Parkit Enterprise Stock Performance
| PKT Stock | CAD 0.41 0.01 2.38% |
The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Parkit Enterprise's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parkit Enterprise is expected to be smaller as well. At this point, Parkit Enterprise has a negative expected return of -0.56%. Please make sure to check Parkit Enterprise's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Parkit Enterprise performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Parkit Enterprise has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in April 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2013-09-11 |
1 | Parkit Enterprise Trading Down 3.5 percent - Heres Why - MarketBeat | 12/27/2024 |
2 | Parkit Enterprise Expands Quebec Portfolio with New Acquisition - TipRanks | 02/06/2025 |
3 | Insider Buying Parkit Enterprise Inc. Insider Buys 41,600 Shares of Stock - MarketBeat | 02/13/2025 |
4 | Parkit Enterprise Inc.s Share Price Is Still Matching Investor Opinion Despite 26 percent Slump - Simply Wall St | 02/20/2025 |
5 | Why Amazon Stock Dropped 11 percent Last Month - The Globe and Mail | 03/06/2025 |
6 | Parkit Announces Normal Course Issuer Bid - TradingView | 03/20/2025 |
| Begin Period Cash Flow | 10.6 M |
Parkit |
Parkit Enterprise Relative Risk vs. Return Landscape
If you would invest 60.00 in Parkit Enterprise on December 21, 2024 and sell it today you would lose (19.00) from holding Parkit Enterprise or give up 31.67% of portfolio value over 90 days. Parkit Enterprise is currently producing negative expected returns and takes up 3.6451% volatility of returns over 90 trading days. Put another way, 32% of traded stocks are less volatile than Parkit, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parkit Enterprise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parkit Enterprise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Parkit Enterprise, and traders can use it to determine the average amount a Parkit Enterprise's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1528
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| Negative Returns | PKT |
Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Parkit Enterprise 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 Parkit Enterprise by adding Parkit Enterprise to a well-diversified portfolio.
Parkit Enterprise Fundamentals Growth
Parkit Stock prices reflect investors' perceptions of the future prospects and financial health of Parkit Enterprise, and Parkit Enterprise fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Parkit Stock performance.
| Return On Equity | -0.0192 | ||||
| Return On Asset | 0.0123 | ||||
| Profit Margin | (0.1) % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 264.56 M | ||||
| Shares Outstanding | 221.8 M | ||||
| Price To Earning | 3.18 X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 3.10 X | ||||
| Revenue | 29.89 M | ||||
| Gross Profit | 18.14 M | ||||
| EBITDA | 15.18 M | ||||
| Net Income | (2.81 M) | ||||
| Cash And Equivalents | 581.73 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 186.84 M | ||||
| Current Ratio | 8.89 X | ||||
| Book Value Per Share | 0.65 X | ||||
| Cash Flow From Operations | 15.74 M | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 90.94 M | ||||
| Total Asset | 330.66 M | ||||
| Retained Earnings | (25.98 M) | ||||
| Working Capital | 1.07 M | ||||
About Parkit Enterprise Performance
Evaluating Parkit Enterprise's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parkit Enterprise has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Parkit Enterprise has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 82.11 | 64.38 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Parkit Enterprise performance evaluation
Checking the ongoing alerts about Parkit Enterprise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Parkit Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Parkit Enterprise generated a negative expected return over the last 90 days | |
| Parkit Enterprise has some characteristics of a very speculative penny stock | |
| Parkit Enterprise has high historical volatility and very poor performance | |
| Parkit Enterprise has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 29.89 M. Net Loss for the year was (2.81 M) with profit before overhead, payroll, taxes, and interest of 18.14 M. | |
| About 40.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Parkit Announces Normal Course Issuer Bid - TradingView |
- Analyzing Parkit Enterprise's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Parkit Enterprise's stock is overvalued or undervalued compared to its peers.
- Examining Parkit Enterprise's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Parkit Enterprise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parkit Enterprise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Parkit Enterprise's stock. These opinions can provide insight into Parkit Enterprise's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Parkit Stock Analysis
When running Parkit Enterprise's price analysis, check to measure Parkit Enterprise'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 Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.