Elray Resources Stock Analysis
| ELRA Stock | USD 0.0004 0.0001 20.00% |
Elray Resources is overvalued with Real Value of 3.81E-4 and Hype Value of 4.12E-4. The main objective of Elray Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Elray Resources is worth, separate from its market price. There are two main types of Elray Resources' stock analysis: fundamental analysis and technical analysis.
The Elray Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elray Resources' ongoing operational relationships across important fundamental and technical indicators.
Elray |
Elray Pink Sheet Analysis Notes
The company recorded a loss per share of 0.0. Elray Resources had not issued any dividends in recent years. The entity had 1:100 split on the 24th of November 2015. Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally. It provides marketing tools and CRM systems for online gaming operators. Elray Resources operates under Gambling classification in the United States and is traded on OTC Exchange.The quote for Elray Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Elray Resources call Anthony Goodman at 917-775-9689 or check out https://www.elraytech.com.Elray Resources Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Elray Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Elray Resources or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Elray Resources is way too risky over 90 days horizon | |
| Elray Resources has some characteristics of a very speculative penny stock | |
| Elray Resources appears to be risky and price may revert if volatility continues | |
| Elray Resources has a very high chance of going through financial distress in the upcoming years | |
| Elray Resources currently holds 4.95 M in liabilities. Elray Resources has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Elray Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Elray Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elray Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elray to invest in growth at high rates of return. When we think about Elray Resources' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 484.11 K. Net Loss for the year was (1.09 M) with profit before overhead, payroll, taxes, and interest of 632 K. |
Elray Resources Thematic Classifications
In addition to having Elray Resources pink sheet in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | GamblingEquities that are issued by public entities related to gambling services or online betting technology |
Elray Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elray Resources's market, we take the total number of its shares issued and multiply it by Elray Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 18th of December 2024, Elray Resources shows the Coefficient Of Variation of 1310.64, mean deviation of 10.6, and Downside Deviation of 20.55. Elray Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Elray Resources Price Movement Analysis
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elray Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elray Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Elray Resources Outstanding Bonds
Elray Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Elray Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Elray bonds can be classified according to their maturity, which is the date when Elray Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Elray Resources Predictive Daily Indicators
Elray Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elray Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.8 | |||
| Day Median Price | 4.0E-4 | |||
| Day Typical Price | 4.0E-4 | |||
| Price Action Indicator | (0.00005) | |||
| Period Momentum Indicator | (0.0001) |
Elray Resources Forecast Models
Elray Resources' time-series forecasting models are one of many Elray Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elray Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Elray Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Elray Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elray shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Elray Resources. By using and applying Elray Pink Sheet analysis, traders can create a robust methodology for identifying Elray entry and exit points for their positions.
Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally. It provides marketing tools and CRM systems for online gaming operators. Elray Resources operates under Gambling classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Elray Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Elray Resources' price analysis, check to measure Elray 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 Elray Resources is operating at the current time. Most of Elray Resources' value examination focuses on studying past and present price action to predict the probability of Elray Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elray Resources' price. Additionally, you may evaluate how the addition of Elray Resources to your portfolios can decrease your overall portfolio volatility.
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