Alkane Resources Limited Stock Analysis
| ALKEF Stock | USD 0.44 0 0.24% |
Alkane Resources Limited is overvalued with Real Value of 0.35 and Hype Value of 0.44. The main objective of Alkane Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Alkane Resources Limited is worth, separate from its market price. There are two main types of Alkane Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Alkane Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Alkane Resources' stock to identify patterns and trends that may indicate its future price movements.
The Alkane Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Alkane Resources is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Alkane Pink Sheet trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Alkane Resources' ongoing operational relationships across important fundamental and technical indicators.
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Alkane Pink Sheet Analysis Notes
About 35.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.36. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alkane Resources had not issued any dividends in recent years. Alkane Resources Limited operates as a gold production company in Australia. Alkane Resources Limited was incorporated in 1969 and is headquartered in West Perth, Australia. Alkane Exploration operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Alkane Resources Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Alkane Resources Limited please contact David Chalmers at 61 8 9227 5677 or go to https://www.alkane.com.au.Alkane Resources Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Alkane Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Alkane Resources Limited or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Alkane Resources has some characteristics of a very speculative penny stock | |
| Alkane Resources had very high historical volatility over the last 90 days | |
| About 35.0% of the company shares are held by company insiders |
Alkane Resources Thematic Classifications
In addition to having Alkane Resources pink sheet in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Gold and Gold MiningStocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas |
Alkane Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 269.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alkane Resources's market, we take the total number of its shares issued and multiply it by Alkane Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Alkane Profitablity
Alkane Resources' profitability indicators refer to fundamental financial ratios that showcase Alkane Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Alkane Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alkane Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alkane Resources' profitability requires more research than a typical breakdown of Alkane Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.43 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32. Technical Drivers
As of the 18th of April 2024, Alkane Resources shows the Mean Deviation of 2.36, downside deviation of 7.96, and Risk Adjusted Performance of 0.0276. Alkane Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Alkane Resources Limited, which can be compared to its peers. Please confirm Alkane Resources standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Alkane Resources is priced correctly, providing market reflects its regular price of 0.44105 per share. As Alkane Resources is a penny stock we also strongly suggest to validate its total risk alpha numbers.Alkane Resources Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alkane Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alkane Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Alkane Resources Predictive Daily Indicators
Alkane Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alkane Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Alkane Resources Forecast Models
Alkane Resources' time-series forecasting models are one of many Alkane Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alkane Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Alkane Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Alkane Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alkane shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Alkane Resources. By using and applying Alkane Pink Sheet analysis, traders can create a robust methodology for identifying Alkane entry and exit points for their positions.
Alkane Resources Limited operates as a gold production company in Australia. Alkane Resources Limited was incorporated in 1969 and is headquartered in West Perth, Australia. Alkane Exploration operates under Gold classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Alkane Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkane Resources Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Alkane Resources information on this page should be used as a complementary analysis to other Alkane Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Alkane Pink Sheet analysis
When running Alkane Resources' price analysis, check to measure Alkane Resources' 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 Alkane Resources is operating at the current time. Most of Alkane Resources' value examination focuses on studying past and present price action to predict the probability of Alkane Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkane Resources' price. Additionally, you may evaluate how the addition of Alkane Resources to your portfolios can decrease your overall portfolio volatility.
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