King Resources Stock Market Value
| KRFG Stock | USD 0.0002 0.0001 100.00% |
| Symbol | King |
King Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to King Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of King Resources.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in King Resources on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding King Resources or generate 0.0% return on investment in King Resources over 720 days. King Resources is related to or competes with Polar Power, NeoVolta Common, Pioneer Power, AFC Energy, Expion360, FuelCell Energy, and Microvast Holdings. King Resources, Inc., through its subsidiary, Powertech Corporation Limited, engages in the development of smart power s... More
King Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure King Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess King Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 44.62 | |||
| Information Ratio | 0.1165 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
King Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for King Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as King Resources' standard deviation. In reality, there are many statistical measures that can use King Resources historical prices to predict the future King Resources' volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 3.27 | |||
| Total Risk Alpha | 3.23 | |||
| Sortino Ratio | 0.0733 | |||
| Treynor Ratio | (2.49) |
King Resources Backtested Returns
King Resources is out of control given 3 months investment horizon. King Resources has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.69% are justified by taking the suggested risk. Use King Resources Mean Deviation of 14.46, downside deviation of 44.62, and Risk Adjusted Performance of 0.0926 to evaluate company specific risk that cannot be diversified away. King Resources holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.31, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning King Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, King Resources is expected to outperform it. Use King Resources treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on King Resources.
Auto-correlation | 0.09 |
Virtually no predictability
King Resources has virtually no predictability. Overlapping area represents the amount of predictability between King Resources time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of King Resources price movement. The serial correlation of 0.09 indicates that less than 9.0% of current King Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
King Resources lagged returns against current returns
Autocorrelation, which is King Resources pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting King Resources' pink sheet expected returns. We can calculate the autocorrelation of King Resources returns to help us make a trade decision. For example, suppose you find that King Resources has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
King Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If King Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if King Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in King Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
King Resources Lagged Returns
When evaluating King Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of King Resources pink sheet have on its future price. King Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, King Resources autocorrelation shows the relationship between King Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in King Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.