Elray Resources Stock Five Year Return

ELRA Stock  USD 0.0004  0.0001  20.00%   
Elray Resources fundamentals help investors to digest information that contributes to Elray Resources' financial success or failures. It also enables traders to predict the movement of Elray Pink Sheet. The fundamental analysis module provides a way to measure Elray Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elray Resources pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elray Resources Company Five Year Return Analysis

Elray Resources' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Five Year Return | All Equity Analysis
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition

According to the company disclosure, Elray Resources has a Five Year Return of 0.0%. This indicator is about the same for the Consumer Cyclical average (which is currently at 0.0) sector and about the same as Gambling (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Elray Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elray Resources' direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Elray Resources could also be used in its relative valuation, which is a method of valuing Elray Resources by comparing valuation metrics of similar companies.
Elray Resources is currently under evaluation in five year return category among its peers.

Elray Fundamentals

About Elray Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elray Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elray Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elray Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Elray Pink Sheet

Elray Resources financial ratios help investors to determine whether Elray Pink Sheet 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 Elray with respect to the benefits of owning Elray Resources security.