E3 Metals Corp Stock Performance
| EEMMF Stock | USD 0.75 0.04 5.06% |
The firm owns a Beta (Systematic Risk) of 1.32, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, E3 Metals will likely underperform. At this point, E3 Metals Corp has a negative expected return of -0.36%. Please make sure to confirm E3 Metals' standard deviation and the relationship between the treynor ratio and day typical price , to decide if E3 Metals Corp performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days E3 Metals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's primary indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 6.7 M | |
| Total Cashflows From Investing Activities | -3.4 M |
EEMMF |
E3 Metals Relative Risk vs. Return Landscape
If you would invest 98.00 in E3 Metals Corp on September 5, 2024 and sell it today you would lose (23.00) from holding E3 Metals Corp or give up 23.47% of portfolio value over 90 days. E3 Metals Corp is currently producing negative expected returns and takes up 3.4396% volatility of returns over 90 trading days. Put another way, 30% of traded otc stocks are less volatile than EEMMF, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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E3 Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for E3 Metals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as E3 Metals Corp, and traders can use it to determine the average amount a E3 Metals' 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 = -0.1045
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| Negative Returns | EEMMF |
Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average E3 Metals is not performing at its full potential. However, 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 E3 Metals by adding E3 Metals to a well-diversified portfolio.
E3 Metals Fundamentals Growth
EEMMF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of E3 Metals, and E3 Metals 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 EEMMF OTC Stock performance.
| Return On Equity | -0.24 | |||
| Return On Asset | -0.13 | |||
| Current Valuation | 85.75 M | |||
| Shares Outstanding | 61.04 M | |||
| Price To Book | 4.32 X | |||
| EBITDA | (4.63 M) | |||
| Cash And Equivalents | 14.72 M | |||
| Cash Per Share | 0.25 X | |||
| Total Debt | 443 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.52 X | |||
| Cash Flow From Operations | (2.85 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 25.99 M | |||
About E3 Metals Performance
By analyzing E3 Metals' fundamental ratios, stakeholders can gain valuable insights into E3 Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if E3 Metals 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 E3 Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
E3 Lithium Ltd., a resource company with mineral properties, focuses on technology development for lithium extraction from Alberta brines contained in its mineral properties. The company was incorporated in 1998 and is headquartered in Calgary, Canada. E3 Lithium is traded on OTC Exchange in the United States.Things to note about E3 Metals Corp performance evaluation
Checking the ongoing alerts about E3 Metals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for E3 Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| E3 Metals Corp generated a negative expected return over the last 90 days | |
| E3 Metals Corp has some characteristics of a very speculative penny stock | |
| E3 Metals Corp has high historical volatility and very poor performance | |
| E3 Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| E3 Metals Corp has accumulated about 14.72 M in cash with (2.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. |
- Analyzing E3 Metals' 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 E3 Metals' stock is overvalued or undervalued compared to its peers.
- Examining E3 Metals' 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 E3 Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of E3 Metals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of E3 Metals' otc stock. These opinions can provide insight into E3 Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for EEMMF OTC Stock analysis
When running E3 Metals' price analysis, check to measure E3 Metals' 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 E3 Metals is operating at the current time. Most of E3 Metals' value examination focuses on studying past and present price action to predict the probability of E3 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Metals' price. Additionally, you may evaluate how the addition of E3 Metals to your portfolios can decrease your overall portfolio volatility.
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