Zincx Resources Corp Stock Buy Hold or Sell Recommendation

ZNX Stock  CAD 0.07  0.01  12.50%   
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding ZincX Resources Corp is 'Not Rated'. Macroaxis provides ZincX Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZNX positions. The advice algorithm takes into account all of ZincX Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ZincX Resources' buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
0.07
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ZincX Resources Corp given historical horizon and risk tolerance towards ZincX Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for ZincX Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out ZincX Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as ZincX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards ZincX Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute ZincX Resources Buy or Sell Advice

The ZincX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ZincX Resources Corp. Macroaxis does not own or have any residual interests in ZincX Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ZincX Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell ZincX ResourcesBuy ZincX Resources
Sell

Market Performance

ModestDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

AverageDetails

Economic Sensitivity

Moves totally opposite to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon ZincX Resources Corp has a Mean Deviation of 3.73, Semi Deviation of 4.64, Standard Deviation of 6.99, Variance of 48.85, Downside Variance of 198.24 and Semi Variance of 21.54
We provide recommendation to complement the prevalent expert consensus on ZincX Resources Corp. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure ZincX Resources Corp is not overpriced, please check out all ZincX Resources Corp fundamentals, including its current ratio, as well as the relationship between the beta and net asset .

ZincX Resources Trading Alerts and Improvement Suggestions

ZincX Resources Corp had very high historical volatility over the last 90 days
ZincX Resources Corp has some characteristics of a very speculative penny stock
ZincX Resources Corp has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (564.66 K) with profit before overhead, payroll, taxes, and interest of 0.
ZincX Resources Corp has accumulated about 3.72 M in cash with (546.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 27.0% of the company outstanding shares are owned by insiders

ZincX Resources Returns Distribution Density

The distribution of ZincX Resources' historical returns is an attempt to chart the uncertainty of ZincX Resources' future price movements. The chart of the probability distribution of ZincX Resources daily returns describes the distribution of returns around its average expected value. We use ZincX Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ZincX Resources returns is essential to provide solid investment advice for ZincX Resources.
Mean Return
0.48
Value At Risk
-12.5
Potential Upside
14.29
Standard Deviation
6.99
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ZincX Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

ZincX Resources Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ZincX Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ZincX Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ZincX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.62
β
Beta against NYSE Composite-1.22
σ
Overall volatility
6.99
Ir
Information ratio 0.05

ZincX Resources Volatility Alert

ZincX Resources Corp is showing large volatility of returns over the selected time horizon. ZincX Resources Corp is a penny stock. Although ZincX Resources may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in ZincX Resources Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on ZincX instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

ZincX Resources Fundamentals Vs Peers

Comparing ZincX Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ZincX Resources' direct or indirect competition across all of the common fundamentals between ZincX Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as ZincX Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ZincX Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing ZincX Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ZincX Resources to competition
FundamentalsZincX ResourcesPeer Average
Return On Equity-0.0174-0.31
Return On Asset-0.0122-0.14
Current Valuation13.03 M16.62 B
Shares Outstanding187.9 M571.82 M
Shares Owned By Insiders26.61 %10.09 %
Shares Owned By Institutions1.33 %39.21 %
Number Of Shares Shorted8914.71 M
Price To Book0.58 X9.51 X
EBITDA(983.47 K)3.9 B
Net Income(564.66 K)570.98 M
Cash And Equivalents3.72 M2.7 B
Cash Per Share0.02 X5.01 X
Total Debt38.06 K5.32 B
Current Ratio10.85 X2.16 X
Book Value Per Share0.13 X1.93 K
Cash Flow From Operations(546.78 K)971.22 M
Short Ratio0.02 X4.00 X
Number Of Employees1218.84 K
Beta1.46-0.15
Market Capitalization14.09 M19.03 B
Total Asset26.1 M29.47 B
Retained Earnings(94.85 M)9.33 B
Working Capital(158.25 K)1.48 B
Net Asset26.1 M

ZincX Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ZincX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About ZincX Resources Buy or Sell Advice

When is the right time to buy or sell ZincX Resources Corp? Buying financial instruments such as ZincX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having ZincX Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumer Funds Thematic Idea Now

Consumer Funds
Consumer Funds Theme
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Funds Theme or any other thematic opportunities.
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Check out ZincX Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Please note, there is a significant difference between ZincX Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZincX Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZincX Resources' 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.