Kirkland Lake Performance

KL -- USA Stock  

Quarterly Earning Report: October 29, 2019  

The company secures Beta (Market Risk) of -0.94 which conveys that Even though it is essential to pay attention to Kirkland Lake Gold price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kirkland Lake exposes twenty-seven different technical indicators which can help you to evaluate its performance. Kirkland Lake Gold has expected return of -0.0063%. Please be advised to verify Kirkland Lake Gold Ltd Value At Risk as well as the relationship between Skewness and Day Median Price to decide if Kirkland Lake Gold past performance will be repeated at some point in the near future.

Risk-Adjusted Performance

Over the last 30 days Kirkland Lake Gold Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Even with considerably steady technical indicators, Kirkland Lake is not utilizing all of its potentials. The late stock price chaos, may contribute to medium term losses for the stakeholders.
Quick Ratio1.85
Fifty Two Week Low18.12
Fifty Two Week High51.08
Payout Ratio6.88%
Trailing Annual Dividend Yield0.27%
Horizon     30 Days    Login   to change

Kirkland Lake Gold Relative Risk vs. Return Landscape

If you would invest  4,597  in Kirkland Lake Gold Ltd on September 15, 2019 and sell it today you would lose (136.00)  from holding Kirkland Lake Gold Ltd or give up 2.96% of portfolio value over 30 days. Kirkland Lake Gold Ltd is generating negative expected returns and assumes 2.8938% volatility on return distribution over the 30 days horizon. Put differently, 25% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Kirkland Lake is expected to generate 2.96 times more return on investment than the market. However, the company is 2.96 times more volatile than its market benchmark. It trades about 0.0 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

Kirkland Lake Market Risk Analysis

Sharpe Ratio = -0.0022
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Kirkland Lake Relative Performance Indicators

Estimated Market Risk
  actual daily
 25 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Kirkland Lake is performing at about 0% of its full potential. 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 Kirkland Lake by adding it to a well-diversified portfolio.

Kirkland Lake Alerts

Equity Alerts and Improvement Suggestions

Kirkland Lake Gold generates negative expected return over the last 30 days
Kirkland Lake Gold has high likelihood to experience some financial distress in the next 2 years
About 65.0% of the company shares are owned by institutional investors
Latest headline from My Top Stocks For Young Investors Kirkland Lake Gold Ltd., - News Planets

Kirkland Lake Dividends

Kirkland Lake Gold Dividends Analysis

Check Kirkland Lake Gold dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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Please see also Stocks Correlation. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.