Parkland Fuel Profile
| 70137TAP0 | 98.23 0.00 0.00% |
Performance0 of 100
| Odds Of DefaultLess than 41
|
Parkland Corp 5.875 percent 15Jul2027 is a Corporate bonds world rest issued by Parkland Corp. on the 25th of June 2019. Parkland is trading at 98.23 as of the 24th of April 2024, a No Change since the beginning of the trading day. The bond's open price was 98.23. Parkland has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Ratings for Parkland Fuel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Parkland Bond Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Parkland's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parkland or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Parkland Fuel Corporate Bond, Industrial, Oil And Gas (View all Sectors) |
| Bond Type | Corporate bonds world rest |
| Issuer | Parkland Corp. |
| Sub Product Asset | CORP |
| Next Call Date | 15th of July 2022 |
| Coupon Payment Frequency | Semi-Annual |
| Callable | Yes |
| Sub Product Asset Type | Corporate Bond |
| Name | Parkland Corp 5.875 percent 15Jul2027 |
| C U S I P | 70137TAP0 |
| First Trading Day | 10th of July 2019 |
| Offering Date | 25th of June 2019 |
| Coupon | 5.875 |
| Debt Type | Senior Unsecured Note |
| Issue Date | 10th of July 2019 |
| I S I N | US70137TAP03 |
| Issuer Country | Canada |
| Yield To Maturity | 7.284 |
| Price | 95.4 |
| First Coupon Date | 15th of January 2020 |
| W K N | A2R4F2 |
Parkland Fuel (70137TAP0) is traded in USA.
Parkland Fuel Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Parkland market risk premium is the additional return an investor will receive from holding Parkland long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parkland. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Parkland's alpha and beta are two of the key measurements used to evaluate Parkland's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2496 | |||
| Standard Deviation | 0.3281 | |||
| Variance | 0.1076 | |||
| Risk Adjusted Performance | (0.04) |
Parkland Against Markets
Picking the right benchmark for Parkland bond is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Parkland bond price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Parkland is critical whether you are bullish or bearish towards Parkland Fuel at a given time. Please also check how Parkland's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Parkland without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Parkland Bond?
Before investing in Parkland, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Parkland. To buy Parkland bond, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Parkland. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Parkland bond. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Parkland Fuel bond in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Parkland Fuel bond, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the bond
It's important to note that investing in stocks, such as Parkland Fuel, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in bond prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Parkland Fuel?
The danger of trading Parkland Fuel is mainly related to its market volatility and Corporate Bond specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Parkland is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Parkland. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Parkland Fuel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Parkland Fuel. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.