K2 Gold Stock Probability Of Bankruptcy

KTGDF Stock  USD 0.09  0.01  18.42%   
K2 Gold's likelihood of distress is over 50% at the present time. It has a moderate risk of going through some financial crunch in the next 2 years. K2 Gold's Probability Of Bankruptcy is determined by interpolating and adjusting KTGDF Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the KTGDF balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out K2 Gold Piotroski F Score and K2 Gold Altman Z Score analysis.
  

KTGDF Probability Of Bankruptcy Analysis

K2 Gold's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current K2 Gold Probability Of Bankruptcy

    
  Over 56%  
Most of K2 Gold's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, K2 Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of K2 Gold probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting K2 Gold odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of K2 Gold financial health.
Please note, there is a significant difference between K2 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if K2 Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K2 Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, K2 Gold has a Probability Of Bankruptcy of 56%. This is 26.3% higher than that of the Metals & Mining sector and 19.43% higher than that of the Materials industry. The probability of bankruptcy for all United States stocks is 40.6% lower than that of the firm.

KTGDF Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses K2 Gold's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of K2 Gold could also be used in its relative valuation, which is a method of valuing K2 Gold by comparing valuation metrics of similar companies.
K2 Gold is currently under evaluation in probability of bankruptcy category among related companies.

KTGDF Fundamentals

About K2 Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze K2 Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of K2 Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of K2 Gold based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
K2 Gold Corporation, a junior mineral exploration company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada. Kent Gida operates under Gold classification in the United States and is traded on OTC Exchange.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards K2 Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, K2 Gold's short interest history, or implied volatility extrapolated from K2 Gold options trading.

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Check out K2 Gold Piotroski F Score and K2 Gold Altman Z Score analysis.
Note that the K2 Gold information on this page should be used as a complementary analysis to other K2 Gold'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running K2 Gold's price analysis, check to measure K2 Gold'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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between K2 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if K2 Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, K2 Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.