Mkango Resources (UK) Performance
| MKA Stock | 7.65 0.25 3.16% |
On a scale of 0 to 100, Mkango Resources holds a performance score of 6. The company secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mkango Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mkango Resources is expected to be smaller as well. Please check Mkango Resources' jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Mkango Resources' current price movements will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Mkango Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Mkango Resources exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:3 | Last Split Date 2016-06-15 |
1 | Mkango Resources enlists Cohen Co as financial advisor - Investing.com | 11/26/2024 |
| Begin Period Cash Flow | 493.7 K |
Mkango |
Mkango Resources Relative Risk vs. Return Landscape
If you would invest 635.00 in Mkango Resources on September 13, 2024 and sell it today you would earn a total of 155.00 from holding Mkango Resources or generate 24.41% return on investment over 90 days. Mkango Resources is generating 0.5052% of daily returns and assumes 6.05% volatility on return distribution over the 90 days horizon. Simply put, 53% of stocks are less volatile than Mkango, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mkango Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mkango Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mkango Resources, and traders can use it to determine the average amount a Mkango 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 = 0.0835
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Estimated Market Risk
| 6.05 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mkango Resources is performing at about 6% 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 Mkango Resources by adding it to a well-diversified portfolio.
Mkango Resources Fundamentals Growth
Mkango Stock prices reflect investors' perceptions of the future prospects and financial health of Mkango Resources, and Mkango 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 Mkango Stock performance.
| Return On Equity | -1.15 | ||||
| Return On Asset | -0.35 | ||||
| Current Valuation | 24.8 M | ||||
| Shares Outstanding | 295.04 M | ||||
| Price To Book | 10.13 X | ||||
| EBITDA | (4.24 M) | ||||
| Net Income | (4.06 M) | ||||
| Total Debt | 4.73 M | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (3.56 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 9.29 M | ||||
| Retained Earnings | (46.59 M) | ||||
About Mkango Resources Performance
By analyzing Mkango Resources' fundamental ratios, stakeholders can gain valuable insights into Mkango Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mkango 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 Mkango Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mkango Resources is entity of United Kingdom. It is traded as Stock on LSE exchange.Things to note about Mkango Resources performance evaluation
Checking the ongoing alerts about Mkango Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mkango Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mkango Resources is way too risky over 90 days horizon | |
| Mkango Resources appears to be risky and price may revert if volatility continues | |
| Mkango Resources has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (4.06 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mkango Resources generates negative cash flow from operations | |
| About 37.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Mkango Resources enlists Cohen Co as financial advisor - Investing.com |
- Analyzing Mkango 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 Mkango Resources' stock is overvalued or undervalued compared to its peers.
- Examining Mkango 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 Mkango Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mkango Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mkango Resources' stock. These opinions can provide insight into Mkango Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Mkango Stock analysis
When running Mkango Resources' price analysis, check to measure Mkango 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 Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
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