Eastfield Resources Stock Buy Hold or Sell Recommendation
| ETF Stock | CAD 0.03 0.01 16.67% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Eastfield Resources is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eastfield Resources given historical horizon and risk tolerance towards Eastfield Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Eastfield Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eastfield Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Eastfield and provide practical buy, sell, or hold advice based on investors' constraints. Eastfield Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Eastfield |
Execute Eastfield Resources Buy or Sell Advice
The Eastfield recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eastfield Resources. Macroaxis does not own or have any residual interests in Eastfield Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eastfield Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eastfield Resources Trading Alerts and Improvement Suggestions
| Eastfield Resources generated a negative expected return over the last 90 days | |
| Eastfield Resources has high historical volatility and very poor performance | |
| Eastfield Resources has some characteristics of a very speculative penny stock | |
| Eastfield Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (321.31 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eastfield Resources has accumulated about 385.51 K in cash with (217.71 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Eastfield Resources Returns Distribution Density
The distribution of Eastfield Resources' historical returns is an attempt to chart the uncertainty of Eastfield Resources' future price movements. The chart of the probability distribution of Eastfield Resources daily returns describes the distribution of returns around its average expected value. We use Eastfield Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eastfield Resources returns is essential to provide solid investment advice for Eastfield Resources.
| Mean Return | -0.38 | Value At Risk | -16.67 | Potential Upside | 0.00 | Standard Deviation | 8.20 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eastfield Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eastfield Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eastfield Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eastfield Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eastfield stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 7.72 | |
Ir | Information ratio | -0.06 |
Eastfield Resources Volatility Alert
Eastfield Resources is displaying above-average volatility over the selected time horizon. Eastfield Resources is a penny stock. Although Eastfield Resources may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Eastfield Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Eastfield instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Eastfield Resources Fundamentals Vs Peers
Comparing Eastfield Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eastfield Resources' direct or indirect competition across all of the common fundamentals between Eastfield Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eastfield Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eastfield Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Eastfield Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eastfield Resources to competition |
| Fundamentals | Eastfield Resources | Peer Average |
| Return On Equity | -0.15 | -0.31 |
| Return On Asset | -0.0626 | -0.14 |
| Current Valuation | 1.28 M | 16.62 B |
| Shares Outstanding | 61.56 M | 571.82 M |
| Shares Owned By Insiders | 12.00 % | 10.09 % |
| Number Of Shares Shorted | 1.55 K | 4.71 M |
| Price To Book | 0.90 X | 9.51 X |
| EBITDA | (271.84 K) | 3.9 B |
| Net Income | (321.31 K) | 570.98 M |
| Cash And Equivalents | 385.51 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 165.37 K | 5.32 B |
| Current Ratio | 6.81 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (217.71 K) | 971.22 M |
| Short Ratio | 0.04 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | 1.73 | -0.15 |
| Market Capitalization | 1.54 M | 19.03 B |
| Total Asset | 2.01 M | 29.47 B |
| Retained Earnings | (3.35 M) | 9.33 B |
| Working Capital | 153.35 K | 1.48 B |
| Net Asset | 2.01 M |
Eastfield Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eastfield . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.83 | |||
| Day Median Price | 0.025 | |||
| Day Typical Price | 0.025 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) |
About Eastfield Resources Buy or Sell Advice
When is the right time to buy or sell Eastfield Resources? Buying financial instruments such as Eastfield Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Eastfield Stock Analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.