Is Kraken Robotics Inc.s Latest Stock Performance A Reflection Of Its Financial Health - Simply Wall St

KRKNF Stock  USD 1.49  0.04  2.76%   
Roughly 55% of Kraken Robotics' stockholders are presently thinking to get in. The analysis of current outlook of investing in Kraken Robotics suggests that some traders are interested regarding Kraken Robotics' prospects. The current market sentiment, together with Kraken Robotics' historical and current headlines, can help investors time the market. In addition, many technical investors use Kraken Robotics stock news signals to limit their universe of possible portfolio assets.
Kraken Robotics otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Kraken daily returns and investor perception about the current price of Kraken Robotics as well as its diversification or hedging effects on your existing portfolios.
  
Is Kraken Robotics Inc.s Latest Stock Performance A Reflection Of Its Financial Health Simply Wall St

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Kraken Robotics Fundamental Analysis

We analyze Kraken Robotics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kraken Robotics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kraken Robotics based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Z Score

Z Score Comparative Analysis

Kraken Robotics is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Kraken Robotics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kraken Robotics otc stock to make a market-neutral strategy. Peer analysis of Kraken Robotics could also be used in its relative valuation, which is a method of valuing Kraken Robotics by comparing valuation metrics with similar companies.

Peers

Kraken Robotics Related Equities

MLABMesa Laboratories   2.49   
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22.0%
GNSSGenasys   2.13   
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19.0%
SOTKSono Tek   1.52   
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13.0%
CPTNCepton   0.32   
0%
2.0%
VPGVishay Precision   0.36   
3.0%
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ITRIItron   0.59   
5.0%
0%
FTVFortive Corp   0.90   
8.0%
0%
ESEESCO Technologies   1.64   
14.0%
0%
FCUVFocus Universal   3.85   
34.0%
0%
NOVTNovanta   3.93   
35.0%
0%
KNWKnow Labs   4.17   
37.0%
0%
SVRESaverOne 2014   6.96   
62.0%
0%
NSCIFNanalysis Scientific   11.11   
100.0%
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Complementary Tools for Kraken OTC Stock analysis

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