Eros Resources Corp Stock Price on June 4, 2024
| ERC Stock | CAD 0.04 0.00 0.00% |
Below is the normalized historical share price chart for Eros Resources Corp extending back to June 15, 2007. 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 Eros Resources stands at 0.04, as last reported on the 26th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Eros Stock, it is important to understand the factors that can impact its price. Eros Resources appears to be out of control, given 3 months investment horizon. Eros Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0333, which denotes the company had a 0.0333% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Eros Resources Corp, which you can use to evaluate the volatility of the firm. Please utilize Eros Resources' Mean Deviation of 2.19, variance of 40.26, and Standard Deviation of 6.34 to check if our risk estimates are consistent with your expectations.
At this time, Eros Resources' Total Stockholder Equity is fairly stable compared to the past year. Sale Purchase Of Stock is likely to climb to about 1.2 M in 2024, whereas Common Stock is likely to drop slightly above 71.8 M in 2024. . Eros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0403 | 50 Day MA 0.0438 | Beta 0.662 |
Eros |
Sharpe Ratio = 0.0333
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Estimated Market Risk
| 6.55 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Eros Resources is performing at about 2% 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 Eros Resources by adding it to a well-diversified portfolio.
Price Book 0.5668 | Enterprise Value Ebitda (1.36) | Price Sales 52.2 K | Shares Float 97.8 M | Earnings Share (0.01) |
Eros Resources Valuation on June 4, 2024
It is possible to determine the worth of Eros Resources on a given historical date. On June 4, 2024 Eros was worth 0.035 at the beginning of the trading date compared to the closed value of 0.035. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eros Resources stock. Still, in general, we apply an absolute valuation method to find Eros 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 Eros Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eros Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
06/04/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
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Eros Resources Trading Date Momentum on June 4, 2024
| On June 05 2024 Eros Resources Corp was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 06/05/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Eros Resources Corp Fundamentals Correlations and Trends
By evaluating Eros 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 Eros Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eros Resources Stock history
Eros 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 Eros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eros 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 Eros Resources stock prices may prove useful in developing a viable investing in Eros Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 112.6 M | 95.2 M | |
| Net Income Applicable To Common Shares | 1.2 M | 1.3 M |
Eros Resources Stock Technical Analysis
Eros 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
Eros Resources Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Eros 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.
Eros Resources November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Eros 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 Eros Resources shares will generate the highest return on investment. By undertsting and applying Eros Resources stock market strength indicators, traders can identify Eros Resources Corp entry and exit signals to maximize returns
Eros Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eros Resources' price direction in advance. Along with the technical and fundamental analysis of Eros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eros 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 | 0.0336 | |||
| Jensen Alpha | 0.2472 | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.45) |
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Additional Tools for Eros 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.