EQ Resources (Australia) Performance

EQR Stock   0.05  0  1.92%   
On a scale of 0 to 100, EQ Resources holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EQ Resources are expected to decrease at a much lower rate. During the bear market, EQ Resources is likely to outperform the market. Please check EQ Resources' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether EQ Resources' current price history will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in EQ Resources are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, EQ Resources unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor
1:1
Last Split Date
2008-06-05
1
EQ Resources Full Year 2024 Earnings AU0.001 loss per share - Yahoo Finance
10/01/2024
Begin Period Cash Flow5.3 M
  

EQ Resources Relative Risk vs. Return Landscape

If you would invest  4.10  in EQ Resources on August 30, 2024 and sell it today you would earn a total of  1.00  from holding EQ Resources or generate 24.39% return on investment over 90 days. EQ Resources is generating 0.4722% of daily returns assuming 5.2446% volatility of returns over the 90 days investment horizon. Simply put, 46% of all stocks have less volatile historical return distribution than EQ Resources, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon EQ Resources is expected to generate 6.74 times more return on investment than the market. However, the company is 6.74 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.15 per unit of risk.

EQ Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for EQ Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EQ Resources, and traders can use it to determine the average amount a EQ 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 = 0.09

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Estimated Market Risk

 5.24
  actual daily
46
54% of assets are more volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average EQ Resources is performing at about 7% 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 EQ Resources by adding it to a well-diversified portfolio.

EQ Resources Fundamentals Growth

EQR Stock prices reflect investors' perceptions of the future prospects and financial health of EQ Resources, and EQ 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 EQR Stock performance.

About EQ Resources Performance

Assessing EQ Resources' fundamental ratios provides investors with valuable insights into EQ Resources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the EQ Resources is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
EQ Resources is entity of Australia. It is traded as Stock on AU exchange.

Things to note about EQ Resources performance evaluation

Checking the ongoing alerts about EQ Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EQ Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
EQ Resources had very high historical volatility over the last 90 days
EQ Resources has some characteristics of a very speculative penny stock
EQ Resources has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 26.48 M. Net Loss for the year was (28.26 M) with loss before overhead, payroll, taxes, and interest of (120.19 K).
EQ Resources generates negative cash flow from operations
About 29.0% of the company shares are held by company insiders
Evaluating EQ Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate EQ Resources' stock performance include:
  • Analyzing EQ 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 EQ Resources' stock is overvalued or undervalued compared to its peers.
  • Examining EQ 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 EQ Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of EQ Resources' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of EQ Resources' stock. These opinions can provide insight into EQ Resources' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating EQ Resources' stock performance is not an exact science, and many factors can impact EQ Resources' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for EQR Stock Analysis

When running EQ Resources' price analysis, check to measure EQ 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 EQ Resources is operating at the current time. Most of EQ Resources' value examination focuses on studying past and present price action to predict the probability of EQ Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQ Resources' price. Additionally, you may evaluate how the addition of EQ Resources to your portfolios can decrease your overall portfolio volatility.