Is It Worth Investing in Exxon Based on Wall Streets Bullish Views - Yahoo Finance Australia

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.
  
Is It Worth Investing in Exxon Based on Wall Streets Bullish Views Yahoo Finance Australia

Read at news.google.com
Google News at Macroaxis
  

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.

Z Score

Z Score Comparative Analysis

Elray Resources is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

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

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.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Transaction History
View history of all your transactions and understand their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk