Kirkland Lake Gold 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 Kirkland Lake are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Kirkland Lake Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent essential indicators, Kirkland Lake is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Quick Ratio | 2.46 | |
Fifty Two Week Low | 31.72 | |
Target High Price | 50.00 | |
Payout Ratio | 22.52% | |
Fifty Two Week High | 46.98 | |
Target Low Price | 40.00 | |
Trailing Annual Dividend Yield | 1.92% |
Kirkland |
Kirkland Lake Relative Risk vs. Return Landscape
If you would invest (100.00) in Kirkland Lake Gold on January 20, 2024 and sell it today you would earn a total of 100.00 from holding Kirkland Lake Gold or generate -100.0% return on investment over 90 days. Kirkland Lake Gold is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Put differently, 0% of stocks are less risky than Kirkland on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
Risk |
Kirkland Lake Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kirkland Lake's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kirkland Lake Gold, and traders can use it to determine the average amount a Kirkland Lake's 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 Kirkland Lake 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 Kirkland Lake by adding Kirkland Lake to a well-diversified portfolio.
Kirkland Lake Fundamentals Growth
Kirkland Stock prices reflect investors' perceptions of the future prospects and financial health of Kirkland Lake, and Kirkland Lake 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 Kirkland Stock performance.
Return On Equity | 17.37 | |||
Return On Asset | 11.66 | |||
Profit Margin | 34.70 % | |||
Operating Margin | 51.07 % | |||
Current Valuation | 10.21 B | |||
Shares Outstanding | 263.7 M | |||
Price To Earning | 11.70 X | |||
Price To Book | 1.92 X | |||
Price To Sales | 3.99 X | |||
Revenue | 2.57 B | |||
EBITDA | 1.76 B | |||
Cash And Equivalents | 822.42 M | |||
Cash Per Share | 3.12 X | |||
Total Debt | 22.78 M | |||
Debt To Equity | 0 % | |||
Book Value Per Share | 20.23 X | |||
Cash Flow From Operations | 1.28 B | |||
Earnings Per Share | 3.33 X | |||
Total Asset | 1.65 B | |||
Retained Earnings | 957.06 M | |||
Current Asset | 365.28 M | |||
Current Liabilities | 166.67 M | |||
Things to note about Kirkland Lake Gold performance evaluation
Checking the ongoing alerts about Kirkland Lake for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kirkland Lake Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Kirkland Lake Gold is not yet fully synchronised with the market data | |
Kirkland Lake Gold has some characteristics of a very speculative penny stock | |
Kirkland Lake Gold has a very high chance of going through financial distress in the upcoming years | |
About 65.0% of the company shares are owned by institutional investors |
- Analyzing Kirkland Lake's 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 Kirkland Lake's stock is overvalued or undervalued compared to its peers.
- Examining Kirkland Lake's 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 Kirkland Lake's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kirkland Lake's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kirkland Lake's stock. These opinions can provide insight into Kirkland Lake's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Kirkland Stock
If you are still planning to invest in Kirkland Lake Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kirkland Lake's history and understand the potential risks before investing.
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