Should I trust KLONDIKE GOLD management in August 2020?
 | By Raphi Shpitalnik | Macroaxis Story |
In this story, I am going to address all latest KLONDIKE GOLD shareholders. I will look into why, despite the latest dip, the longer-term fundamental drivers of the firm are still sound. KLONDIKE GOLD CORP probability of bankruptcy is under 67%. What is KLONDIKE GOLD Target Price Odds to finish over Current Price? Based on a normal probability distribution, the odds of KLONDIKE GOLD to move above the current price in 30 days from now is under 4%. The KLONDIKE GOLD CORP probability density function shows the probability of KLONDIKE GOLD OTC Stock to fall within a particular range of prices over 30 days. Assuming the 30 trading days horizon, KLONDIKE GOLD has a beta of 0.5088 . This indicates as returns on the market go up, KLONDIKE GOLD average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding KLONDIKE GOLD CORP will be expected to be much smaller as well. Moreover, the company has an alpha of 1.0413, implying that it can generate a 1.04 percent excess return over DOW after adjusting for the inherited market risk (beta).
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Reviewed by Rifka Kats
This firm has a current ratio of 1.48, which is within standard range for the sector. KLONDIKE GOLD CORP secures a negative usage of assets of -3.8 %, losing $0.038 for each dollar of assets held by the firm. Ineffective asset utilization conveys that the company is being less competent with each dollar of assets it secures. Strictly speaking asset utilization of KLONDIKE GOLD CORP shows how unsuccessful it operates for each dollar spent on its assets. Now, let's check KLONDIKE GOLD Shares Owned by Insiders. Based on the latest financial disclosure 29.62% of KLONDIKE GOLD CORP are shares owned by insiders. This is much higher than that of the sector, and significantly higher than that of Shares Owned by Insiders industry, The Shares Owned by Insiders for all stocks is notably lower than KLONDIKE GOLD CORP.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Klondike or Almadex is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step. 
How important is Klondike Gold's Liquidity
Klondike Gold financial leverage refers to using borrowed capital as a funding source to finance Klondike Gold Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Klondike Gold financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Klondike Gold's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Klondike Gold's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Klondike Gold's total debt and its cash.
Correlation Between Klondike and Almadex Minerals
In general, OTC analysis is a method for investors and traders to make individual buying and selling decisions. OTC Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Klondike Gold together with similar or unrelated positions with a negative correlation. For example, you can also add Almadex Minerals to your portfolio. If Almadex Minerals is not perfectly correlated to Klondike Gold it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Klondike Gold, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Klondike Gold and Almadex Minerals in your portfolio? Please note if you are using this as a pair-trade strategy between Klondike Gold and Almadex Minerals, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check pair correlation details between KDKGF and AAMMF for more information.What is driving Klondike Gold Investor Appetite?
KLONDIKE GOLD discloses 2.79 m in cash and equivalents. Net Loss for the year was (1.13 M). The company has a beta of 0.5088. Let's try to break down what KLONDIKE's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, KLONDIKE GOLD will likely underperform. The beta indicator helps investors understand whether KLONDIKE GOLD moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if KLONDIKE deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The latest price spikes of KLONDIKE GOLD CORP may raise some interest from investors. The stock closed today at a share price of 0.24 on very low momentum in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in August. The stock standard deviation of daily returns for 30 days investing horizon is currently 7.41. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the KLONDIKE GOLD CORP partners.
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