Eline Entertainment Group Stock Performance
| EEGI Stock | USD 0.0002 0.00 0.00% |
Eline Entertainment holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0327, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eline Entertainment are expected to decrease at a much lower rate. During the bear market, Eline Entertainment is likely to outperform the market. Use Eline Entertainment value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to analyze future returns on Eline Entertainment.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Eline Entertainment Group are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite fairly unfluctuating technical and fundamental indicators, Eline Entertainment demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Eline |
Eline Entertainment Relative Risk vs. Return Landscape
If you would invest 0.01 in Eline Entertainment Group on September 3, 2024 and sell it today you would earn a total of 0.01 from holding Eline Entertainment Group or generate 100.0% return on investment over 90 days. Eline Entertainment Group is currently generating 6.5625% in daily expected returns and assumes 39.0855% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Eline, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Eline Entertainment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eline Entertainment's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Eline Entertainment Group, and traders can use it to determine the average amount a Eline Entertainment's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1679
| Best Portfolio | Best Equity | EEGI | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 39.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Eline Entertainment is performing at about 13% 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 Eline Entertainment by adding it to a well-diversified portfolio.
Eline Entertainment Fundamentals Growth
Eline Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Eline Entertainment, and Eline Entertainment fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eline Pink Sheet performance.
| Return On Asset | -0.83 | |||
| Current Valuation | 4.96 M | |||
| Shares Outstanding | 8.26 B | |||
| Price To Earning | 0.01 X | |||
| Price To Book | 0.09 X | |||
| Revenue | 1000 K | |||
| Cash And Equivalents | 1.18 M | |||
| Cash Flow From Operations | 71.22 K | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 730.01 K | |||
| Retained Earnings | (1.75 M) | |||
| Current Liabilities | 753 K | |||
About Eline Entertainment Performance
By evaluating Eline Entertainment's fundamental ratios, stakeholders can gain valuable insights into Eline Entertainment's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eline Entertainment has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eline Entertainment has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Eline Entertainment Group, Inc., engages in the production and distribution of sports and entertainment. The company was incorporated in 1997 and is based in Sacramento, California. Eline Entertainment is traded on OTC Exchange in the United States.Things to note about Eline Entertainment performance evaluation
Checking the ongoing alerts about Eline Entertainment for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Eline Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eline Entertainment is way too risky over 90 days horizon | |
| Eline Entertainment has some characteristics of a very speculative penny stock | |
| Eline Entertainment appears to be risky and price may revert if volatility continues | |
| Eline Entertainment has high likelihood to experience some financial distress in the next 2 years | |
| About 29.0% of the company shares are held by company insiders |
- Analyzing Eline Entertainment's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eline Entertainment's stock is overvalued or undervalued compared to its peers.
- Examining Eline Entertainment's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eline Entertainment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eline Entertainment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eline Entertainment's pink sheet. These opinions can provide insight into Eline Entertainment's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eline Pink Sheet analysis
When running Eline Entertainment's price analysis, check to measure Eline Entertainment'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 Eline Entertainment is operating at the current time. Most of Eline Entertainment's value examination focuses on studying past and present price action to predict the probability of Eline Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eline Entertainment's price. Additionally, you may evaluate how the addition of Eline Entertainment to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stocks Directory Find actively traded stocks across global markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |