Erdene Resource Development Stock Net Income
| ERD Stock | CAD 8.27 0.30 3.76% |
As of the 15th of February 2026, Erdene Resource shows the Semi Deviation of 3.2, mean deviation of 2.79, and Downside Deviation of 3.45. Erdene Resource Deve technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Erdene Resource Total Revenue |
|
| Last Reported | Projected for Next Year | ||
| Net Loss | -7.4 M | -7.8 M | |
| Net Loss | -7.4 M | -7.8 M | |
| Net Loss | -7.4 M | -7.8 M | |
| Net Loss | (0.02) | (0.02) | |
| Net Loss | (0.13) | (0.12) |
Erdene | Net Income |
Evaluating Erdene Resource's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Erdene Resource Development's fundamental strength.
Latest Erdene Resource's Net Income Growth Pattern
Below is the plot of the Net Income of Erdene Resource Development over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Erdene Resource Deve financial statement analysis. It represents the amount of money remaining after all of Erdene Resource Development operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Erdene Resource's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erdene Resource's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (8.25 M) | 10 Years Trend |
|
Net Income |
| Timeline |
Erdene Net Income Regression Statistics
| Arithmetic Mean | (6,559,774) | |
| Geometric Mean | 4,407,839 | |
| Coefficient Of Variation | (79.35) | |
| Mean Deviation | 4,148,969 | |
| Median | (5,579,858) | |
| Standard Deviation | 5,205,471 | |
| Sample Variance | 27.1T | |
| Range | 18.5M | |
| R-Value | (0.20) | |
| Mean Square Error | 27.8T | |
| R-Squared | 0.04 | |
| Significance | 0.45 | |
| Slope | (204,408) | |
| Total Sum of Squares | 433.6T |
Erdene Net Income History
Erdene Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Erdene Resource is extremely important. It helps to project a fair market value of Erdene Stock properly, considering its historical fundamentals such as Net Income. Since Erdene Resource's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Erdene Resource's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Erdene Resource's interrelated accounts and indicators.
Click cells to compare fundamentals
Erdene Resource 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Erdene Resource's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Erdene Resource.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in Erdene Resource on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding Erdene Resource Development or generate 0.0% return on investment in Erdene Resource over 90 days. Erdene Resource is related to or competes with Skeena Resources, Americas Silver, Ero Copper, Endeavour Silver, Wesdome Gold, Seabridge Gold, and Almonty Industries. Erdene Resource Development Corporation focuses in the acquisition, exploration, and development of precious and base mi... More
Erdene Resource Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Erdene Resource's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Erdene Resource Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0495 | |||
| Maximum Drawdown | 25.72 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 6.02 |
Erdene Resource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erdene Resource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Erdene Resource's standard deviation. In reality, there are many statistical measures that can use Erdene Resource historical prices to predict the future Erdene Resource's volatility.| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.1396 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0556 | |||
| Treynor Ratio | 0.1346 |
Erdene Resource February 15, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0624 | |||
| Market Risk Adjusted Performance | 0.1446 | |||
| Mean Deviation | 2.79 | |||
| Semi Deviation | 3.2 | |||
| Downside Deviation | 3.45 | |||
| Coefficient Of Variation | 1480.48 | |||
| Standard Deviation | 3.87 | |||
| Variance | 15.0 | |||
| Information Ratio | 0.0495 | |||
| Jensen Alpha | 0.1396 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0556 | |||
| Treynor Ratio | 0.1346 | |||
| Maximum Drawdown | 25.72 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 6.02 | |||
| Downside Variance | 11.88 | |||
| Semi Variance | 10.26 | |||
| Expected Short fall | (3.13) | |||
| Skewness | 0.8616 | |||
| Kurtosis | 4.17 |
Erdene Resource Deve Backtested Returns
Erdene Resource appears to be slightly risky, given 3 months investment horizon. Erdene Resource Deve secures Sharpe Ratio (or Efficiency) of 0.0724, which denotes the company had a 0.0724 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Erdene Resource Development, which you can use to evaluate the volatility of the firm. Please utilize Erdene Resource's Mean Deviation of 2.79, downside deviation of 3.45, and Semi Deviation of 3.2 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Erdene Resource holds a performance score of 5. The firm shows a Beta (market volatility) of 1.87, 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, Erdene Resource will likely underperform. Please check Erdene Resource's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Erdene Resource's price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Erdene Resource Development has poor reverse predictability. Overlapping area represents the amount of predictability between Erdene Resource time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Erdene Resource Deve price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Erdene Resource price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Erdene Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Erdene Resource Development reported net income of (8.25 Million). This is 31.48% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 101.44% higher than that of the company.
Erdene Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erdene Resource's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Erdene Resource could also be used in its relative valuation, which is a method of valuing Erdene Resource by comparing valuation metrics of similar companies.Erdene Resource is currently under evaluation in net income category among its peers.
Erdene Resource Current Valuation Drivers
We derive many important indicators used in calculating different scores of Erdene Resource from analyzing Erdene Resource's financial statements. These drivers represent accounts that assess Erdene Resource's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Erdene Resource's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 712.4M | 514.4M | 737.4M | 1.2B | 1.1B | 1.1B | |
| Enterprise Value | 705.5M | 507.1M | 733.0M | 1.2B | 1.0B | 1.1B |
Erdene Fundamentals
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.0709 | ||||
| Current Valuation | 531.12 M | ||||
| Shares Outstanding | 64.86 M | ||||
| Shares Owned By Insiders | 24.55 % | ||||
| Shares Owned By Institutions | 4.30 % | ||||
| Number Of Shares Shorted | 128.29 K | ||||
| Price To Earning | (29.60) X | ||||
| Price To Book | 9.87 X | ||||
| EBITDA | (3.48 M) | ||||
| Net Income | (8.25 M) | ||||
| Cash And Equivalents | 7.06 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 782.85 K | ||||
| Debt To Equity | 1.04 % | ||||
| Current Ratio | 1.87 X | ||||
| Book Value Per Share | 0.89 X | ||||
| Cash Flow From Operations | (3.3 M) | ||||
| Short Ratio | 2.26 X | ||||
| Earnings Per Share | (0.20) X | ||||
| Target Price | 14.5 | ||||
| Number Of Employees | 419 | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 536.4 M | ||||
| Total Asset | 63 M | ||||
| Retained Earnings | (136.75 M) | ||||
| Working Capital | 6.6 M | ||||
| Net Asset | 63 M |
About Erdene Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erdene Resource Development's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erdene Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erdene Resource Development based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Erdene Resource
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Erdene Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Erdene Resource will appreciate offsetting losses from the drop in the long position's value.Moving together with Erdene Stock
| 0.78 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
| 0.84 | IE | Ivanhoe Energy | PairCorr |
| 0.66 | ORE | Orezone Gold Corp | PairCorr |
| 0.77 | FDY | Faraday Copper Corp | PairCorr |
Moving against Erdene Stock
The ability to find closely correlated positions to Erdene Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erdene Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Erdene Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Erdene Resource Development to buy it.
The correlation of Erdene Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Erdene Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erdene Resource Deve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Erdene Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Erdene Stock
Erdene Resource financial ratios help investors to determine whether Erdene Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erdene with respect to the benefits of owning Erdene Resource security.