Karnalyte Resources Stock Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Karnalyte Resources are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Karnalyte Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Karnalyte Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 4.8 M | |
| Total Cashflows From Investing Activities | -422 K |
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Karnalyte Resources Relative Risk vs. Return Landscape
If you would invest (100.00) in Karnalyte Resources on January 31, 2024 and sell it today you would earn a total of 100.00 from holding Karnalyte Resources or generate -100.0% return on investment over 90 days. Karnalyte Resources is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Karnalyte, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Karnalyte Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karnalyte Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Karnalyte Resources, and traders can use it to determine the average amount a Karnalyte 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 = 0.0
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Based on monthly moving average Karnalyte Resources is not performing at its full potential. However, 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 Karnalyte Resources by adding Karnalyte Resources to a well-diversified portfolio.
Karnalyte Resources Fundamentals Growth
Karnalyte Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Karnalyte Resources, and Karnalyte 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 Karnalyte Pink Sheet performance.
| Return On Equity | -0.24 | |||
| Return On Asset | -0.19 | |||
| Current Valuation | 8.14 M | |||
| Shares Outstanding | 53.28 M | |||
| Price To Earning | (3.19) X | |||
| Price To Book | 1.57 X | |||
| EBITDA | (2.11 M) | |||
| Cash And Equivalents | 973 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 12 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (2.56 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 8.39 M | |||
About Karnalyte Resources Performance
To evaluate Karnalyte Resources Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Karnalyte Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Karnalyte Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Karnalyte Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Karnalyte's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Karnalyte Resources Inc. explores for and develops agricultural and industrial potash, nitrogen, and magnesium products in Canada. Karnalyte Resources Inc. was incorporated in 2007 and is headquartered in Saskatoon, Canada. Karnalyte Res operates under Agricultural Inputs classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Karnalyte Resources performance evaluation
Checking the ongoing alerts about Karnalyte Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Karnalyte Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Karnalyte Resources is not yet fully synchronised with the market data | |
| Karnalyte Resources has some characteristics of a very speculative penny stock | |
| Karnalyte Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Karnalyte Resources has accumulated about 973 K in cash with (2.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Karnalyte 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 Karnalyte Resources' stock is overvalued or undervalued compared to its peers.
- Examining Karnalyte 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 Karnalyte Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Karnalyte Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Karnalyte Resources' pink sheet. These opinions can provide insight into Karnalyte Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karnalyte Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Karnalyte Pink Sheet analysis
When running Karnalyte Resources' price analysis, check to measure Karnalyte 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 Karnalyte Resources is operating at the current time. Most of Karnalyte Resources' value examination focuses on studying past and present price action to predict the probability of Karnalyte Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karnalyte Resources' price. Additionally, you may evaluate how the addition of Karnalyte Resources to your portfolios can decrease your overall portfolio volatility.
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