Alkane Resources Limited Stock Buy Hold or Sell Recommendation
| ALKEF Stock | USD 0.44 0.03 6.38% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Alkane Resources Limited is 'Strong Sell'. Macroaxis provides Alkane Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALKEF positions. The advice algorithm takes into account all of Alkane Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Alkane Resources' buy or sell advice are summarized below:
Real Value 0.35 | Hype Value 0.44 | Market Value 0.44 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Alkane Resources Limited given historical horizon and risk tolerance towards Alkane Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Alkane Resources Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Alkane |
Execute Alkane Resources Buy or Sell Advice
The Alkane recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alkane Resources Limited. Macroaxis does not own or have any residual interests in Alkane Resources Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alkane Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Alkane Resources Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Alkane Resources' historical returns is an attempt to chart the uncertainty of Alkane Resources' future price movements. The chart of the probability distribution of Alkane Resources daily returns describes the distribution of returns around its average expected value. We use Alkane Resources Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alkane Resources returns is essential to provide solid investment advice for Alkane Resources.
| Mean Return | 0.31 | Value At Risk | -6.38 | Potential Upside | 10.00 | Standard Deviation | 4.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alkane Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Alkane Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Alkane Resources or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Alkane Resources' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Alkane pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.37 | |
β | Beta against NYSE Composite | -0.91 | |
σ | Overall volatility | 4.26 | |
Ir | Information ratio | 0.05 |
Alkane Resources Volatility Alert
Alkane Resources Limited shows above-average downside volatility for the selected time horizon. Alkane Resources Limited is a potential penny stock. Although Alkane Resources may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Alkane Resources Limited. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Alkane instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Alkane Resources Fundamentals Vs Peers
Comparing Alkane Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alkane Resources' direct or indirect competition across all of the common fundamentals between Alkane Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alkane Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Alkane Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Alkane Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alkane Resources to competition |
| Fundamentals | Alkane Resources | Peer Average |
| Return On Equity | 0.31 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.43 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 196.05 M | 16.62 B |
| Shares Outstanding | 598.79 M | 571.82 M |
| Shares Owned By Insiders | 35.14 % | 10.09 % |
| Shares Owned By Institutions | 9.58 % | 39.21 % |
| Price To Earning | 7.04 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 1.48 X | 11.42 X |
| Revenue | 165.01 M | 9.43 B |
| Gross Profit | 62.65 M | 27.38 B |
| EBITDA | 137.32 M | 3.9 B |
| Net Income | 70.25 M | 570.98 M |
| Cash And Equivalents | 77.89 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Total Debt | 9.12 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 3.88 X | 2.16 X |
| Book Value Per Share | 0.45 X | 1.93 K |
| Cash Flow From Operations | 86.48 M | 971.22 M |
| Earnings Per Share | 0.07 X | 3.12 X |
| Number Of Employees | 18 | 18.84 K |
| Beta | 0.91 | -0.15 |
| Market Capitalization | 269.46 M | 19.03 B |
| Total Asset | 355.69 M | 29.47 B |
| Retained Earnings | (27 M) | 9.33 B |
| Working Capital | 29 M | 1.48 B |
| Current Asset | 39 M | 9.34 B |
| Current Liabilities | 10 M | 7.9 B |
| Z Score | 17.4 | 8.72 |
| Net Asset | 355.69 M |
Alkane Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alkane . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.44 | |||
| Day Typical Price | 0.44 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
About Alkane Resources Buy or Sell Advice
When is the right time to buy or sell Alkane Resources Limited? Buying financial instruments such as Alkane Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Alkane Resources in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run High Yield ETFs Thematic Idea Now
High Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 95 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Yield ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Alkane Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |