Eros Resources Corp Stock Performance
| EROSF Stock | USD 0.03 0.01 30.25% |
The firm shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eros Resources are expected to decrease at a much lower rate. During the bear market, Eros Resources is likely to outperform the market. Eros Resources Corp right now shows a risk of 6.75%. Please confirm Eros Resources Corp treynor ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Eros Resources Corp will be following its price patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Eros Resources Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Eros Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.7 M | |
| Total Cashflows From Investing Activities | -1.7 M |
Eros |
Eros Resources Relative Risk vs. Return Landscape
If you would invest 3.08 in Eros Resources Corp on September 3, 2024 and sell it today you would lose (0.29) from holding Eros Resources Corp or give up 9.42% of portfolio value over 90 days. Eros Resources Corp is currently producing 0.0737% returns and takes up 6.7457% volatility of returns over 90 trading days. Put another way, 60% of traded otc stocks are less volatile than Eros, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eros Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eros Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Eros Resources Corp, and traders can use it to determine the average amount a Eros Resources' 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 = 0.0109
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | EROSF |
| Negative Returns |
Estimated Market Risk
| 6.75 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eros Resources 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 Eros Resources by adding Eros Resources to a well-diversified portfolio.
Eros Resources Fundamentals Growth
Eros OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Eros Resources, and Eros Resources 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 Eros OTC Stock performance.
| Return On Equity | -0.36 | |||
| Return On Asset | -0.0178 | |||
| Operating Margin | (87.67) % | |||
| Current Valuation | 3.9 M | |||
| Shares Outstanding | 97.89 M | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 662.70 X | |||
| Revenue | 5.96 K | |||
| EBITDA | (506.19 K) | |||
| Cash And Equivalents | 128.12 K | |||
| Total Debt | 1.18 K | |||
| Book Value Per Share | 0.11 X | |||
| Cash Flow From Operations | (494.45 K) | |||
| Total Asset | 23.72 M | |||
About Eros Resources Performance
By analyzing Eros Resources' fundamental ratios, stakeholders can gain valuable insights into Eros Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eros Resources 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 Eros Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. Its principal property is the Bell Mountain project, which consists of unpatented mining claims located to the southeast of Reno, Nevada. Eros Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Eros Resources Corp performance evaluation
Checking the ongoing alerts about Eros Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Eros Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eros Resources Corp had very high historical volatility over the last 90 days | |
| Eros Resources Corp has some characteristics of a very speculative penny stock | |
| Eros Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Eros Resources Corp has accumulated 1.18 K in total debt. Eros Resources Corp has a current ratio of 0.06, 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 Eros Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Eros Resources' 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 Eros Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eros to invest in growth at high rates of return. When we think about Eros Resources' use of debt, we should always consider it together with cash and equity. | |
| Eros Resources Corp has accumulated about 128.12 K in cash with (494.45 K) of positive cash flow from operations. |
- Analyzing Eros Resources' 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 Eros Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eros Resources' 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 Eros Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eros Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Eros Resources' otc stock. These opinions can provide insight into Eros Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eros OTC Stock analysis
When running Eros Resources' price analysis, check to measure Eros Resources' 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 Eros Resources is operating at the current time. Most of Eros Resources' value examination focuses on studying past and present price action to predict the probability of Eros Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros Resources' price. Additionally, you may evaluate how the addition of Eros Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |