Parkland temporarily shuts down Burnaby refinery, warns of odour - Stockhouse Publishing

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.
  
Parkland temporarily shuts down Burnaby refinery, warns of odour Stockhouse Publishing

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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.

Current Valuation

Current Valuation Comparative Analysis

Parkland is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

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%

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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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