Parker Drilling Price on January 18, 2023

PKDCDelisted Stock  USD 7.10  0.00  0.00%   
If you're considering investing in Parker Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Parker Drilling stands at 7.10, as last reported on the 22nd of December, with the highest price reaching 7.10 and the lowest price hitting 7.10 during the day. We have found eighteen technical indicators for Parker Drilling, which you can use to evaluate the volatility of the company. Please check Parker Drilling's Coefficient Of Variation of 1420.22, variance of 10.03, and Risk Adjusted Performance of 0.0633 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Parker Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Parker Drilling is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Parker Drilling by adding Parker Drilling to a well-diversified portfolio.

Parker Drilling Valuation on January 18, 2023

It is possible to determine the worth of Parker Drilling on a given historical date. On January 18, 2023 Parker was worth 6.49 at the beginning of the trading date compared to the closed value of 6.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parker Drilling pink sheet. Still, in general, we apply an absolute valuation method to find Parker Drilling's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Parker Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parker Drilling's related companies.
 Open High Low Close Volume
  6.49    6.49    6.49    6.49    2,600  
01/18/2023
  6.49    6.49    6.49    6.49    1.00  
  6.50    6.50    6.50    6.50    600.00  
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Open Value
6.49
6.49
Closing Value
6.49
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Parker Drilling Trading Date Momentum on January 18, 2023

On January 19 2023 Parker Drilling was traded for  6.50  at the closing time. The top price for the day was 6.50  and the lowest listed price was  6.50 . The trading volume for the day was 600. The trading history from January 19, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.15% . The trading delta at closing time against the current closing price is 9.40% .

Parker Drilling Fundamentals Correlations and Trends

By evaluating Parker Drilling's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parker Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parker financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Parker Drilling Pink Sheet history

Parker Drilling investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Parker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parker Drilling will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Parker Drilling stock prices may prove useful in developing a viable investing in Parker Drilling
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people.

Parker Drilling Pink Sheet Technical Analysis

Parker Drilling technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Parker Drilling technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parker Drilling trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Parker Drilling Period Price Range

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Parker Drilling cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Parker Drilling December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Parker Drilling pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parker Drilling shares will generate the highest return on investment. By undertsting and applying Parker Drilling pink sheet market strength indicators, traders can identify Parker Drilling entry and exit signals to maximize returns

Parker Drilling Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parker Drilling's price direction in advance. Along with the technical and fundamental analysis of Parker Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parker to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.
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