Elemental Royalties Corp Stock Performance
Elemental Royalties has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elemental Royalties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elemental Royalties is expected to be smaller as well. Elemental Royalties Corp right now shows a risk of 2.74%. Please confirm Elemental Royalties Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance , to decide if Elemental Royalties Corp will be following its price patterns.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Elemental Royalties Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile primary indicators, Elemental Royalties may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 10.9 M | |
| Total Cashflows From Investing Activities | -40.1 M |
Elemental |
Elemental Royalties Relative Risk vs. Return Landscape
If you would invest 74.00 in Elemental Royalties Corp on August 31, 2024 and sell it today you would earn a total of 7.00 from holding Elemental Royalties Corp or generate 9.46% return on investment over 90 days. Elemental Royalties Corp is currently producing 0.1804% returns and takes up 2.7421% volatility of returns over 90 trading days. Put another way, 24% of traded otc stocks are less volatile than Elemental, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Elemental Royalties Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elemental Royalties' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Elemental Royalties Corp, and traders can use it to determine the average amount a Elemental Royalties' 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 = 0.0658
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Elemental Royalties is performing at about 5% 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 Elemental Royalties by adding it to a well-diversified portfolio.
Elemental Royalties Fundamentals Growth
Elemental OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Elemental Royalties, and Elemental Royalties 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 Elemental OTC Stock performance.
| Return On Equity | -0.0951 | |||
| Return On Asset | 0.0024 | |||
| Profit Margin | (0.89) % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 201.21 M | |||
| Shares Outstanding | 180.89 M | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 17.30 X | |||
| Revenue | 6.61 M | |||
| EBITDA | 2.55 M | |||
| Cash And Equivalents | 5.68 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 24.43 M | |||
| Debt To Equity | 0.42 % | |||
| Book Value Per Share | 0.83 X | |||
| Cash Flow From Operations | 1.12 M | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 76.5 M | |||
About Elemental Royalties Performance
By analyzing Elemental Royalties' fundamental ratios, stakeholders can gain valuable insights into Elemental Royalties' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Elemental Royalties 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 Elemental Royalties has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Elemental Royalties Corp., a gold-focused royalty company, engages in the evaluation and acquisition of royalties. It has a portfolio of nine royalties in Chile, Western Australia, Kenya, Canada, Mexico, and Burkina Faso. Elemental Altus is traded on OTC Exchange in the United States.Things to note about Elemental Royalties Corp performance evaluation
Checking the ongoing alerts about Elemental Royalties for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Elemental Royalties Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elemental Royalties has some characteristics of a very speculative penny stock | |
| Elemental Royalties Corp has accumulated 24.43 M in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Elemental Royalties Corp has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elemental Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Elemental Royalties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elemental Royalties Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elemental to invest in growth at high rates of return. When we think about Elemental Royalties' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.61 M. Net Loss for the year was (4.73 M) with profit before overhead, payroll, taxes, and interest of 3.29 M. | |
| About 57.0% of Elemental Royalties shares are held by company insiders |
- Analyzing Elemental Royalties' 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 Elemental Royalties' stock is overvalued or undervalued compared to its peers.
- Examining Elemental Royalties' 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 Elemental Royalties' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elemental Royalties' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Elemental Royalties' otc stock. These opinions can provide insight into Elemental Royalties' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Elemental OTC Stock analysis
When running Elemental Royalties' price analysis, check to measure Elemental Royalties' 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 Elemental Royalties is operating at the current time. Most of Elemental Royalties' value examination focuses on studying past and present price action to predict the probability of Elemental Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elemental Royalties' price. Additionally, you may evaluate how the addition of Elemental Royalties to your portfolios can decrease your overall portfolio volatility.
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