King Resources Stock Performance
| KRFG Stock | USD 0.0002 0.0001 33.33% |
King Resources holds a performance score of 14 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. King Resources returns are very sensitive to returns on the market. As the market goes up or down, King Resources is expected to follow. Use King Resources treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on King Resources.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in King Resources are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting technical and fundamental indicators, King Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 42.5 K | |
| Total Cashflows From Investing Activities | -8087.00 |
King |
King Resources Relative Risk vs. Return Landscape
If you would invest 0.01 in King Resources on September 14, 2024 and sell it today you would earn a total of 0.01 from holding King Resources or generate 100.0% return on investment over 90 days. King Resources is currently generating 7.2917% in daily expected returns and assumes 39.3818% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than King, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
King Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for King Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as King Resources, and traders can use it to determine the average amount a King 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 = 0.1852
| Best Portfolio | Best Equity | KRFG | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 39.38 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average King Resources is performing at about 14% 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 King Resources by adding it to a well-diversified portfolio.
King Resources Fundamentals Growth
King Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of King Resources, and King 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 King Pink Sheet performance.
| Return On Asset | -0.93 | |||
| Profit Margin | (1.61) % | |||
| Operating Margin | (1.53) % | |||
| Current Valuation | 3.88 M | |||
| Shares Outstanding | 5.48 B | |||
| Price To Sales | 7.38 X | |||
| Revenue | 385.41 K | |||
| EBITDA | (17.17 K) | |||
| Cash And Equivalents | 479.29 K | |||
| Total Debt | 1.88 M | |||
| Cash Flow From Operations | 86.11 K | |||
| Total Asset | 188.07 K | |||
| Retained Earnings | (17.09 M) | |||
| Current Liabilities | 971 K | |||
About King Resources Performance
By analyzing King Resources' fundamental ratios, stakeholders can gain valuable insights into King Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if King 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 King Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
King Resources, Inc., through its subsidiary, Powertech Corporation Limited, engages in the development of smart power supply solutions and products. King Resources, Inc. was incorporated in 1995 and is based in Fo Tan, Hong Kong. King Resources is traded on OTC Exchange in the United States.Things to note about King Resources performance evaluation
Checking the ongoing alerts about King Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet 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: NeoVolta and Expion360 Announce LOI to Advance Battery Manufacturing and Product Design |
- Analyzing King 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 King Resources' stock is overvalued or undervalued compared to its peers.
- Examining King 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 King Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of King Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of King Resources' pink sheet. These opinions can provide insight into King Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for King Pink Sheet analysis
When running King Resources' price analysis, check to measure King 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 King Resources is operating at the current time. Most of King Resources' value examination focuses on studying past and present price action to predict the probability of King Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move King Resources' price. Additionally, you may evaluate how the addition of King Resources to your portfolios can decrease your overall portfolio volatility.
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