Parker Drilling Pink Sheet Forecast - Accumulation Distribution

Parker Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Parker Drilling stock prices and determine the direction of Parker Drilling's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Parker Drilling's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 27, 2022 Parker Drilling had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Parker Drilling is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Parker Drilling to determine if accumulation or reduction is taking place in the market. This value is adjusted by Parker Drilling trading volume to give more weight to distributions with higher volume over lower volume.
Check Parker Drilling VolatilityBacktest Parker DrillingInformation Ratio  
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Parker Drilling to competition

Parker Drilling Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Parker Drilling pink sheet to make a market-neutral strategy. Peer analysis of Parker Drilling could also be used in its relative valuation, which is a method of valuing Parker Drilling by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Other Consideration for investing in Parker Pink Sheet

If you are still planning to invest in Parker Drilling 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 Parker Drilling's history and understand the potential risks before investing.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Volatility Analysis
Get historical volatility and risk analysis based on latest market data