King Resources Stock Probability of Future Pink Sheet Price Finishing Over 1.76E-4

KRFG Stock  USD 0.0002  0.0001  33.33%   
King Resources' future price is the expected price of King Resources instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of King Resources performance during a given time horizon utilizing its historical volatility. Check out King Resources Backtesting, King Resources Valuation, King Resources Correlation, King Resources Hype Analysis, King Resources Volatility, King Resources History as well as King Resources Performance.
  
Please specify King Resources' target price for which you would like King Resources odds to be computed.

King Resources Target Price Odds to finish over 1.76E-4

The tendency of King Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 0.0002  in 90 days
 0.0002 90 days 0.0002 
about 50.87
Based on a normal probability distribution, the odds of King Resources to stay above $ 0.0002  in 90 days from now is about 50.87 (This King Resources probability density function shows the probability of King Pink Sheet to fall within a particular range of prices over 90 days) . Probability of King Resources price to stay between $ 0.0002  and its current price of $2.0E-4 at the end of the 90-day period is about 20.01 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.99 . 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, King Resources will likely underperform. In addition to that King Resources has an alpha of 6.8816, implying that it can generate a 6.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   King Resources Price Density   
       Price  

Predictive Modules for King Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as King Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.000239.38
Details
Intrinsic
Valuation
LowRealHigh
0.000.000239.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as King Resources. Your research has to be compared to or analyzed against King Resources' peers to derive any actionable benefits. When done correctly, King Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in King Resources.

King Resources Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. King Resources is not an exception. The market had few large corrections towards the King Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold King Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of King Resources within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
6.88
β
Beta against Dow Jones1.99
σ
Overall volatility
0.000046
Ir
Information ratio 0.18

King Resources Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of King Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for King Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
King Resources is way too risky over 90 days horizon
King Resources has some characteristics of a very speculative penny stock
King Resources appears to be risky and price may revert if volatility continues
King Resources currently holds 1.88 M in liabilities. King Resources has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist King Resources until it has trouble settling it off, either with new capital or with free cash flow. So, King Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like King Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for King to invest in growth at high rates of return. When we think about King Resources' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 385.41 K. Net Loss for the year was (60.17 K) with profit before overhead, payroll, taxes, and interest of 317.36 K.
About 77.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: Disposition of 2128 shares by Michael Bishop of FuelCell Energy at 12.56 subject to Rule 16b-3

King Resources Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of King Pink Sheet often depends not only on the future outlook of the current and potential King Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. King Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding7.8 B
Cash And Short Term Investments14.9 K

King Resources Technical Analysis

King Resources' future price can be derived by breaking down and analyzing its technical indicators over time. King Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of King Resources. In general, you should focus on analyzing King Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

King Resources Predictive Forecast Models

King Resources' time-series forecasting models is one of many King Resources' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary King Resources' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.

Things to note about King Resources

Checking the ongoing alerts about King Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for King Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
King Resources is way too risky over 90 days horizon
King Resources has some characteristics of a very speculative penny stock
King Resources appears to be risky and price may revert if volatility continues
King Resources currently holds 1.88 M in liabilities. King Resources has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist King Resources until it has trouble settling it off, either with new capital or with free cash flow. So, King Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like King Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for King to invest in growth at high rates of return. When we think about King Resources' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 385.41 K. Net Loss for the year was (60.17 K) with profit before overhead, payroll, taxes, and interest of 317.36 K.
About 77.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: Disposition of 2128 shares by Michael Bishop of FuelCell Energy at 12.56 subject to Rule 16b-3

Other Information on Investing in King Pink Sheet

King Resources financial ratios help investors to determine whether King Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in King with respect to the benefits of owning King Resources security.