Parkland Stock Price on March 17, 2023
PKIUF Stock | USD 23.01 0.11 0.48% |
If you're considering investing in Parkland Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Parkland stands at 23.01, as last reported on the 28th of December, with the highest price reaching 23.01 and the lowest price hitting 22.76 during the day. Parkland maintains Sharpe Ratio (i.e., Efficiency) of -0.0714, which implies the firm had a -0.0714% return per unit of risk over the last 3 months. Parkland exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Parkland's Risk Adjusted Performance of (0.05), variance of 4.19, and Coefficient Of Variation of (1,506) to confirm the risk estimate we provide.
Parkland Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Parkland |
Sharpe Ratio = -0.0714
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parkland 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 Parkland by adding Parkland to a well-diversified portfolio.
Parkland Valuation on March 17, 2023
It is possible to determine the worth of Parkland on a given historical date. On March 17, 2023 Parkland was worth 19.36 at the beginning of the trading date compared to the closed value of 19.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parkland pink sheet. Still, in general, we apply an absolute valuation method to find Parkland'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 Parkland where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parkland's related companies.
Open | High | Low | Close | Volume | |
19.05 | 19.36 | 19.05 | 19.36 | 200.00 | |
03/17/2023 | 19.36 | 19.36 | 19.36 | 19.36 | 40.00 |
20.66 | 20.66 | 20.41 | 20.41 | 1.00 |
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Parkland Trading Date Momentum on March 17, 2023
On March 20 2023 Parkland was traded for 20.41 at the closing time. The highest daily price throughout the period was 20.66 and the lowest price was 20.41 . There was no trading activity during the period 1.0. Lack of trading volume on 03/20/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 5.42% . The trading delta at closing time to current closing price is 11.26% . |
Parkland Fundamentals Correlations and Trends
By evaluating Parkland'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 Parkland's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parkland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parkland Pink Sheet history
Parkland 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 Parkland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parkland 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 Parkland stock prices may prove useful in developing a viable investing in Parkland
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.
Parkland Pink Sheet Technical Analysis
Parkland 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.
Price Boundaries
Parkland Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
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Parkland December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Parkland 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 Parkland shares will generate the highest return on investment. By undertsting and applying Parkland pink sheet market strength indicators, traders can identify Parkland entry and exit signals to maximize returns
Parkland Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parkland's price direction in advance. Along with the technical and fundamental analysis of Parkland Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parkland 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.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 3.05 |
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Volume Indicators |
Complementary Tools for Parkland Pink Sheet analysis
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.
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