Levels in Review for Kazakhstan Potash Corporation Limited (ASX:KPC)
Active investors are constantly trying to stay on top of the markets. Many investors may have to work through multiple trading strategies to find one that works for them. Some individuals may be looking to monitor stock price momentum by looking at different historical data. Kazakhstan Potash Corporation Limited (ASX:KPC) currently has a 6 month price index of 1.75000. The six month price index is simply measured by dividing the current share price by the share price six months ago. A ratio above one indicates an increase in share price over the six month period. A ratio below one indicates that the price has decreased over that specific period.
Traders might also be keeping an eye on the Piotroski Score or F-Score. The score is named after its developer Joseph Piotroski who created a ranking scale from 0-9 to help determine the financial strength of a company. Kazakhstan Potash Corporation Limited (ASX:KPC) currently has a Piotroski Score of 2. To arrive at this score, Piotroski gave one point for every piece of criteria met out of the nine considered. In terms of profitability, one point was given if there was a positive return on assets in the current year, one point if operating cash flow was positive in the current year, one point for higher ROA in the current period compared to ROA for the previous year, and one point for cash flow from operations greater than ROA. In terms of leverage and liquidity, one point was given for a lower ratio of long term debt in the current period compared to the previous year, one point was given for higher current ratio compared to the previous year, and one point if no new shares were issued in the last year. In terms of operating efficiency, one point was given for higher gross margin compared to the previous year, and one point was given for a higher asset turnover ratio compared to the previous year. In general, a stock with a score of 8 or 9 would be considered strong while a stock with a score from 0-2 would be considered weak.
Investors may also be watching company stock volatility data. Kazakhstan Potash Corporation Limited (ASX:KPC)’s 12 month volatility is presently 114.355800. The 6 month volatility is 219.343500, and the 3 month is noted at 93.646100. Stock price volatility may be used to identify changes in market trends. When markets become very volatile, this may point to a change in investor sentiment. Watching volatility in combination with other technical indicators may help investors discover important trading information.
Diving in a bit further, we can take a quick look at the Q.i. (Liquidity) Value. Kazakhstan Potash Corporation Limited (ASX:KPC) has a present Q.i. value of 50.00000. This value ranks stocks using EBITDA yield, FCF yield, earnings yield and liquidity ratios. The Q.i. value may help spot companies that are undervalued. A larger value would represent low turnover and a higher chance of shares being mispriced. A lower value may indicate larger traded value meaning more sell-side analysts may cover the company leading to a smaller chance shares are priced improperly.
Investors keeping an eye on shares of Kazakhstan Potash Corporation Limited (ASX:KPC) may be examining the company’s FCF or Free Cash Flow. FCF is a measure of the financial performance of a company. FCF is calculated by subtracting capital expenditures from operating cash flow. Currently, Kazakhstan Potash Corporation Limited (ASX:KPC) has an FCF score of . The FCF score is an indicator that is calculated by combining free cash flow stability with free cash flow growth. Typically, a higher FCF score value would indicate high free cash flow growth. The company currently has an FCF quality score of -6.681561. The free quality score helps estimate free cash flow stability. FCF quality is calculated as the 12 ltm cash flow per share over the average of the cash flow numbers. With this score, it is generally considered that the lower the ratio, the better.
Kazakhstan Potash Corporation Limited engages in the identification, acquisition, exploration, and development of resource projects. The company focuses on potash, gold, nickel, and copper deposits. It primarily has interests in Zhilyanskoye and Chelkarskoye potash deposits in the Republic of Kazakhstan. The company has strategic cooperation agreement CITIC Construction Co., Ltd for the development of potash projects in Kazakhstan. The company was formerly known as Fortis Mining Limited and changed its name to Kazakhstan Potash Corporation Limited in December 2012. Kazakhstan Potash Corporation Limited was founded in 2010 and is based in Melbourne, Australia.