Elemental Royalties Corp Stock Performance
| ELE Stock | 1.15 0.01 0.88% |
On a scale of 0 to 100, Elemental Royalties holds a performance score of 6. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Elemental Royalties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elemental Royalties is expected to be smaller as well. Please check Elemental Royalties' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Elemental Royalties' price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Elemental Royalties Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Elemental Royalties showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:209 | Dividend Date 2020-07-27 | Last Split Date 2020-07-27 |
1 | Elemental Altus Announces Karlawinda Production Expansion - TipRanks | 10/30/2024 |
2 | Elemental Altus Royalties Q3 Financial Statements Management Discussion Analysis 2024 MDA - Marketscreener.com | 11/19/2024 |
| Begin Period Cash Flow | 17.5 M |
Elemental |
Elemental Royalties Relative Risk vs. Return Landscape
If you would invest 102.00 in Elemental Royalties Corp on September 1, 2024 and sell it today you would earn a total of 13.00 from holding Elemental Royalties Corp or generate 12.75% return on investment over 90 days. Elemental Royalties Corp is currently producing 0.2224% returns and takes up 2.5409% volatility of returns over 90 trading days. Put another way, 22% of traded stocks are less volatile than Elemental, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Elemental Royalties Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elemental Royalties' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elemental Royalties Corp, and traders can use it to determine the average amount a Elemental Royalties' 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 = 0.0875
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Elemental Royalties is performing at about 6% 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 Elemental Royalties by adding it to a well-diversified portfolio.
Elemental Royalties Fundamentals Growth
Elemental Stock prices reflect investors' perceptions of the future prospects and financial health of Elemental Royalties, and Elemental Royalties 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 Elemental Stock performance.
| Return On Equity | -0.0071 | ||||
| Return On Asset | -0.0059 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 301.98 M | ||||
| Shares Outstanding | 245.76 M | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 21.06 X | ||||
| Revenue | 11.74 M | ||||
| Gross Profit | 9.19 M | ||||
| EBITDA | 4.92 M | ||||
| Net Income | (3.9 M) | ||||
| Total Debt | 33.72 M | ||||
| Book Value Per Share | 0.79 X | ||||
| Cash Flow From Operations | 1.99 M | ||||
| Earnings Per Share | 0.01 X | ||||
| Market Capitalization | 282.63 M | ||||
| Total Asset | 188.92 M | ||||
| Retained Earnings | (29.17 M) | ||||
| Working Capital | 16.79 M | ||||
About Elemental Royalties Performance
Evaluating Elemental Royalties' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Elemental Royalties 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 Elemental Royalties 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 | 1.2 K | 1.2 K | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Elemental Royalties Corp performance evaluation
Checking the ongoing alerts about Elemental Royalties for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elemental Royalties Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elemental Royalties may become a speculative penny stock | |
| The company reported the revenue of 11.74 M. Net Loss for the year was (3.9 M) with profit before overhead, payroll, taxes, and interest of 9.19 M. | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Elemental Altus Royalties Q3 Financial Statements Management Discussion Analysis 2024 MDA - Marketscreener.com |
- Analyzing Elemental Royalties' 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 Elemental Royalties' stock is overvalued or undervalued compared to its peers.
- Examining Elemental Royalties' 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 Elemental Royalties' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elemental Royalties' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elemental Royalties' stock. These opinions can provide insight into Elemental Royalties' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Elemental Stock Analysis
When running Elemental Royalties' price analysis, check to measure Elemental Royalties' 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 Elemental Royalties is operating at the current time. Most of Elemental Royalties' value examination focuses on studying past and present price action to predict the probability of Elemental Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elemental Royalties' price. Additionally, you may evaluate how the addition of Elemental Royalties to your portfolios can decrease your overall portfolio volatility.