Karora Resources Stock Today
| KRR Stock | CAD 5.47 0.10 1.80% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Karora Resources is selling at 5.47 as of the 25th of April 2024; that is -1.8 percent decrease since the beginning of the trading day. The stock's open price was 5.57. Karora Resources has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Karora Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Karora Resources Inc. operates as a multi-operational mineral resource company in Australia. Karora Resources Inc. was incorporated in 2006 and is headquartered in West Perth, Australia. KARORA RESOURCES is traded on Toronto Stock Exchange in Canada. The company has 178.59 M outstanding shares of which 1.78 M shares are now shorted by private and institutional investors with about 1.79 days to cover all short positions. More on Karora Resources
Moving together with Karora Stock
| 0.92 | ASM | Avino Silver Gold | PairCorr |
| 0.9 | CNQ | Canadian Natural Res Earnings Call This Week | PairCorr |
| 0.89 | VCM | Vecima Networks | PairCorr |
| 0.63 | BIP-PB | Brookfield Infrastructure | PairCorr |
Moving against Karora Stock
| 0.89 | ECN | ECN Capital Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Karora 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. Karora Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Karora Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive CEO | Paul AccDir | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Karora Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Karora Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Karora Resources' financial leverage. It provides some insight into what part of Karora Resources' total assets is financed by creditors.
| |||||
Karora Resources (KRR) is traded on Toronto Exchange in Canada and employs 10 people. Karora Resources is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 994.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Karora Resources's market, we take the total number of its shares issued and multiply it by Karora 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. Karora Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 178.59 M outstanding shares of which 1.78 M shares are now shorted by private and institutional investors with about 1.79 days to cover all short positions.
Karora Resources has accumulated about 68.79 M in cash with 132.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
Check Karora Resources Probability Of Bankruptcy
Ownership AllocationKarora Resources maintains a total of 178.59 Million outstanding shares. 30% of Karora Resources outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Karora Ownership Details
Karora Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Karora Resources jumping above the current price in 90 days from now is nearly 4.22%. The Karora Resources probability density function shows the probability of Karora Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.2166. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Karora Resources will likely underperform. Additionally, karora Resources has an alpha of 0.3403, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Karora Resources to move above the current price in 90 days from now is nearly 4.22 (This Karora Resources probability density function shows the probability of Karora Stock to fall within a particular range of prices over 90 days) .
Karora Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Karora Resources market risk premium is the additional return an investor will receive from holding Karora 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 Karora 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 Karora Resources' alpha and beta are two of the key measurements used to evaluate Karora Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.08 | |||
| Semi Deviation | 2.31 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.36 |
Karora Stock Against Markets
Picking the right benchmark for Karora 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 Karora 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 Karora Resources is critical whether you are bullish or bearish towards Karora Resources at a given time. Please also check how Karora 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 Karora 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?
Run Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
Karora Resources Corporate Management
Elected by the shareholders, the Karora Resources' board of directors comprises two types of representatives: Karora Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Karora. The board's role is to monitor Karora Resources' management team and ensure that shareholders' interests are well served. Karora Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Karora Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael AccDir | Senior Services | Profile | |
| LLB BA | Advisor Matters | Profile | |
| Barry AccDir | Chief Officer | Profile | |
| Oliver Turner | Executive Development | Profile | |
| Rob Buchanan | Director Relations | Profile |
How to buy Karora Stock?
Before investing in Karora 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 Karora Resources. To buy Karora Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Karora 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 Karora Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Karora Resources 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 Karora Resources 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 Karora Resources, 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 Karora Resources?
The danger of trading Karora Resources 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 Karora 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 Karora Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Karora Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karora Resources. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Karora Stock analysis
When running Karora Resources' price analysis, check to measure Karora 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 Karora Resources is operating at the current time. Most of Karora Resources' value examination focuses on studying past and present price action to predict the probability of Karora Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karora Resources' price. Additionally, you may evaluate how the addition of Karora Resources to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |