Eros Resources Corp Stock Performance
| ERC Stock | CAD 0.04 0.00 0.00% |
On a scale of 0 to 100, Eros Resources holds a performance score of 5. The firm shows a Beta (market volatility) of -0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eros Resources are expected to decrease at a much lower rate. During the bear market, Eros Resources is likely to outperform the market. Please check Eros Resources' variance, potential upside, as well as the relationship between the Potential Upside and day median price , to make a quick decision on whether Eros Resources' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eros Resources Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Eros Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:3 | Last Split Date 2005-07-11 |
1 | Lincoln Gold Announces Appointment of New Director and a New CFO - StockTitan | 10/23/2024 |
| Begin Period Cash Flow | 61.1 K | |
| Free Cash Flow | -621.6 K |
Eros |
Eros Resources Relative Risk vs. Return Landscape
If you would invest 3.50 in Eros Resources Corp on August 31, 2024 and sell it today you would earn a total of 0.50 from holding Eros Resources Corp or generate 14.29% return on investment over 90 days. Eros Resources Corp is currently producing 0.4197% returns and takes up 6.3406% volatility of returns over 90 trading days. Put another way, 56% of traded stocks are less volatile than Eros, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Eros Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eros Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eros Resources Corp, and traders can use it to determine the average amount a Eros 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 = 0.0662
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Estimated Market Risk
| 6.34 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Eros Resources is performing at about 5% of its full potential. 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 Eros Resources by adding it to a well-diversified portfolio.
Eros Resources Fundamentals Growth
Eros Stock prices reflect investors' perceptions of the future prospects and financial health of Eros Resources, and Eros 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 Eros Stock performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0965 | |||
| Current Valuation | 4.56 M | |||
| Shares Outstanding | 97.89 M | |||
| Price To Earning | 0.54 X | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 52,210 X | |||
| Revenue | 75 | |||
| Gross Profit | (100.62 K) | |||
| EBITDA | (557.78 K) | |||
| Net Income | (5.09 M) | |||
| Cash And Equivalents | 1.71 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 927.1 K | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (621.57 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 12.03 M | |||
| Retained Earnings | (70.23 M) | |||
About Eros Resources Performance
Evaluating Eros Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eros 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 Eros Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. The company was formerly known as Boss Power Corp. and changed its name to Eros Resources Corp. in July 2015. EROS RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.Things to note about Eros Resources Corp performance evaluation
Checking the ongoing alerts about Eros Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eros Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eros Resources Corp had very high historical volatility over the last 90 days | |
| Eros Resources Corp has some characteristics of a very speculative penny stock | |
| Eros Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 75. Net Loss for the year was (5.09 M) with loss before overhead, payroll, taxes, and interest of (100.62 K). | |
| Eros Resources Corp has accumulated about 1.71 M in cash with (621.57 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Eros 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 Eros Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eros 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 Eros Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eros Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eros Resources' stock. These opinions can provide insight into Eros Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Eros Stock Analysis
When running Eros Resources' price analysis, check to measure Eros 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 Eros Resources is operating at the current time. Most of Eros Resources' value examination focuses on studying past and present price action to predict the probability of Eros Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros Resources' price. Additionally, you may evaluate how the addition of Eros Resources to your portfolios can decrease your overall portfolio volatility.