Eros Resources Corp Stock Market Value

EROSF Stock  USD 0.04  0  3.10%   
Eros Resources' market value is the price at which a share of Eros Resources trades on a public exchange. It measures the collective expectations of Eros Resources Corp investors about its performance. Eros Resources is trading at 0.0433 as of the 10th of February 2025. This is a 3.10% increase since the beginning of the trading day. The stock's lowest day price was 0.0433.
With this module, you can estimate the performance of a buy and hold strategy of Eros Resources Corp and determine expected loss or profit from investing in Eros Resources over a given investment horizon. Check out Eros Resources Correlation, Eros Resources Volatility and Eros Resources Alpha and Beta module to complement your research on Eros Resources.
Symbol

Please note, there is a significant difference between Eros Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eros Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eros Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Eros Resources 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eros Resources' otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eros Resources.
0.00
01/11/2025
No Change 0.00  0.0 
In 31 days
02/10/2025
0.00
If you would invest  0.00  in Eros Resources on January 11, 2025 and sell it all today you would earn a total of 0.00 from holding Eros Resources Corp or generate 0.0% return on investment in Eros Resources over 30 days. Eros Resources is related to or competes with Strategic Resources, and South Star. Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and ga... More

Eros Resources Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eros Resources' otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eros Resources Corp upside and downside potential and time the market with a certain degree of confidence.

Eros Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eros Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eros Resources' standard deviation. In reality, there are many statistical measures that can use Eros Resources historical prices to predict the future Eros Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eros Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.049.81
Details
Intrinsic
Valuation
LowRealHigh
0.000.039.80
Details
Naive
Forecast
LowNextHigh
00.059.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.040.05
Details

Eros Resources Corp Backtested Returns

Eros Resources appears to be out of control, given 3 months investment horizon. Eros Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0584, which denotes the company had a 0.0584 % return per unit of risk over the last 3 months. By reviewing Eros Resources' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Eros Resources' Coefficient Of Variation of 1712.67, downside deviation of 20.03, and Mean Deviation of 3.74 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eros Resources holds a performance score of 4. The firm shows a Beta (market volatility) of -1.89, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eros Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Eros Resources is expected to outperform it. Please check Eros Resources' treynor ratio and the relationship between the semi variance and relative strength index , to make a quick decision on whether Eros Resources' price patterns will revert.

Auto-correlation

    
  -0.55  

Good reverse predictability

Eros Resources Corp has good reverse predictability. Overlapping area represents the amount of predictability between Eros Resources time series from 11th of January 2025 to 26th of January 2025 and 26th of January 2025 to 10th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eros Resources Corp price movement. The serial correlation of -0.55 indicates that about 55.0% of current Eros Resources price fluctuation can be explain by its past prices.
Correlation Coefficient-0.55
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.0
Eros ReturnsEros Lagged ReturnsDiversified AwayEros ReturnsEros Lagged ReturnsDiversified Away100%

Eros Resources Corp lagged returns against current returns

Autocorrelation, which is Eros Resources otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eros Resources' otc stock expected returns. We can calculate the autocorrelation of Eros Resources returns to help us make a trade decision. For example, suppose you find that Eros Resources has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15Jan 27Jan 29Jan 31FebFeb 04Feb 06Feb 08Feb 105%10%15%20%25%30%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Eros Resources regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eros Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eros Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eros Resources otc stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Jan 27Jan 29Jan 31FebFeb 04Feb 06Feb 08Feb 100.0300.0320.0340.0360.0380.040
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Eros Resources Lagged Returns

When evaluating Eros Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eros Resources otc stock have on its future price. Eros Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eros Resources autocorrelation shows the relationship between Eros Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Eros Resources Corp.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 13Jan 17Jan 21Jan 25Jan 29FebFeb 06Feb 100.0300.0320.0340.0360.0380.040
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Eros OTC Stock

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