King Resources Stock Probability of Future Pink Sheet Price Finishing Over 2.0E-4
| KRFG Stock | USD 0.0002 0.0001 100.00% |
King |
King Resources Target Price Odds to finish over 2.0E-4
The tendency of King Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 29.2 |
Based on a normal probability distribution, the odds of King Resources to move above the current price in 90 days from now is about 29.2 (This King Resources probability density function shows the probability of King Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days King Resources has a beta of -10.48. This indicates as returns on its benchmark rise, returns on holding King Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, King Resources is expected to outperform its benchmark. In addition to that King Resources has an alpha of 8.8317, implying that it can generate a 8.83 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). King Resources Price Density |
| Price |
Predictive Modules for King Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as King Resources. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.King Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. King Resources is not an exception. The market had few large corrections towards the King Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold King Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of King Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 8.83 | |
β | Beta against Dow Jones | -10.48 | |
σ | Overall volatility | 0.000042 | |
Ir | Information ratio | 0.17 |
King Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of King Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for King Resources can help investors quickly react to important events or material 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 |
King Resources Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of King Pink Sheet often depends not only on the future outlook of the current and potential King Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. King Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.8 B | |
| Cash And Short Term Investments | 14.9 K |
King Resources Technical Analysis
King Resources' future price can be derived by breaking down and analyzing its technical indicators over time. King Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of King Resources. In general, you should focus on analyzing King Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
King Resources Predictive Forecast Models
King Resources' time-series forecasting models is one of many King Resources' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary King 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 pink sheet market movement and maximize returns from investment trading.
Things to note about King Resources
Checking the ongoing alerts about King Resources for important developments is a great way to find new opportunities for your next move. Our stock 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 |
Other Information on Investing in King Pink Sheet
King Resources financial ratios help investors to determine whether King Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in King with respect to the benefits of owning King Resources security.