Edison Cobalt Corp Stock Performance
| EDDYF Stock | USD 0.07 0.01 15.16% |
On a scale of 0 to 100, Edison Cobalt holds a performance score of 4. The firm shows a Beta (market volatility) of -1.72, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Edison Cobalt are expected to decrease by larger amounts. On the other hand, during market turmoil, Edison Cobalt is expected to outperform it. Please check Edison Cobalt's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Edison Cobalt's price patterns will revert.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Edison Cobalt Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Edison Cobalt reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.7 M |
Edison |
Edison Cobalt Relative Risk vs. Return Landscape
If you would invest 6.45 in Edison Cobalt Corp on November 29, 2024 and sell it today you would earn a total of 0.69 from holding Edison Cobalt Corp or generate 10.7% return on investment over 90 days. Edison Cobalt Corp is currently producing 0.4335% returns and takes up 7.6438% volatility of returns over 90 trading days. Put another way, 68% of traded pink sheets are less volatile than Edison, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Edison Cobalt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edison Cobalt's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Edison Cobalt Corp, and traders can use it to determine the average amount a Edison Cobalt's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0567
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Estimated Market Risk
| 7.64 actual daily | 68 68% of assets are less volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Edison Cobalt 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 Edison Cobalt by adding it to a well-diversified portfolio.
Edison Cobalt Fundamentals Growth
Edison Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Edison Cobalt, and Edison Cobalt fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Edison Pink Sheet performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0907 | |||
| Current Valuation | 2.3 M | |||
| Shares Outstanding | 115.18 M | |||
| Price To Book | 0.63 X | |||
| EBITDA | (1.53 M) | |||
| Cash And Equivalents | 2.64 M | |||
| Cash Per Share | 0.02 X | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (1.09 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 9.85 M | |||
About Edison Cobalt Performance
By analyzing Edison Cobalt's fundamental ratios, stakeholders can gain valuable insights into Edison Cobalt's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Edison Cobalt has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Edison Cobalt has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Edison Lithium Corp., a junior mining exploration company, engages in the procurement, exploration, and development of mineral properties. Edison Lithium Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. Edison Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Edison Cobalt Corp performance evaluation
Checking the ongoing alerts about Edison Cobalt for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Edison Cobalt Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Edison Cobalt Corp had very high historical volatility over the last 90 days | |
| Edison Cobalt Corp has some characteristics of a very speculative penny stock | |
| Edison Cobalt Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.45 M) with loss before overhead, payroll, taxes, and interest of (10.91 K). | |
| Edison Cobalt Corp has accumulated about 2.64 M in cash with (1.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Edison Cobalt's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Edison Cobalt's stock is overvalued or undervalued compared to its peers.
- Examining Edison Cobalt's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Edison Cobalt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edison Cobalt's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Edison Cobalt's pink sheet. These opinions can provide insight into Edison Cobalt's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Edison Pink Sheet analysis
When running Edison Cobalt's price analysis, check to measure Edison Cobalt'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 Edison Cobalt is operating at the current time. Most of Edison Cobalt's value examination focuses on studying past and present price action to predict the probability of Edison Cobalt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison Cobalt's price. Additionally, you may evaluate how the addition of Edison Cobalt to your portfolios can decrease your overall portfolio volatility.
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