acquisition 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 Parkway Acquisition will appreciate offsetting losses from the drop in the long position's value.Parkway Acquisition Pair Trading
Parkway Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Parkway Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkway Acquisition 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 Parkway Acquisition - 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 Parkway Acquisition Corp to buy it.
The correlation of Parkway Acquisition 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 Parkway Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkway Acquisition Corp 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 Parkway Acquisition 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 Parkway Acquisition position
In addition to having Parkway Acquisition 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?
Run ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 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 ISP 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Parkway OTC Stock
If you are still planning to invest in Parkway Acquisition Corp 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 Parkway Acquisition's history and understand the potential risks before investing.
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