Khiron OTC Stock Performance

KHRWF -  USA Stock  

USD 0.09  0.0026  2.68%

On a scale of 0 to 100, Khiron Life holds a performance score of 2. The company secures a Beta (Market Risk) of -1.8482, which conveys a somewhat significant risk relative to the market. Let's try to break down what Khiron's beta means in this case. As returns on the market increase, returns on owning Khiron Life are expected to decrease by larger amounts. On the other hand, during market turmoil, Khiron Life is expected to outperform it. Although it is vital to follow Khiron Life Sciences price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Khiron Life Sciences technical indicators, you can presently evaluate if the expected return of 0.29% will be sustainable into the future. Please exercises Khiron Life Sciences downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to make a quick decision on whether Khiron Life Sciences current price movements will revert.

Khiron O TC Stock Performance 

 
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 Khiron Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Khiron Life Sciences are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Khiron Life exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Khiron Price Channel

Fifty Two Week Low0.0850
Fifty Two Week High0.0850

Khiron Life Relative Risk vs. Return Landscape

If you would invest  10.00  in Khiron Life Sciences on July 18, 2021 and sell it today you would lose (0.31)  from holding Khiron Life Sciences or give up 3.1% of portfolio value over 90 days. Khiron Life Sciences is currently producing 0.2867% returns and takes up 9.5633% volatility of returns over 90 trading days. Put another way, 81% of traded otc stocks are less volatile than Khiron, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Khiron Life is expected to generate 12.81 times more return on investment than the market. However, the company is 12.81 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Khiron Life Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Khiron Life's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Khiron Life Sciences, and traders can use it to determine the average amount a Khiron Life's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.03

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Estimated Market Risk
 9.56
  actual daily
 
 81 %
of total potential
 
8181
Expected Return
 0.29
  actual daily
 
 5 %
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55
Risk-Adjusted Return
 0.03
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 2 %
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22
Based on monthly moving average Khiron Life is performing at about 2% 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 Khiron Life by adding it to a well-diversified portfolio.

About Khiron Life Performance

To evaluate Khiron Life Sciences OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Khiron Life generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Khiron OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Khiron Life Sciences stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Khiron's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Khiron Life Sciences Corp. operates as an integrated cannabis company in Latin America, North America, and Europe. Khiron Life Sciences Corp. was founded in 2017 and is based in Vancouver, Canada. Khiron Life is traded on OTC Exchange in the United States.

Things to note about Khiron Life Sciences

Checking the ongoing alerts about Khiron Life for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Khiron Life Sciences help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Khiron Life Alerts

Equity Alerts and Improvement Suggestions

Khiron Life Sciences has very high historical volatility over the last 90 days
Khiron Life Sciences has some characteristics of a very speculative penny stock
Khiron Life Sciences has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.marketscreener.com: Khiron Life Sciences Corp. Invitation to the Benzinga Cannabis Capital Conference - marketscreener.com
Please see Stocks Correlation. Note that the Khiron Life Sciences information on this page should be used as a complementary analysis to other Khiron Life's 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Khiron Life Sciences price analysis, check to measure Khiron Life's 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 Khiron Life is operating at the current time. Most of Khiron Life's value examination focuses on studying past and present price action to predict the probability of Khiron Life's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Khiron Life's price. Additionally, you may evaluate how the addition of Khiron Life to your portfolios can decrease your overall portfolio volatility.
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The market value of Khiron Life Sciences is measured differently than its book value, which is the value of Khiron that is recorded on the company's balance sheet. Investors also form their own opinion of Khiron Life's value that differs from its market value or its book value, called intrinsic value, which is Khiron Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Khiron Life's market value can be influenced by many factors that don't directly affect Khiron Life Sciences underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Khiron Life's value and its price as these two are different measures arrived at by different means. Investors typically determine Khiron Life value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Khiron Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.