Eloro Resources Stock Performance
| ELRRF Stock | USD 0.71 0.05 7.58% |
The firm shows a Beta (market volatility) of -0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eloro Resources are expected to decrease at a much lower rate. During the bear market, Eloro Resources is likely to outperform the market. Eloro Resources right now shows a risk of 5.62%. Please confirm Eloro Resources sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Eloro Resources will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Eloro Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Eloro Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 28.3 M | |
| Total Cashflows From Investing Activities | -17.4 M |
Eloro |
Eloro Resources Relative Risk vs. Return Landscape
If you would invest 76.00 in Eloro Resources on September 13, 2024 and sell it today you would lose (5.00) from holding Eloro Resources or give up 6.58% of portfolio value over 90 days. Eloro Resources is currently producing 0.0367% returns and takes up 5.6205% volatility of returns over 90 trading days. Put another way, 50% of traded otc stocks are less volatile than Eloro, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eloro Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eloro Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Eloro Resources, and traders can use it to determine the average amount a Eloro Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0065
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Estimated Market Risk
| 5.62 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eloro Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eloro Resources by adding Eloro Resources to a well-diversified portfolio.
Eloro Resources Fundamentals Growth
Eloro OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Eloro Resources, and Eloro Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eloro OTC Stock performance.
| Return On Equity | -0.26 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | 172.97 M | |||
| Shares Outstanding | 73.5 M | |||
| Price To Earning | (16.51) X | |||
| Price To Book | 5.31 X | |||
| EBITDA | (7.06 M) | |||
| Cash And Equivalents | 14.45 M | |||
| Cash Per Share | 0.21 X | |||
| Total Debt | 206.6 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.66 X | |||
| Cash Flow From Operations | (3.33 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 37.9 M | |||
About Eloro Resources Performance
By analyzing Eloro Resources' fundamental ratios, stakeholders can gain valuable insights into Eloro Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eloro Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eloro Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Eloro Resources Ltd. engages in the exploration and development of mineral properties. Eloro Resources Ltd. was incorporated in 1975 and is headquartered in Toronto, Canada. Eloro Resources operates under Gold classification in the United States and is traded on OTC Exchange.Things to note about Eloro Resources performance evaluation
Checking the ongoing alerts about Eloro Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Eloro Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eloro Resources had very high historical volatility over the last 90 days | |
| Eloro Resources has some characteristics of a very speculative penny stock | |
| Eloro Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.11 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eloro Resources has accumulated about 14.45 M in cash with (3.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 15.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Neogen Highlights Global Food Security Initiatives - TipRanks |
- Analyzing Eloro Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eloro Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eloro Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eloro Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eloro Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Eloro Resources' otc stock. These opinions can provide insight into Eloro Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eloro OTC Stock analysis
When running Eloro Resources' price analysis, check to measure Eloro 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 Eloro Resources is operating at the current time. Most of Eloro Resources' value examination focuses on studying past and present price action to predict the probability of Eloro Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eloro Resources' price. Additionally, you may evaluate how the addition of Eloro Resources to your portfolios can decrease your overall portfolio volatility.
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