The 3 Top-Performing TSX Stocks in November 2023 Are They Still ... - The Motley Fool Canada

PKIUF Stock  USD 22.90  0.38  1.69%   
Roughly 53% of Parkland's stockholders are presently thinking to get in. The analysis of overall sentiment of trading Parkland pink sheet suggests that some investors are interested at this time. The current market sentiment, together with Parkland's historical and current headlines, can help investors time the market. In addition, many technical investors use Parkland stock news signals to limit their universe of possible portfolio assets.
Parkland pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Parkland daily returns and investor perception about the current price of Parkland as well as its diversification or hedging effects on your existing portfolios.
  
The 3 Top-Performing TSX Stocks in November 2023 Are They Still ... The Motley Fool Canada

Read at news.google.com
Google News at Macroaxis
  

Parkland Fundamental Analysis

We analyze Parkland's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parkland using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parkland based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Annual Yield

Annual Yield Comparative Analysis

Parkland is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Parkland Potential Pair-trading

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 Parkland pink sheet to make a market-neutral strategy. Peer analysis of Parkland could also be used in its relative valuation, which is a method of valuing Parkland by comparing valuation metrics with similar companies.

Peers

Parkland Related Equities

SPWHSportsmans   14.66   
0%
100.0%
TLFTandy Leather   1.48   
0%
10.0%
OLPXOlaplex Holdings   0.56   
0%
3.0%
EYENational Vision   0.00   
0%
0%
ARKOWArko Corp     
1.0%
0%
CASYCaseys General   0.26   
1.0%
0%
BWMXBetterware   0.55   
3.0%
0%
ARKOArko Corp   1.51   
10.0%
0%
MUSAMurphy USA   1.93   
13.0%
0%
BNEDBarnes Noble   2.40   
16.0%
0%
BARKOriginal Bark   2.63   
17.0%
0%
SBHSally Beauty   2.77   
18.0%
0%
EVGOWEVgo Equity   8.16   
55.0%
0%

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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Transaction History
View history of all your transactions and understand their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like