Eastfield Resources Stock Performance
| ETF Stock | CAD 0.03 0.01 16.67% |
The firm shows a Beta (market volatility) of 1.46, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eastfield Resources will likely underperform. Eastfield Resources right now shows a risk of 7.72%. Please confirm Eastfield Resources jensen alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Eastfield Resources will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Eastfield Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Eastfield Resources is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 175.7 K |
Eastfield |
Eastfield Resources Relative Risk vs. Return Landscape
If you would invest 3.00 in Eastfield Resources on September 3, 2024 and sell it today you would lose (0.50) from holding Eastfield Resources or give up 16.67% of portfolio value over 90 days. Eastfield Resources is currently producing negative expected returns and takes up 7.7152% volatility of returns over 90 trading days. Put another way, 68% of traded stocks are less volatile than Eastfield, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eastfield Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastfield Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eastfield Resources, and traders can use it to determine the average amount a Eastfield 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 = 0.0
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| Negative Returns | ETF |
Estimated Market Risk
| 7.72 actual daily | 68 68% of assets are less volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eastfield Resources is not performing at its full potential. However, 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 Eastfield Resources by adding Eastfield Resources to a well-diversified portfolio.
Eastfield Resources Fundamentals Growth
Eastfield Stock prices reflect investors' perceptions of the future prospects and financial health of Eastfield Resources, and Eastfield 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 Eastfield Stock performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0626 | |||
| Current Valuation | 1.28 M | |||
| Shares Outstanding | 61.56 M | |||
| Price To Book | 0.90 X | |||
| EBITDA | (271.84 K) | |||
| Net Income | (321.31 K) | |||
| Cash And Equivalents | 385.51 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 165.37 K | |||
| Current Ratio | 6.81 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (217.71 K) | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 1.54 M | |||
| Total Asset | 2.01 M | |||
| Retained Earnings | (3.35 M) | |||
| Working Capital | 153.35 K | |||
About Eastfield Resources Performance
Evaluating Eastfield Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eastfield 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 Eastfield 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 | ||
| Days Of Inventory On Hand | (1.02) | (1.07) | |
| Return On Tangible Assets | (0.16) | (0.15) | |
| Return On Capital Employed | (0.12) | (0.12) | |
| Return On Assets | (0.16) | (0.15) | |
| Return On Equity | (0.19) | (0.18) |
Things to note about Eastfield Resources performance evaluation
Checking the ongoing alerts about Eastfield Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eastfield Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing Eastfield 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 Eastfield Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eastfield 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 Eastfield Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastfield Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eastfield Resources' stock. These opinions can provide insight into Eastfield Resources' potential for growth and whether the stock is currently undervalued or overvalued.
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.