Elray Resources Revenue vs. Shares Owned By Insiders

ELRA Stock  USD 0.0004  0.0001  20.00%   
Based on Elray Resources' profitability indicators, Elray Resources may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Elray Resources' ability to earn profits and add value for shareholders.
For Elray Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elray Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elray Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elray Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elray Resources over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Elray Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elray Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elray 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.

Elray Resources Shares Owned By Insiders vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Elray Resources's current stock value. Our valuation model uses many indicators to compare Elray Resources value to that of its competitors to determine the firm's financial worth.
Elray Resources is rated # 2 in revenue category among its peers. It is rated # 3 in shares owned by insiders category among its peers . The ratio of Revenue to Shares Owned By Insiders for Elray Resources is about  49,703 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elray Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elray Resources' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Elray Revenue vs. Competition

Elray Resources is rated # 2 in revenue category among its peers. Market size based on revenue of Gambling industry is currently estimated at about 93.02 Million. Elray Resources maintains roughly 484,110 in revenue contributing less than 1% to equities under Gambling industry.

Elray Shares Owned By Insiders vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Elray Resources

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
484.11 K
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Elray Resources

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
9.74 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.

Elray Shares Owned By Insiders Comparison

Elray Resources is currently under evaluation in shares owned by insiders category among its peers.

Elray Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Elray Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elray Resources will eventually generate negative long term returns. The profitability progress is the general direction of Elray Resources' change in net profit over the period of time. It can combine multiple indicators of Elray Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Elray Resources, Inc., a technology company, owns and licenses gaming intellectual property, gaming content, gaming domains, and trademarks in the United States and internationally. It provides marketing tools and CRM systems for online gaming operators. Elray Resources operates under Gambling classification in the United States and is traded on OTC Exchange.

Elray Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Elray Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Elray Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Elray Resources' important profitability drivers and their relationship over time.

Use Elray Resources in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elray Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elray Resources will appreciate offsetting losses from the drop in the long position's value.

Elray Resources Pair Trading

Elray Resources Pair Trading Analysis

The ability to find closely correlated positions to Elray Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elray Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elray Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elray Resources to buy it.
The correlation of Elray Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elray Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elray Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elray Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Elray Resources position

In addition to having Elray Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Artificial Intelligence
Artificial Intelligence Theme
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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Other Information on Investing in Elray Pink Sheet

To fully project Elray Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elray Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Elray Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Elray Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Elray Resources investors may work on each financial statement separately, they are all related. The changes in Elray Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Elray Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.