Zincx Resources Corp Stock Buy Hold or Sell Recommendation
| ZNX Stock | CAD 0.08 0.01 11.11% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding ZincX Resources Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ZincX Resources Corp given historical horizon and risk tolerance towards ZincX Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for ZincX Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ZincX Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as ZincX and provide practical buy, sell, or hold advice based on investors' constraints. ZincX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
ZincX |
Execute ZincX Resources Buy or Sell Advice
The ZincX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ZincX Resources Corp. Macroaxis does not own or have any residual interests in ZincX Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ZincX Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ZincX Resources Trading Alerts and Improvement Suggestions
| ZincX Resources Corp generated a negative expected return over the last 90 days | |
| ZincX Resources Corp has some characteristics of a very speculative penny stock | |
| ZincX Resources Corp has high historical volatility and very poor performance | |
| ZincX Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (564.66 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| ZincX Resources Corp has accumulated about 3.72 M in cash with (546.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders |
ZincX Resources Returns Distribution Density
The distribution of ZincX Resources' historical returns is an attempt to chart the uncertainty of ZincX Resources' future price movements. The chart of the probability distribution of ZincX Resources daily returns describes the distribution of returns around its average expected value. We use ZincX Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ZincX Resources returns is essential to provide solid investment advice for ZincX Resources.
| Mean Return | -0.1 | Value At Risk | -10 | Potential Upside | 11.11 | Standard Deviation | 4.30 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ZincX Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ZincX Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ZincX Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ZincX Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ZincX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 4.30 | |
Ir | Information ratio | -0.05 |
ZincX Resources Volatility Alert
ZincX Resources Corp exhibits very low volatility with skewness of 0.18 and kurtosis of 4.52. ZincX Resources Corp is a penny stock. Although ZincX Resources may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in ZincX Resources Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on ZincX instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.ZincX Resources Fundamentals Vs Peers
Comparing ZincX Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ZincX Resources' direct or indirect competition across all of the common fundamentals between ZincX Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as ZincX Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ZincX Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing ZincX Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ZincX Resources to competition |
| Fundamentals | ZincX Resources | Peer Average |
| Return On Equity | -0.0366 | -0.31 |
| Return On Asset | -0.0237 | -0.14 |
| Current Valuation | 13.03 M | 16.62 B |
| Shares Outstanding | 187.9 M | 571.82 M |
| Shares Owned By Insiders | 26.61 % | 10.09 % |
| Shares Owned By Institutions | 1.33 % | 39.21 % |
| Number Of Shares Shorted | 391 | 4.71 M |
| Price To Book | 0.59 X | 9.51 X |
| EBITDA | (948.81 K) | 3.9 B |
| Net Income | (564.66 K) | 570.98 M |
| Cash And Equivalents | 3.72 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 1.49 M | 5.32 B |
| Current Ratio | 10.85 X | 2.16 X |
| Book Value Per Share | 0.13 X | 1.93 K |
| Cash Flow From Operations | (546.78 K) | 971.22 M |
| Short Ratio | 0.01 X | 4.00 X |
| Number Of Employees | 6 | 18.84 K |
| Beta | 1.34 | -0.15 |
| Market Capitalization | 14.09 M | 19.03 B |
| Total Asset | 26.1 M | 29.47 B |
| Retained Earnings | (94.85 M) | 9.33 B |
| Working Capital | (158.25 K) | 1.48 B |
| Net Asset | 26.1 M |
ZincX Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ZincX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.08 | |||
| Day Typical Price | 0.08 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 41.11 |
About ZincX Resources Buy or Sell Advice
When is the right time to buy or sell ZincX Resources Corp? Buying financial instruments such as ZincX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for ZincX Stock Analysis
When running ZincX Resources' price analysis, check to measure ZincX 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.