Parkway Acquisition Revenue vs. Cash Per Share
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 Cash Per Share vs. Revenue 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 regarded second in revenue category among its peers. It also is regarded second in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Parkway Acquisition Corp is about 2,393,538 . 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 Revenue vs. Competition
Parkway Acquisition Corp is regarded second in revenue category among its peers. Market size based on revenue of Banks—Regional industry is at this time estimated at about 319.53 Million. Parkway Acquisition retains roughly 38.9 Million in revenue claiming about 12% of stocks in Banks—Regional industry.
Parkway Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Parkway Acquisition |
| = | 38.9 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Parkway Acquisition |
| = | 16.25 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Parkway Cash Per Share Comparison
Parkway Acquisition is currently under evaluation in cash per share 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?
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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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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