We strongly advise to harness Group Eleven fundamental analysis to find out if markets are presently mispricing the company. Simply put this technique allows you to validate available fundamentals of Group Eleven Resources as well as the relationship between them. We were able to interpolate twenty-five available reported financial drivers for Group Eleven Resources, which can be compared to its competitors. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Group Eleven to be traded at C$0.1683 in 90 days. Key indicators impacting Group Eleven's financial strength include:
Understanding current and past Group Eleven Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Group Eleven's financial statements are interrelated, with each one affecting the others. For example, an increase in Group Eleven's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Group Eleven's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Group Eleven Resources. Check Group Eleven's Beneish M Score to see the likelihood of Group Eleven's management manipulating its earnings.
Group Eleven Stock Summary
Group Eleven competes with Outcrop Gold, and Grande Portage. Group Eleven Resources Corp. explores for and evaluates mineral properties in Ireland. Group Eleven Resources Corp. was founded in 2016 and is based in Vancouver, Canada. GROUP ELEVEN operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Group Eleven without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Group Stock, because this is throwing your money away. Analyzing the key information contained in Group Eleven's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Group Eleven Key Financial Ratios
There are many critical financial ratios that Group Eleven's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Group Eleven Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Group Eleven's current stock value. Our valuation model uses many indicators to compare Group Eleven value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Group Eleven competition to find correlations between indicators driving Group Eleven's intrinsic value. More Info.
Group Eleven Resources is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers . At this time, Group Eleven's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Group Eleven's earnings, one of the primary drivers of an investment's value.
Group Eleven Resources Systematic Risk
Group Eleven's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Group Eleven volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Group Eleven Resources correlated with the market. If Beta is less than 0 Group Eleven generally moves in the opposite direction as compared to the market. If Group Eleven Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Group Eleven Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Group Eleven is generally in the same direction as the market. If Beta > 1 Group Eleven moves generally in the same direction as, but more than the movement of the benchmark.
Group Eleven Resources Total Assets Over Time
Today, most investors in Group Eleven Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Group Eleven's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Group Eleven growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Group Eleven help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Group Eleven Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Group Eleven Resources based on widely used predictive technical indicators. In general, we focus on analyzing Group Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Group Eleven's daily price indicators and compare them against related drivers.
When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.