Alkane Resources Limited Stock Analysis

Alkane Pink Sheet Analysis Notes

About 35.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.36. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alkane Resources had not issued any dividends in recent years. Alkane Resources Limited operates as a gold production company in Australia. Alkane Resources Limited was incorporated in 1969 and is headquartered in West Perth, Australia. Alkane Exploration operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Alkane Resources Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Alkane Resources Limited please contact the company at 61 8 9227 5677 or go to https://www.alkane.com.au.

Alkane Resources Investment Alerts

Alkane Resources Thematic Classifications

Alkane Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 269.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alkane Resources's market, we take the total number of its shares issued and multiply it by Alkane 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.

Alkane Profitablity

The company has Profit Margin (PM) of 0.43 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32.

Technical Drivers

As of the 27th of March, Alkane Resources shows the Mean Deviation of 3.52, risk adjusted performance of 0.0949, and Downside Deviation of 9.15. Alkane Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alkane Resources standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Alkane Resources is priced correctly, providing market reflects its regular price of 0.39 per share. As Alkane Resources appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Alkane Resources Price Movement Analysis

Alkane Resources Predictive Daily Indicators

Alkane Resources Forecast Models

Alkane Resources' time-series forecasting models are one of many Alkane Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Alkane 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 market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Alkane Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alkane shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Alkane Resources. By using and applying Alkane Pink Sheet analysis, traders can create a robust methodology for identifying Alkane entry and exit points for their positions.

When running Alkane Resources' price analysis, check to measure Alkane 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 Alkane Resources is operating at the current time. Most of Alkane Resources' value examination focuses on studying past and present price action to predict the probability of Alkane Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkane Resources' price. Additionally, you may evaluate how the addition of Alkane Resources to your portfolios can decrease your overall portfolio volatility.