Entree Resources Stock Price on June 4, 2024

ETG Stock  CAD 2.44  0.05  2.09%   
Below is the normalized historical share price chart for Entree Resources extending back to April 11, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Entree Resources stands at 2.44, as last reported on the 27th of December, with the highest price reaching 2.44 and the lowest price hitting 2.40 during the day.
200 Day MA
1.7036
50 Day MA
2.1254
Beta
1.371
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Entree Stock, it is important to understand the factors that can impact its price. Entree Resources appears to be risky, given 3 months investment horizon. Entree Resources secures Sharpe Ratio (or Efficiency) of 0.0601, which denotes the company had a 0.0601% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Entree Resources, which you can use to evaluate the volatility of the firm. Please utilize Entree Resources' Mean Deviation of 2.75, coefficient of variation of 748.24, and Downside Deviation of 2.92 to check if our risk estimates are consistent with your expectations.
  
As of the 27th of December 2024, Capital Stock is likely to grow to about 196.4 M, though Total Stockholder Equity is likely to grow to (61.4 M). . As of the 27th of December 2024, Price Earnings To Growth Ratio is likely to grow to 188.40, while Price To Sales Ratio is likely to drop 188.17. Entree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0601

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Estimated Market Risk

 3.66
  actual daily
32
68% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Entree Resources is performing at about 4% 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 Entree Resources by adding it to a well-diversified portfolio.
Price Book
3.8881
Book Value
(0.34)
Enterprise Value
497.3 M
Enterprise Value Ebitda
(32.06)
Shares Float
114.8 M

Entree Resources Main Headline on 4th of June 2024

Entre Resources Stock Passes Above Two Hundred Day Moving Average of 1.34 Defense World

Entree Resources Valuation on June 4, 2024

It is possible to determine the worth of Entree Resources on a given historical date. On June 4, 2024 Entree was worth 1.5 at the beginning of the trading date compared to the closed value of 1.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entree Resources stock. Still, in general, we apply an absolute valuation method to find Entree Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Entree Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entree Resources' related companies.
 Open High Low Close Volume
  1.50    1.50    1.48    1.50    16,400  
06/04/2024
  1.50    1.51    1.50    1.50    54,400  
  1.51    1.52    1.50    1.51    21,400  
Backtest Entree Resources  |  Entree Resources History  |  Entree Resources Valuation   PreviousNext  
Open Value
1.5
1.5
Closing Value
12.47
Upside

Entree Resources Trading Date Momentum on June 4, 2024

On June 05 2024 Entree Resources was traded for  1.51  at the closing time. The maximum traded price for the trading interval was 1.52  and the lowest daily price was  1.50 . The daily volume was recorded at 21.4 K. The volume of trading on 5th of June 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.67% . The overall trading delta to the closing price today is 4.00% .

Entree Resources Fundamentals Correlations and Trends

By evaluating Entree Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Entree Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entree financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Entree Resources Stock history

Entree Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Entree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entree Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Entree Resources stock prices may prove useful in developing a viable investing in Entree Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding203.3 M117.7 M
Net Loss-8.7 M-9.1 M

Entree Resources Quarterly Net Working Capital

4.91 Million

Entree Resources Stock Technical Analysis

Entree Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Entree Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entree Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Entree Resources Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Entree Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Entree Resources December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Entree Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entree Resources shares will generate the highest return on investment. By undertsting and applying Entree Resources stock market strength indicators, traders can identify Entree Resources entry and exit signals to maximize returns

Entree Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Entree Resources' price direction in advance. Along with the technical and fundamental analysis of Entree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Entree to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Entree Stock

Entree Resources financial ratios help investors to determine whether Entree Stock 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 Entree with respect to the benefits of owning Entree Resources security.