Apex Resources Stock Analysis

Apex Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.5. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Apex Resources recorded a loss per share of 0.01. The entity last dividend was issued on the 18th of July 2016. The firm had 1:10 split on the 18th of July 2016. Apex Resources Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. The company was formerly known as Sultan Minerals Inc. and changed its name to Apex Resources Inc. in July 2016. Apex Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Apex Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Apex Resources contact Jay Roberge at 604 628 0519 or learn more at https://www.apxresources.com.

Apex Resources Investment Alerts

Apex Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apex Resources's market, we take the total number of its shares issued and multiply it by Apex Resources'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.

Technical Drivers

As of the 1st of February, Apex Resources shows the risk adjusted performance of (0.01), and Mean Deviation of 3.2. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Apex Resources, as well as the relationship between them. Please confirm Apex Resources coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Apex Resources is priced correctly, providing market reflects its regular price of 0.0275 per share. As Apex Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.

Apex Resources Price Movement Analysis

Apex Resources Predictive Daily Indicators

Apex Resources Forecast Models

Apex Resources' time-series forecasting models are one of many Apex Resources' pink sheet 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 Apex Resources' 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.

Apex Resources Debt to Cash Allocation

The company has a current ratio of 1.46, which is within standard range for the sector. Debt can assist Apex Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Apex Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apex Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apex to invest in growth at high rates of return. When we think about Apex Resources' use of debt, we should always consider it together with cash and equity.

Apex Resources Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Apex Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Apex Resources, which in turn will lower the firm's financial flexibility.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Apex Resources 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 Apex shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Apex Resources. By using and applying Apex Pink Sheet analysis, traders can create a robust methodology for identifying Apex entry and exit points for their positions.

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