Emerita Resources Corp Stock Price on August 19, 2024
| EMO Stock | CAD 0.86 0.03 3.61% |
Below is the normalized historical share price chart for Emerita Resources Corp extending back to November 30, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Emerita Resources stands at 0.86, as last reported on the 11th of December 2024, with the highest price reaching 0.88 and the lowest price hitting 0.83 during the day.
If you're considering investing in Emerita Stock, it is important to understand the factors that can impact its price. Emerita Resources appears to be extremely dangerous, given 3 months investment horizon. Emerita Resources Corp secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. By reviewing Emerita Resources' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Emerita Resources' Downside Deviation of 3.32, coefficient of variation of 689.17, and Mean Deviation of 3.05 to check if our risk estimates are consistent with your expectations.
At this time, Emerita Resources' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 259.6 M in 2024, whereas Sale Purchase Of Stock is likely to drop slightly above 1.2 M in 2024. . At this time, Emerita Resources' Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 5.23 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.03). Emerita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.5901 | 50 Day MA 0.6511 | Beta 5.033 |
Emerita |
Sharpe Ratio = 0.1435
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Estimated Market Risk
| 4.22 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Emerita Resources is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Emerita Resources by adding it to a well-diversified portfolio.
Price Book 27.4052 | Book Value 0.03 | Enterprise Value 198.7 M | Enterprise Value Ebitda (4.13) | Shares Float 232.3 M |
Emerita Resources Valuation on August 19, 2024
It is possible to determine the worth of Emerita Resources on a given historical date. On August 19, 2024 Emerita was worth 0.65 at the beginning of the trading date compared to the closed value of 0.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emerita Resources stock. Still, in general, we apply an absolute valuation method to find Emerita Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Emerita Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emerita Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.65 | 0.68 | 0.65 | 0.65 | 557,695 | |
08/19/2024 | 0.65 | 0.66 | 0.64 | 0.64 | 1,044,469 |
| 0.66 | 0.66 | 0.64 | 0.65 | 241,976 |
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Emerita Resources Trading Date Momentum on August 19, 2024
| On August 20 2024 Emerita Resources Corp was traded for 0.65 at the closing time. The highest daily price throughout the period was 0.66 and the lowest price was 0.64 . The daily volume was 242 K. The net trading volume on 08/20/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 1.56% . The overall trading delta to current closing price is 6.25% . |
Emerita Resources Corp Fundamentals Correlations and Trends
By evaluating Emerita Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Emerita Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emerita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emerita Resources Stock history
Emerita Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Emerita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emerita Resources Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Emerita Resources stock prices may prove useful in developing a viable investing in Emerita Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 247.2 M | 259.6 M | |
| Net Loss | -18.6 M | -17.7 M |
Emerita Resources Stock Technical Analysis
Emerita Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Emerita Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Emerita Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Emerita Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Emerita Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Emerita Resources shares will generate the highest return on investment. By undertsting and applying Emerita Resources stock market strength indicators, traders can identify Emerita Resources Corp entry and exit signals to maximize returns
Emerita Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emerita Resources' price direction in advance. Along with the technical and fundamental analysis of Emerita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emerita to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1131 | |||
| Jensen Alpha | 0.4786 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1443 | |||
| Treynor Ratio | 0.5893 |
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Additional Tools for Emerita Stock Analysis
When running Emerita Resources' price analysis, check to measure Emerita 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 Emerita Resources is operating at the current time. Most of Emerita Resources' value examination focuses on studying past and present price action to predict the probability of Emerita Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerita Resources' price. Additionally, you may evaluate how the addition of Emerita Resources to your portfolios can decrease your overall portfolio volatility.