E79 Resources Corp Stock Analysis

E79 OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.52. Some equities with similar Price to Book (P/B) outperform the market in the long run. E79 Resources Corp recorded a loss per share of 0.05. The entity had not issued any dividends in recent years. E79 Resources Corp., a resource exploration company, engages in the acquisition and exploration of mineral properties. E79 Resources Corp. was incorporated in 2018 and is headquartered in Vancouver, Canada. E79 Resources is traded on OTC Exchange in the United States.The quote for E79 Resources Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about E79 Resources Corp call the company at 604 628 5623 or check out https://e79resources.com.

E79 Resources Corp Investment Alerts

E79 Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.89 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate E79 Resources's market, we take the total number of its shares issued and multiply it by E79 Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 1st of December, E79 Resources owns the Information Ratio of 0.0735, standard deviation of 17.63, and Market Risk Adjusted Performance of 0.3595. E79 Resources Corp technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for E79 Resources, which can be compared to its peers in the sector. Please confirm E79 Resources Corp standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if E79 Resources Corp is priced fairly, providing market reflects its prevailing price of 0.0103 per share. As E79 Resources Corp appears to be a penny stock we also advise to verify its jensen alpha numbers.

E79 Resources Corp Price Movement Analysis

E79 Resources Predictive Daily Indicators

E79 Resources Forecast Models

E79 Resources' time-series forecasting models are one of many E79 Resources' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary E79 Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how E79 Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling E79 shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as E79 Resources. By using and applying E79 OTC Stock analysis, traders can create a robust methodology for identifying E79 entry and exit points for their positions.

When running E79 Resources' price analysis, check to measure E79 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 E79 Resources is operating at the current time. Most of E79 Resources' value examination focuses on studying past and present price action to predict the probability of E79 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E79 Resources' price. Additionally, you may evaluate how the addition of E79 Resources to your portfolios can decrease your overall portfolio volatility.