Edison Cobalt Financials
| EDDYF Stock | USD 0.06 0.01 17.06% |
Edison |
Understanding current and past Edison Cobalt Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Edison Cobalt's financial statements are interrelated, with each one affecting the others. For example, an increase in Edison Cobalt's assets may result in an increase in income on the income statement.
Edison Cobalt Stock Summary
Edison Cobalt competes with Aurelia Metals, Centaurus Metals, and Adriatic Metals. Edison Lithium Corp., a junior mining exploration company, engages in the procurement, exploration, and development of mineral properties. Edison Lithium Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. Edison Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1130 West Pender |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.edisonlithium.com |
| Phone | 416 526 3217 |
| Currency | USD - US Dollar |
Edison Cobalt Key Financial Ratios
There are many critical financial ratios that Edison Cobalt's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Edison Cobalt Corp reports annually and quarterly.| Return On Equity | -0.14 | |||
| Return On Asset | -0.0907 | |||
| Beta | 0.67 |
Edison Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Edison Cobalt's current stock value. Our valuation model uses many indicators to compare Edison Cobalt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Edison Cobalt competition to find correlations between indicators driving Edison Cobalt's intrinsic value. More Info.Edison Cobalt Corp is rated # 3 in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Edison Cobalt's earnings, one of the primary drivers of an investment's value.Edison Cobalt Corp Systematic Risk
Edison Cobalt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Edison Cobalt volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Edison Cobalt Corp correlated with the market. If Beta is less than 0 Edison Cobalt generally moves in the opposite direction as compared to the market. If Edison Cobalt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Edison Cobalt Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Edison Cobalt is generally in the same direction as the market. If Beta > 1 Edison Cobalt moves generally in the same direction as, but more than the movement of the benchmark.
Edison Cobalt November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Edison Cobalt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Edison Cobalt Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Edison Cobalt Corp based on widely used predictive technical indicators. In general, we focus on analyzing Edison Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Edison Cobalt's daily price indicators and compare them against related drivers.
| Downside Deviation | 20.82 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 87.64 | |||
| Value At Risk | (20.14) | |||
| Potential Upside | 31.94 |
Complementary Tools for Edison Pink Sheet analysis
When running Edison Cobalt's price analysis, check to measure Edison Cobalt'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 Edison Cobalt is operating at the current time. Most of Edison Cobalt's value examination focuses on studying past and present price action to predict the probability of Edison Cobalt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison Cobalt's price. Additionally, you may evaluate how the addition of Edison Cobalt to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |