Element 29 Financials
| EMTRF Stock | USD 0.39 0.04 9.30% |
With this module, you can analyze Element financials for your investing period. You should be able to track the changes in Element 29 individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Element |
Understanding current and past Element 29 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Element 29's financial statements are interrelated, with each one affecting the others. For example, an increase in Element 29's assets may result in an increase in income on the income statement.
The data published in Element 29's official financial statements typically reflect Element 29's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Element 29's quantitative information. For example, before you start analyzing numbers published by Element accountants, it's essential to understand Element 29's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Element 29 Stock Summary
Element 29 competes with Freeport McMoran, Ero Copper, Amerigo Resources, and Hudbay Minerals. Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Element 29 operates under Copper classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 744 West Hastings |
| Sector | Basic Materials |
| Industry | Copper |
| Benchmark | Dow Jones Industrial |
| Website | www.e29copper.com |
| Phone | 888 246 7881 |
| Currency | USD - US Dollar |
Element 29 Key Financial Ratios
There are many critical financial ratios that Element 29's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Element 29 Resources reports annually and quarterly.| Return On Equity | -0.28 | |||
| Return On Asset | -0.14 | |||
| Beta | 1.15 |
Element Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Element 29's current stock value. Our valuation model uses many indicators to compare Element 29 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Element 29 competition to find correlations between indicators driving Element 29's intrinsic value. More Info.Element 29 Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Element 29's earnings, one of the primary drivers of an investment's value.Element 29 Resources Systematic Risk
Element 29's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Element 29 volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Element 29 Resources correlated with the market. If Beta is less than 0 Element 29 generally moves in the opposite direction as compared to the market. If Element 29 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Element 29 Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Element 29 is generally in the same direction as the market. If Beta > 1 Element 29 moves generally in the same direction as, but more than the movement of the benchmark.
Element 29 January 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Element 29 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Element 29 Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Element 29 Resources based on widely used predictive technical indicators. In general, we focus on analyzing Element OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Element 29's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.72 | |||
| Information Ratio | 0.094 | |||
| Maximum Drawdown | 27.53 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 9.09 |
Complementary Tools for Element OTC Stock analysis
When running Element 29's price analysis, check to measure Element 29's 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 Element 29 is operating at the current time. Most of Element 29's value examination focuses on studying past and present price action to predict the probability of Element 29's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element 29's price. Additionally, you may evaluate how the addition of Element 29 to your portfolios can decrease your overall portfolio volatility.
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