Kumba Iron Ore Stock Today
| KUMBF Stock | USD 23.67 0.00 0.00% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Kumba Iron is trading at 23.67 as of the 18th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 23.67. Kumba Iron has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Kumba Iron Ore are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore primarily in South Africa. Kumba Iron Ore Limited is a subsidiary of Anglo American plc. Kumba Iron is traded on OTC Exchange in the United States.. The company has 320.93 M outstanding shares. More on Kumba Iron Ore
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Kumba Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kumba Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kumba Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Themba Mkhwanazi |
| Business Concentration | Steel, Basic Materials (View all Sectors) |
Kumba Iron Ore [KUMBF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kumba Iron's market, we take the total number of its shares issued and multiply it by Kumba Iron'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. Kumba Iron Ore classifies itself under Basic Materials sector and is part of Steel industry. The entity has 320.93 M outstanding shares.
Kumba Iron Ore has accumulated about 17.92 B in cash with 48.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 55.83, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationKumba Iron Ore maintains a total of 320.93 Million outstanding shares. Kumba Iron Ore secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 69.77 % of Kumba Iron Ore outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Kumba Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Kumba Iron jumping above the current price in 90 days from now is about 37.11%. The Kumba Iron Ore probability density function shows the probability of Kumba Iron pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Kumba Iron Ore has a beta of -51.852. This indicates as returns on its benchmark rise, returns on holding Kumba Iron Ore are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kumba Iron is expected to outperform its benchmark. In addition to that, kumba Iron Ore has an alpha of 27.1745, implying that it can generate a 27.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kumba Iron to move above the current price in 90 days from now is about 37.11 (This Kumba Iron Ore probability density function shows the probability of Kumba Pink Sheet to fall within a particular range of prices over 90 days) .
Kumba Iron Ore Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kumba Iron market risk premium is the additional return an investor will receive from holding Kumba Iron long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kumba Iron. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Kumba Iron's alpha and beta are two of the key measurements used to evaluate Kumba Iron's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 51.63 | |||
| Standard Deviation | 213.27 | |||
| Variance | 45483.3 | |||
| Risk Adjusted Performance | 0.0834 |
Kumba Stock Against Markets
Picking the right benchmark for Kumba Iron pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kumba Iron pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kumba Iron is critical whether you are bullish or bearish towards Kumba Iron Ore at a given time. Please also check how Kumba Iron's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kumba Iron without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Kumba Iron Corporate Directors
Kumba Iron corporate directors refer to members of a Kumba Iron board of directors. The board of directors generally takes responsibility for the Kumba Iron's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kumba Iron's board members must vote for the resolution. The Kumba Iron board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Seamus French | Non-Executive Director | Profile | |
| Mary Bomela | Non-Executive Independent Director | Profile | |
| Nomalizo LangaRoyds | Non-Executive Independent Director | Profile | |
| Stephen Pearce | Non-Executive Director | Profile |
How to buy Kumba Pink Sheet?
Before investing in Kumba Iron, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kumba Iron. To buy Kumba Iron stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kumba Iron. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Kumba Iron stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kumba Iron Ore stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Kumba Iron Ore stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kumba Iron Ore, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Kumba Iron Ore?
The danger of trading Kumba Iron Ore is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kumba Iron is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kumba Iron. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kumba Iron Ore is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kumba Iron Ore. 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 labor statistics. Note that the Kumba Iron Ore information on this page should be used as a complementary analysis to other Kumba Iron's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Kumba Pink Sheet analysis
When running Kumba Iron's price analysis, check to measure Kumba Iron'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 Kumba Iron is operating at the current time. Most of Kumba Iron's value examination focuses on studying past and present price action to predict the probability of Kumba Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kumba Iron's price. Additionally, you may evaluate how the addition of Kumba Iron to your portfolios can decrease your overall portfolio volatility.
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