Gaming Americas Weekly Roundup March 13-19 European ... - European Gaming Industry News
| ELRA Stock | USD 0.0004 0.0001 33.33% |
About 56% of all Elray Resources' investors are looking to take a long position. The analysis of overall sentiment of trading Elray Resources pink sheet suggests that some investors are interested at this time. The current market sentiment, together with Elray Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Elray Resources stock news signals to limit their universe of possible portfolio assets.
Elray |
Gaming Americas Weekly Roundup March 13-19 European ... European Gaming Industry News
Read at news.google.com
 |
Elray Resources Fundamental Analysis
We analyze Elray Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elray Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elray Resources 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.
Current Asset
Current Asset Comparative Analysis
Elray Resources is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Elray Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elray Resources pink sheet to make a market-neutral strategy. Peer analysis of Elray Resources could also be used in its relative valuation, which is a method of valuing Elray Resources by comparing valuation metrics with similar companies.
Peers
Elray Resources Related Equities
| RSI | Rush Street | 1.96 | ||||
| CHDN | Churchill Downs | 1.61 | ||||
| INSE | Inspired Entertainment | 0.50 | ||||
| ACEL | Accel Entertainment | 0.09 | ||||
| EVRI | Everi Holdings | 0.07 | ||||
| GAN | Gan | 0.53 | ||||
| LNW | Light Wonder | 1.19 | ||||
| IGT | International Game | 2.07 | ||||
| LTRY | Lottery, Common | 3.13 |
Complementary Tools for Elray Pink Sheet analysis
When running Elray Resources' price analysis, check to measure Elray 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 Elray Resources is operating at the current time. Most of Elray Resources' value examination focuses on studying past and present price action to predict the probability of Elray Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elray Resources' price. Additionally, you may evaluate how the addition of Elray Resources to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |