Alkane Resources Financials
ALKEF Stock | USD 0.31 0.04 11.43% |
Alkane |
Understanding current and past Alkane Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alkane Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Alkane Resources' assets may result in an increase in income on the income statement.
Alkane Resources Stock Summary
Alkane Resources competes with Ucore Rare. 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.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 66 Kings Park |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.alkane.com.au |
Phone | 61 8 9227 5677 |
Currency | USD - US Dollar |
Alkane Resources Key Financial Ratios
There are many critical financial ratios that Alkane Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alkane Resources reports annually and quarterly.Alkane Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alkane Resources's current stock value. Our valuation model uses many indicators to compare Alkane Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alkane Resources competition to find correlations between indicators driving Alkane Resources's intrinsic value. More Info.Alkane Resources Limited is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alkane Resources Limited is roughly 2.76 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alkane Resources' earnings, one of the primary drivers of an investment's value.Alkane Resources Systematic Risk
Alkane Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alkane Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Alkane Resources correlated with the market. If Beta is less than 0 Alkane Resources generally moves in the opposite direction as compared to the market. If Alkane Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alkane Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alkane Resources is generally in the same direction as the market. If Beta > 1 Alkane Resources moves generally in the same direction as, but more than the movement of the benchmark.
Alkane Resources Thematic Clasifications
Alkane Resources Limited is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
Gold and Gold Mining | View |
Alkane Resources December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alkane Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alkane Resources Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alkane Resources Limited based on widely used predictive technical indicators. In general, we focus on analyzing Alkane Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alkane Resources's daily price indicators and compare them against related drivers.
Downside Deviation | 12.19 | |||
Information Ratio | 0.016 | |||
Maximum Drawdown | 50.0 | |||
Value At Risk | (12.90) | |||
Potential Upside | 16.67 |
Complementary Tools for Alkane Pink Sheet analysis
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.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |