Parkit Enterprise Net Income vs. Number Of Shares Shorted
| PKT Stock | CAD 0.67 0.01 1.52% |
Net Loss | First Reported 2006-06-30 | Previous Quarter 164.9 K | Current Value -445.9 K | Quarterly Volatility 2.1 M |
For Parkit Enterprise profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parkit Enterprise to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parkit Enterprise utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parkit Enterprise's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parkit Enterprise over time as well as its relative position and ranking within its peers.
Parkit |
Parkit Enterprise Number Of Shares Shorted vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parkit Enterprise's current stock value. Our valuation model uses many indicators to compare Parkit Enterprise value to that of its competitors to determine the firm's financial worth. Parkit Enterprise is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers . Parkit Enterprise reported Net Loss of (5.09 Million) in 2023. 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 Parkit Enterprise's earnings, one of the primary drivers of an investment's value.Parkit Number Of Shares Shorted vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Parkit Enterprise |
| = | (5.09 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Parkit Enterprise |
| = | 13.6 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Parkit Number Of Shares Shorted Comparison
Parkit Enterprise is currently under evaluation in number of shares shorted category among its peers.
Parkit Enterprise Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parkit Enterprise, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parkit Enterprise will eventually generate negative long term returns. The profitability progress is the general direction of Parkit Enterprise's change in net profit over the period of time. It can combine multiple indicators of Parkit Enterprise, 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 | 31.2 K | 29.7 K | |
| Operating Income | 3.4 M | 3.6 M | |
| Income Before Tax | -5.1 M | -4.8 M | |
| Total Other Income Expense Net | -1 M | -991.2 K | |
| Net Loss | -5.1 M | -4.8 M | |
| Income Tax Expense | -92.4 K | -87.8 K | |
| Net Loss | -5.1 M | -4.8 M | |
| Net Loss | -3.6 M | -3.4 M | |
| Net Interest Income | -7.4 M | -7.1 M | |
| Interest Income | 294.6 K | 309.3 K | |
| Change To Netincome | 3.4 M | 3.6 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | (0.52) | (0.49) | |
| Net Income Per E B T | 0.88 | 0.94 |
Parkit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parkit Enterprise. 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 Parkit Enterprise 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 Parkit Enterprise's important profitability drivers and their relationship over time.
Use Parkit Enterprise 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 Parkit Enterprise 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 Parkit Enterprise will appreciate offsetting losses from the drop in the long position's value.Parkit Enterprise Pair Trading
Parkit Enterprise Pair Trading Analysis
The ability to find closely correlated positions to Parkit Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkit Enterprise 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 Parkit Enterprise - 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 Parkit Enterprise to buy it.
The correlation of Parkit Enterprise 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 Parkit Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkit Enterprise 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 Parkit Enterprise 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 Parkit Enterprise position
In addition to having Parkit Enterprise 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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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 Gold ETFs Theme or any other thematic opportunities.
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Additional Tools for Parkit Stock Analysis
When running Parkit Enterprise's price analysis, check to measure Parkit Enterprise'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 Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.