Eros Resources Financials
| EROSF Stock | USD 0.04 0.00 0.00% |
With this module, you can analyze Eros financials for your investing period. You should be able to track the changes in Eros Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Eros |
Understanding current and past Eros Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eros Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Eros Resources' assets may result in an increase in income on the income statement.
The data published in Eros Resources' official financial statements typically reflect Eros Resources' 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 Eros Resources' quantitative information. For example, before you start analyzing numbers published by Eros accountants, it's essential to understand Eros Resources' liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Eros Resources Stock Summary
Eros Resources competes with Ameriwest Lithium, and Osisko Metals. 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.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 789 West Pender |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.erosresourcescorp.com |
| Phone | 604 688 8115 |
| Currency | USD - US Dollar |
Eros Resources Key Financial Ratios
There are many critical financial ratios that Eros Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eros Resources Corp reports annually and quarterly.| Return On Equity | -0.36 | |||
| Return On Asset | -0.0178 | |||
| Beta | 0.32 |
Eros Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eros Resources's current stock value. Our valuation model uses many indicators to compare Eros Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eros Resources competition to find correlations between indicators driving Eros Resources's intrinsic value. More Info.Eros Resources Corp is rated # 3 in return on equity category among its peers. It 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 Eros Resources' earnings, one of the primary drivers of an investment's value.Eros Resources Corp Systematic Risk
Eros Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eros Resources 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Eros Resources Corp correlated with the market. If Beta is less than 0 Eros Resources generally moves in the opposite direction as compared to the market. If Eros Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eros Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eros Resources is generally in the same direction as the market. If Beta > 1 Eros Resources moves generally in the same direction as, but more than the movement of the benchmark.
Eros Resources November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eros Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eros Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eros Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Eros OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eros Resources's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0732 | |||
| Maximum Drawdown | 41.48 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 6.31 |
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.
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