Parkland Stock Analysis

Parkland Pink Sheet Analysis Notes

About 20.0% of the company outstanding shares are owned by corporate insiders. The book value of Parkland was at this time reported as 13.4. The company last dividend was issued on the 21st of December 2022. Parkland had 3:1 split on the 23rd of May 2007. Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada. Parkland Inc operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange.The quote for Parkland is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Parkland contact Robert Espey at 403 567 2500 or learn more at https://www.parkland.ca.

Parkland Investment Alerts

Parkland Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parkland's market, we take the total number of its shares issued and multiply it by Parkland's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Parkland Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Technical Drivers

As of the 26th of November, Parkland holds the Variance of 2.12, coefficient of variation of (1,842), and Risk Adjusted Performance of (0.04). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parkland, as well as the relationship between them. Please check Parkland risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Parkland is priced some-what accurately, providing market reflects its current price of 24.68 per share. Given that Parkland has information ratio of (0.14), we recommend you to check out Parkland's recent market performance to make sure the company can sustain itself at a future point.

Parkland Price Movement Analysis

Parkland Predictive Daily Indicators

Parkland Forecast Models

Parkland's time-series forecasting models are one of many Parkland's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Parkland's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Parkland prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parkland shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Parkland. By using and applying Parkland Pink Sheet analysis, traders can create a robust methodology for identifying Parkland entry and exit points for their positions.

When running Parkland's price analysis, check to measure Parkland'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 Parkland is operating at the current time. Most of Parkland's value examination focuses on studying past and present price action to predict the probability of Parkland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkland's price. Additionally, you may evaluate how the addition of Parkland to your portfolios can decrease your overall portfolio volatility.