Kenmare Resources (Ireland) Today
| KMR Stock | 3.90 0.08 2.09% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Kenmare Resources is selling at 3.90 as of the 24th of April 2024; that is 2.09 percent increase since the beginning of the trading day. The stock's lowest day price was 3.82. Kenmare Resources has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Kenmare Resources PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Moving together with Kenmare Stock
| 0.67 | BIRG | Bank of Ireland | PairCorr |
Moving against Kenmare Stock
| 0.53 | KRZ | Kerry Group | PairCorr |
Follow Valuation Odds of Bankruptcy
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Kenmare Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kenmare Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kenmare Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Kenmare Resources PLC (KMR) is traded on Irish Exchange in Ireland and employs 1,551 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 531.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kenmare Resources's market, we take the total number of its shares issued and multiply it by Kenmare Resources'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. Kenmare Resources PLC operates under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 94.92 M outstanding shares.
Kenmare Resources generates positive cash flow from operations, but has no cash available
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Ownership AllocationKenmare Resources PLC holds a total of 94.92 Million outstanding shares. Over half of Kenmare Resources' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Kenmare Resources PLC. Please watch out for any change in the institutional holdings of Kenmare Resources PLC as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Kenmare Ownership Details
Kenmare Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Kenmare Resources jumping above the current price in 90 days from now is about 11.51%. The Kenmare Resources PLC probability density function shows the probability of Kenmare Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Kenmare Resources has a beta of 0.0881. This indicates as returns on the market go up, Kenmare Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kenmare Resources PLC will be expected to be much smaller as well. Additionally, kenmare Resources PLC has an alpha of 0.0998, implying that it can generate a 0.0998 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kenmare Resources to move above the current price in 90 days from now is about 11.51 (This Kenmare Resources PLC probability density function shows the probability of Kenmare Stock to fall within a particular range of prices over 90 days) .
Kenmare Resources PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kenmare Resources market risk premium is the additional return an investor will receive from holding Kenmare Resources 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 Kenmare Resources. 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 Kenmare Resources' alpha and beta are two of the key measurements used to evaluate Kenmare Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.96 | |||
| Semi Deviation | 2.19 | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.5 |
Kenmare Stock Against Markets
Picking the right benchmark for Kenmare Resources stock 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 Kenmare Resources stock 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 Kenmare Resources is critical whether you are bullish or bearish towards Kenmare Resources PLC at a given time. Please also check how Kenmare Resources' 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 Kenmare Resources 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
Kenmare Resources Corporate Management
Elected by the shareholders, the Kenmare Resources' board of directors comprises two types of representatives: Kenmare Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kenmare. The board's role is to monitor Kenmare Resources' management team and ensure that shareholders' interests are well served. Kenmare Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kenmare Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeremy Dibb | Corp Mang | Profile | |
| Michael Carvill | MD Director | Profile | |
| Chelita Healy | Company Sec | Profile | |
| Terence Fitzpatrick | Group Technical | Profile | |
| Ben Baxter | Chief Officer | Profile | |
| Rajan Subberwal | G Counsel | Profile | |
| Thomas Hickey | Financial Director | Profile |
How to buy Kenmare Stock?
Before investing in Kenmare Resources, 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 Kenmare Resources. To buy Kenmare Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kenmare Resources. 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 Kenmare Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kenmare Resources PLC 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 Kenmare Resources PLC 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 Kenmare Resources PLC, 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 Kenmare Resources PLC?
The danger of trading Kenmare Resources PLC 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 Kenmare Resources 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 Kenmare Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kenmare Resources PLC 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 Kenmare Resources PLC. 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. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Kenmare Stock analysis
When running Kenmare Resources' price analysis, check to measure Kenmare Resources' 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 Kenmare Resources is operating at the current time. Most of Kenmare Resources' value examination focuses on studying past and present price action to predict the probability of Kenmare Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenmare Resources' price. Additionally, you may evaluate how the addition of Kenmare Resources to your portfolios can decrease your overall portfolio volatility.
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