Erdene Resource Development Stock Probability of Future Pink Sheet Price Finishing Over 4.26
| ERDCF Stock | USD 0.54 0.01 1.82% |
Erdene |
Erdene Resource Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Erdene Resource for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Erdene Resource Deve can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Erdene Resource Deve has some characteristics of a very speculative penny stock | |
| Erdene Resource Deve appears to be risky and price may revert if volatility continues | |
| Erdene Resource Deve has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erdene Resource Development has accumulated about 395.46 K in cash with (5.24 M) of positive cash flow from operations. | |
| Roughly 22.0% of the company shares are held by company insiders |
Erdene Resource Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Erdene Pink Sheet often depends not only on the future outlook of the current and potential Erdene Resource's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Erdene Resource's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 294.4 M |
Erdene Resource Technical Analysis
Erdene Resource's future price can be derived by breaking down and analyzing its technical indicators over time. Erdene Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Erdene Resource Development. In general, you should focus on analyzing Erdene Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Erdene Resource Predictive Forecast Models
Erdene Resource's time-series forecasting models is one of many Erdene Resource's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Erdene Resource'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Erdene Resource Deve
Checking the ongoing alerts about Erdene Resource for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Erdene Resource Deve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Erdene Resource Deve has some characteristics of a very speculative penny stock | |
| Erdene Resource Deve appears to be risky and price may revert if volatility continues | |
| Erdene Resource Deve has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erdene Resource Development has accumulated about 395.46 K in cash with (5.24 M) of positive cash flow from operations. | |
| Roughly 22.0% of the company shares are held by company insiders |
Other Information on Investing in Erdene Pink Sheet
Erdene Resource financial ratios help investors to determine whether Erdene Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erdene with respect to the benefits of owning Erdene Resource security.