Emerita Resources Corp Stock Performance
| EMO Stock | CAD 0.66 0.03 4.76% |
Emerita Resources has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Emerita Resources returns are very sensitive to returns on the market. As the market goes up or down, Emerita Resources is expected to follow. Emerita Resources Corp right now shows a risk of 3.49%. Please confirm Emerita Resources Corp downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Emerita Resources Corp will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Emerita Resources Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, Emerita Resources may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Last Split Factor 1:5 | Dividend Date 2019-05-17 | Last Split Date 2019-05-17 |
1 | Exploration Expansion Targets High-Grade Copper Potential in Nevada - Streetwise Reports | 11/05/2024 |
| Begin Period Cash Flow | 20.1 M |
Emerita |
Emerita Resources Relative Risk vs. Return Landscape
If you would invest 62.00 in Emerita Resources Corp on September 3, 2024 and sell it today you would earn a total of 4.00 from holding Emerita Resources Corp or generate 6.45% return on investment over 90 days. Emerita Resources Corp is currently producing 0.1564% returns and takes up 3.4868% volatility of returns over 90 trading days. Put another way, 31% of traded stocks are less volatile than Emerita, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Emerita Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emerita Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Emerita Resources Corp, and traders can use it to determine the average amount a Emerita Resources' 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 = 0.0449
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Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Emerita Resources is performing at about 3% 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.
Emerita Resources Fundamentals Growth
Emerita Stock prices reflect investors' perceptions of the future prospects and financial health of Emerita Resources, and Emerita Resources 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 Emerita Stock performance.
| Return On Equity | -1.27 | |||
| Return On Asset | -0.74 | |||
| Current Valuation | 159.1 M | |||
| Shares Outstanding | 247.36 M | |||
| Price To Book | 22.06 X | |||
| Gross Profit | (9.6 M) | |||
| EBITDA | (21.9 M) | |||
| Net Income | (21.49 M) | |||
| Cash And Equivalents | 36.79 K | |||
| Total Debt | 1.58 M | |||
| Current Ratio | 0.14 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (21.07 M) | |||
| Earnings Per Share | (0.06) X | |||
| Market Capitalization | 163.25 M | |||
| Total Asset | 13.27 M | |||
| Retained Earnings | (76.01 M) | |||
| Working Capital | 11 M | |||
About Emerita Resources Performance
Evaluating Emerita Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Emerita Resources 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 Emerita Resources 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.24 | 0.25 | |
| Return On Capital Employed | (0.33) | (0.34) | |
| Return On Assets | 0.24 | 0.25 | |
| Return On Equity | 0.26 | 0.28 |
Things to note about Emerita Resources Corp performance evaluation
Checking the ongoing alerts about Emerita Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Emerita Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Emerita Resources has some characteristics of a very speculative penny stock | |
| Emerita Resources had very high historical volatility over the last 90 days | |
| Emerita Resources Corp has accumulated 1.58 M in total debt. Emerita Resources Corp has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Emerita Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Emerita Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Emerita Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emerita to invest in growth at high rates of return. When we think about Emerita Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (21.49 M) with loss before overhead, payroll, taxes, and interest of (9.6 M). | |
| Emerita Resources Corp has accumulated about 36.79 K in cash with (21.07 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Exploration Expansion Targets High-Grade Copper Potential in Nevada - Streetwise Reports |
- Analyzing Emerita Resources' 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 Emerita Resources' stock is overvalued or undervalued compared to its peers.
- Examining Emerita Resources' 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 Emerita Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Emerita Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Emerita Resources' stock. These opinions can provide insight into Emerita Resources' potential for growth and whether the stock is currently undervalued or overvalued.
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.