Alx Resources Corp Stock Performance
| ALXEF Stock | USD 0.02 0.0005 2.78% |
On a scale of 0 to 100, ALX Resources holds a performance score of 5. The firm shows a Beta (market volatility) of -0.0844, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ALX Resources are expected to decrease at a much lower rate. During the bear market, ALX Resources is likely to outperform the market. Please check ALX Resources' value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether ALX Resources' price patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ALX Resources Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak technical and fundamental indicators, ALX Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.1 M | |
| Total Cashflows From Investing Activities | -897.9 K |
ALX |
ALX Resources Relative Risk vs. Return Landscape
If you would invest 1.69 in ALX Resources Corp on September 5, 2024 and sell it today you would earn a total of 0.16 from holding ALX Resources Corp or generate 9.47% return on investment over 90 days. ALX Resources Corp is currently producing 0.659% returns and takes up 10.331% volatility of returns over 90 trading days. Put another way, 91% of traded pink sheets are less volatile than ALX, and 87% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ALX Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALX Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as ALX Resources Corp, and traders can use it to determine the average amount a ALX Resources' 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 = 0.0638
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Estimated Market Risk
| 10.33 actual daily | 91 91% of assets are less volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average ALX Resources is performing at about 5% 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 ALX Resources by adding it to a well-diversified portfolio.
ALX Resources Fundamentals Growth
ALX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of ALX Resources, and ALX Resources 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 ALX Pink Sheet performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0774 | |||
| Current Valuation | 4.36 M | |||
| Shares Outstanding | 233.93 M | |||
| Price To Earning | 2.41 X | |||
| Price To Book | 0.69 X | |||
| EBITDA | (997.89 K) | |||
| Cash And Equivalents | 2.34 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 65.56 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (734.66 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 13.04 M | |||
About ALX Resources Performance
By analyzing ALX Resources' fundamental ratios, stakeholders can gain valuable insights into ALX Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALX Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ALX Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
ALX Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. ALX Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Alx Uranium operates under Uranium classification in the United States and is traded on OTC Exchange.Things to note about ALX Resources Corp performance evaluation
Checking the ongoing alerts about ALX Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for ALX Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALX Resources Corp is way too risky over 90 days horizon | |
| ALX Resources Corp has some characteristics of a very speculative penny stock | |
| ALX Resources Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.72 M) with loss before overhead, payroll, taxes, and interest of (4.42 K). | |
| ALX Resources Corp has accumulated about 2.34 M in cash with (734.66 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of the company shares are held by company insiders |
- Analyzing ALX Resources' 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 ALX Resources' stock is overvalued or undervalued compared to its peers.
- Examining ALX Resources' 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 ALX Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALX Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALX Resources' pink sheet. These opinions can provide insight into ALX Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ALX Pink Sheet analysis
When running ALX Resources' price analysis, check to measure ALX 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 ALX Resources is operating at the current time. Most of ALX Resources' value examination focuses on studying past and present price action to predict the probability of ALX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALX Resources' price. Additionally, you may evaluate how the addition of ALX Resources to your portfolios can decrease your overall portfolio volatility.
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