Eastern Platinum Limited Stock Buy Hold or Sell Recommendation

ELR Stock  CAD 0.14  0.02  12.50%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eastern Platinum Limited is 'Strong Sell'. The recommendation algorithm takes into account all of Eastern Platinum's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Eastern Platinum 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 Eastern and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Eastern Platinum Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Eastern Platinum Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Eastern PlatinumBuy Eastern Platinum
Strong Sell

Market Performance

WeakDetails

Volatility

Out of controlDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Eastern Platinum Limited has a Mean Deviation of 4.34, Semi Deviation of 4.61, Standard Deviation of 6.38, Variance of 40.76, Downside Variance of 54.19 and Semi Variance of 21.25
We provide trade advice to complement the prevailing expert consensus on Eastern Platinum. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Eastern Platinum is not overpriced, please confirm all Eastern Platinum fundamentals, including its current ratio, total asset, and the relationship between the cash and equivalents and earnings per share .

Eastern Platinum Trading Alerts and Improvement Suggestions

Eastern Platinum had very high historical volatility over the last 90 days
Eastern Platinum has some characteristics of a very speculative penny stock
About 50.0% of the company shares are held by company insiders

Eastern Platinum Returns Distribution Density

The distribution of Eastern Platinum's historical returns is an attempt to chart the uncertainty of Eastern Platinum's future price movements. The chart of the probability distribution of Eastern Platinum daily returns describes the distribution of returns around its average expected value. We use Eastern Platinum Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eastern Platinum returns is essential to provide solid investment advice for Eastern Platinum.
Mean Return
0.20
Value At Risk
-11.11
Potential Upside
12.50
Standard Deviation
6.38
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eastern Platinum 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.

Eastern Platinum Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(2.3M)(185K)431K245K15.7M16.5M
Free Cash Flow(9.4M)(912K)(5.1M)(8.3M)16.3M17.1M
Depreciation2.6M4.4M7.1M4.3M6.2M6.6M
Other Non Cash Items2.5M7.5M5.1M1.5M6.4M4.7M
Capital Expenditures589K2.5M6.0M2.8M2.6M2.5M
Net Income(924K)(9.2M)(2.6M)(2.5M)13.7M14.4M
End Period Cash Flow2.0M1.8M2.2M2.4M18.1M17.2M
Change To Inventory(32K)(470K)342K(6.4M)4.1M4.3M
Investments3.6M(1.7M)(4.0M)3.3M(5.2M)(4.9M)
Change To Netincome(419K)24K6.9M6.1M5.5M5.2M

Eastern Platinum 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 Eastern Platinum 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 Eastern Platinum's 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 Eastern 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 Dow Jones
0.08
β
Beta against Dow Jones0.94
σ
Overall volatility
6.42
Ir
Information ratio 0.01

Eastern Platinum Volatility Alert

Eastern Platinum Limited is displaying above-average volatility over the selected time horizon. Eastern Platinum Limited is a potential penny stock. Although Eastern Platinum may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Eastern Platinum Limited. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Eastern 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.

Eastern Platinum Fundamentals Vs Peers

Comparing Eastern Platinum's 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 Eastern Platinum's direct or indirect competition across all of the common fundamentals between Eastern Platinum and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eastern Platinum or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eastern Platinum's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eastern Platinum by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eastern Platinum to competition
FundamentalsEastern PlatinumPeer Average
Return On Equity0.0285-0.31
Return On Asset-0.0051-0.14
Profit Margin0.03 %(1.27) %
Operating Margin(0.52) %(5.51) %
Current Valuation21 M16.62 B
Shares Outstanding202.49 M571.82 M
Shares Owned By Insiders49.79 %10.09 %
Number Of Shares Shorted3.12 K4.71 M
Price To Earning220.00 X28.72 X
Price To Book0.22 X9.51 X
Price To Sales0.43 X11.42 X
Revenue106.94 M9.43 B
Gross Profit10.1 M27.38 B
EBITDA23.48 M3.9 B
Net Income13.75 M570.98 M
Cash And Equivalents1.13 M2.7 B
Cash Per Share0.05 X5.01 X
Total Debt1.48 M5.32 B
Debt To Equity0.73 %48.70 %
Current Ratio1.58 X2.16 X
Book Value Per Share0.47 X1.93 K
Cash Flow From Operations18.89 M971.22 M
Short Ratio0.07 X4.00 X
Earnings Per Share0.02 X3.12 X
Target Price0.74
Beta1.53-0.15
Market Capitalization32.4 M19.03 B
Total Asset160.77 M29.47 B
Retained Earnings(836.77 M)9.33 B
Working Capital(15.5 M)1.48 B
Current Asset59.33 M9.34 B
Current Liabilities3.62 M7.9 B
Net Asset160.77 M

Eastern Platinum Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eastern . 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 Eastern Platinum Buy or Sell Advice

When is the right time to buy or sell Eastern Platinum Limited? Buying financial instruments such as Eastern 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 Eastern Platinum 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 Energy ETFs Thematic Idea Now

Energy ETFs
Energy ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 91 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 Energy ETFs Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Eastern Stock

Eastern Platinum financial ratios help investors to determine whether Eastern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Platinum security.