ALX Resources (Germany) Today
| 6LLN Stock | EUR 0.01 0 7.41% |
Performance1 of 100
| Odds Of DistressOver 63
|
ALX Resources is trading at 0.0145 as of the 15th of April 2024. This is a 7.41 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0145. ALX Resources has more than 63 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for ALX Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
ALX Uranium Corp., primarily acquires, explores for, and develops uranium properties in Canada. ALX Uranium Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. ALX URANIUM operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.. The company has 233.93 M outstanding shares. More on ALX Resources Corp
Moving against ALX Stock
| 0.47 | E908 | Lyxor 1 | PairCorr |
| 0.45 | DBPE | Xtrackers LevDAX | PairCorr |
Follow Valuation Odds of Bankruptcy
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ALX Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ALX Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALX Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Robert Eriks |
| Business Concentration | Industrial Metals & Minerals, Basic Materials (View all Sectors) |
ALX Resources Corp (6LLN) is traded on Frankfurt Exchange in Germany and employs 13 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALX Resources's market, we take the total number of its shares issued and multiply it by ALX 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. ALX Resources Corp operates under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 233.93 M outstanding shares.
ALX Resources Corp has accumulated about 2.07 M in cash with (734.66 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ALX Resources Probability Of Bankruptcy
Ownership AllocationALX Resources Corp retains a total of 233.93 Million outstanding shares. ALX Resources Corp shows 15.37 percent of its outstanding shares held by insiders and 2.82 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ALX Ownership Details
ALX Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of ALX Resources jumping above the current price in 90 days from now is about 57.95%. The ALX Resources Corp probability density function shows the probability of ALX Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ALX Resources Corp has a beta of -2.6354. This suggests as returns on its benchmark rise, returns on holding ALX Resources Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ALX Resources is expected to outperform its benchmark. Moreover, aLX Resources Corp has an alpha of 1.8253, implying that it can generate a 1.83 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ALX Resources to move above the current price in 90 days from now is about 57.95 (This ALX Resources Corp probability density function shows the probability of ALX Stock to fall within a particular range of prices over 90 days) .
ALX Resources Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALX Resources market risk premium is the additional return an investor will receive from holding ALX Resources 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 ALX Resources. 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 ALX Resources' alpha and beta are two of the key measurements used to evaluate ALX Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 13.59 | |||
| Semi Deviation | 13.59 | |||
| Standard Deviation | 20.0 | |||
| Variance | 400.01 |
ALX Stock Against Markets
Picking the right benchmark for ALX Resources stock 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 ALX Resources stock 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 ALX Resources is critical whether you are bullish or bearish towards ALX Resources Corp at a given time. Please also check how ALX Resources' 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 ALX Resources 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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ALX Resources Corporate Directors
ALX Resources corporate directors refer to members of an ALX Resources board of directors. The board of directors generally takes responsibility for the ALX Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ALX Resources' board members must vote for the resolution. The ALX Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Howard Haugom | Director | Profile | |
| David Miller | Director | Profile | |
| Jody Dahrouge | Director | Profile | |
| JeanJacques Gautrot | Director | Profile |
How to buy ALX Stock?
Before investing in ALX Resources, 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 ALX Resources. To buy ALX Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ALX Resources. 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 ALX Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ALX Resources Corp stock 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 ALX Resources Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ALX Resources Corp, 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 stock 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 ALX Resources Corp?
The danger of trading ALX Resources Corp is mainly related to its market volatility and Company 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 ALX Resources 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 ALX Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALX Resources Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ALX Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for ALX Stock analysis
When running ALX Resources' price analysis, check to measure ALX 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 ALX Resources is operating at the current time. Most of ALX Resources' value examination focuses on studying past and present price action to predict the probability of ALX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALX Resources' price. Additionally, you may evaluate how the addition of ALX Resources to your portfolios can decrease your overall portfolio volatility.
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