Alx Uranium Corp Stock Analysis

ALX Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.55. Some equities with similar Price to Book (P/B) outperform the market in the long run. ALX Uranium Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:3 split on the 25th of September 2015. ALX Uranium Corp., primarily acquires, explores for, and develops uranium properties in Canada. ALX Uranium Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. ALX URANIUM operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. For more info on ALX Uranium Corp please contact Warren Stanyer at 604 629 0293 or go to https://alxresources.com.

ALX Uranium Corp Investment Alerts

ALX Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALX Uranium's market, we take the total number of its shares issued and multiply it by ALX Uranium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ALX Profitablity

Management Efficiency

ALX Uranium Corp has return on total asset (ROA) of (0.0889) % which means that it has lost $0.0889 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0861) %, meaning that it created substantial loss on money invested by shareholders. ALX Uranium's management efficiency ratios could be used to measure how well ALX Uranium manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.07 in 2024. Return On Capital Employed is likely to drop to -0.09 in 2024. Total Current Assets is likely to climb to about 2.2 M in 2024, whereas Total Assets are likely to drop slightly above 7.6 M in 2024.

Technical Drivers

As of the 25th of November, ALX Uranium shows the risk adjusted performance of 0.0911, and Mean Deviation of 5.88. ALX Uranium Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm ALX Uranium Corp risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if ALX Uranium Corp is priced some-what accurately, providing market reflects its regular price of 0.03 per share.

ALX Uranium Corp Price Movement Analysis

ALX Uranium Outstanding Bonds

ALX Uranium Predictive Daily Indicators

ALX Uranium Forecast Models

ALX Uranium's time-series forecasting models are one of many ALX Uranium's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary ALX Uranium's 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how ALX Uranium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ALX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ALX Uranium. By using and applying ALX Stock analysis, traders can create a robust methodology for identifying ALX entry and exit points for their positions.

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