Entree Resources Stock Performance
| ETG Stock | CAD 2.56 0.02 0.79% |
On a scale of 0 to 100, Entree Resources holds a performance score of 8. The firm shows a Beta (market volatility) of -0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Entree Resources are expected to decrease at a much lower rate. During the bear market, Entree Resources is likely to outperform the market. Please check Entree Resources' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Entree Resources' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Entree Resources are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, Entree Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 6.4 M |
Entree |
Entree Resources Relative Risk vs. Return Landscape
If you would invest 210.00 in Entree Resources on November 4, 2024 and sell it today you would earn a total of 46.00 from holding Entree Resources or generate 21.9% return on investment over 90 days. Entree Resources is generating 0.3692% of daily returns assuming 3.3601% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than Entree Resources, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Entree Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Entree Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Entree Resources, and traders can use it to determine the average amount a Entree 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 = 0.1099
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Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Entree Resources is performing at about 8% 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 Entree Resources by adding it to a well-diversified portfolio.
Entree Resources Fundamentals Growth
Entree Stock prices reflect investors' perceptions of the future prospects and financial health of Entree Resources, and Entree 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 Entree Stock performance.
| Return On Asset | -0.47 | ||||
| Current Valuation | 534.33 M | ||||
| Shares Outstanding | 205.97 M | ||||
| Price To Earning | (22.50) X | ||||
| Price To Book | 3.89 X | ||||
| EBITDA | (4.54 K) | ||||
| Cash And Equivalents | 6.41 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 12.76 M | ||||
| Debt To Equity | 31.40 % | ||||
| Book Value Per Share | (0.34) X | ||||
| Cash Flow From Operations | (3.1 M) | ||||
| Earnings Per Share | (0.07) X | ||||
| Total Asset | 7.21 M | ||||
| Retained Earnings | (274.31 M) | ||||
About Entree Resources Performance
By examining Entree Resources' fundamental ratios, stakeholders can obtain critical insights into Entree Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Entree Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Entre Resources Ltd., an exploration stage company, engages in the exploration of mineral resource properties located in Mongolia, Peru, Australia, and Canada. Entre Resources Ltd. was founded in 1995 and is headquartered in Vancouver, Canada. ENTREE RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 5 people.Things to note about Entree Resources performance evaluation
Checking the ongoing alerts about Entree Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Entree Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Entree Resources had very high historical volatility over the last 90 days | |
| Entree Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (9.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Entree Resources has accumulated about 6.41 M in cash with (3.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 43.0% of the company shares are held by company insiders |
- Analyzing Entree 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 Entree Resources' stock is overvalued or undervalued compared to its peers.
- Examining Entree 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 Entree Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Entree Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Entree Resources' stock. These opinions can provide insight into Entree Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Entree Stock
Entree Resources financial ratios help investors to determine whether Entree 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 Entree with respect to the benefits of owning Entree Resources security.