Element 29 Resources Stock Analysis

Element OTC Stock Analysis Notes

About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Element 29 Resources recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Element 29 operates under Copper classification in the United States and is traded on OTC Exchange.The quote for Element 29 Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Element 29 Resources call Steve Stakiw at 888 246 7881 or check out https://www.e29copper.com.

Element 29 Resources Investment Alerts

Element Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Element 29's market, we take the total number of its shares issued and multiply it by Element 29'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 1st of December, Element 29 shows the Coefficient Of Variation of 515.08, downside deviation of 6.32, and Mean Deviation of 3.95. Element 29 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Element 29 Resources, which can be compared to its peers. Please confirm Element 29 Resources variance, as well as the relationship between the value at risk and skewness to decide if Element 29 Resources is priced favorably, providing market reflects its regular price of 0.4 per share. As Element 29 Resources is a penny stock we also recommend to verify its total risk alpha numbers.

Element 29 Resources Price Movement Analysis

Element 29 Predictive Daily Indicators

Element 29 Forecast Models

Element 29's time-series forecasting models are one of many Element 29's otc stock 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 Element 29's 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Element 29 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 Element shares will generate the highest return on investment. We also built our otc 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 OTC such as Element 29. By using and applying Element OTC Stock analysis, traders can create a robust methodology for identifying Element entry and exit points for their positions.

When running Element 29's price analysis, check to measure Element 29's 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 Element 29 is operating at the current time. Most of Element 29's value examination focuses on studying past and present price action to predict the probability of Element 29's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element 29's price. Additionally, you may evaluate how the addition of Element 29 to your portfolios can decrease your overall portfolio volatility.