Akita Drilling Stock Performance
| AKT-A Stock | CAD 1.92 0.02 1.03% |
On a scale of 0 to 100, AKITA Drilling holds a performance score of 9. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AKITA Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding AKITA Drilling is expected to be smaller as well. Please check AKITA Drilling's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether AKITA Drilling's price patterns will revert.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in AKITA Drilling are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, AKITA Drilling unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 2:1 | Dividend Date 2019-07-03 | Ex Dividend Date 2019-06-18 | Last Split Date 2005-06-08 |
1 | 4 moves investors should make under a Trump presidency 2025-01-24 Investing News - Stockhouse Publishing | 01/24/2025 |
2 | Two profitable small-cap stocks to boost portfolio quality 2025-03-14 Investing News - Stockhouse Publishing | 03/14/2025 |
| Begin Period Cash Flow | 11.2 M |
AKITA |
AKITA Drilling Relative Risk vs. Return Landscape
If you would invest 161.00 in AKITA Drilling on December 22, 2024 and sell it today you would earn a total of 31.00 from holding AKITA Drilling or generate 19.25% return on investment over 90 days. AKITA Drilling is generating 0.3215% of daily returns and assumes 2.7513% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than AKITA, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AKITA Drilling Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKITA Drilling's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as AKITA Drilling, and traders can use it to determine the average amount a AKITA Drilling'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 = 0.1169
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AKT-A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average AKITA Drilling is performing at about 9% 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 AKITA Drilling by adding it to a well-diversified portfolio.
AKITA Drilling Fundamentals Growth
AKITA Stock prices reflect investors' perceptions of the future prospects and financial health of AKITA Drilling, and AKITA Drilling fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AKITA Stock performance.
| Return On Equity | 0.0786 | ||||
| Return On Asset | 0.0104 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 121.87 M | ||||
| Shares Outstanding | 38.08 M | ||||
| Price To Earning | (6.85) X | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 0.40 X | ||||
| Revenue | 193.32 M | ||||
| Gross Profit | 49.27 M | ||||
| EBITDA | 31.42 M | ||||
| Net Income | 12.86 M | ||||
| Cash And Equivalents | 6.68 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 97.26 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | 4.32 X | ||||
| Cash Flow From Operations | 30.26 M | ||||
| Earnings Per Share | 0.32 X | ||||
| Market Capitalization | 78.01 M | ||||
| Total Asset | 268.76 M | ||||
| Retained Earnings | 15.37 M | ||||
| Working Capital | 23.55 M | ||||
About AKITA Drilling Performance
Assessing AKITA Drilling's fundamental ratios provides investors with valuable insights into AKITA Drilling's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the AKITA Drilling is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.06 | |
| Return On Capital Employed | 0.07 | 0.13 | |
| Return On Assets | 0.05 | 0.06 | |
| Return On Equity | 0.08 | 0.08 |
Things to note about AKITA Drilling performance evaluation
Checking the ongoing alerts about AKITA Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for AKITA Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| AKITA Drilling may become a speculative penny stock | |
| AKITA Drilling is unlikely to experience financial distress in the next 2 years | |
| About 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Two profitable small-cap stocks to boost portfolio quality 2025-03-14 Investing News - Stockhouse Publishing |
- Analyzing AKITA Drilling's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether AKITA Drilling's stock is overvalued or undervalued compared to its peers.
- Examining AKITA Drilling's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating AKITA Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AKITA Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of AKITA Drilling's stock. These opinions can provide insight into AKITA Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for AKITA Stock Analysis
When running AKITA Drilling's price analysis, check to measure AKITA Drilling'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 AKITA Drilling is operating at the current time. Most of AKITA Drilling's value examination focuses on studying past and present price action to predict the probability of AKITA Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKITA Drilling's price. Additionally, you may evaluate how the addition of AKITA Drilling to your portfolios can decrease your overall portfolio volatility.