Elcora Advanced Materials Stock Analysis

ECORF Stock  USD 0.01  0  17.24%   
Elcora Advanced Materials is overvalued with Real Value of 0.0107 and Hype Value of 0.01. The main objective of Elcora Advanced pink sheet analysis is to determine its intrinsic value, which is an estimate of what Elcora Advanced Materials is worth, separate from its market price. There are two main types of Elcora Advanced's stock analysis: fundamental analysis and technical analysis.
The Elcora Advanced pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elcora Advanced's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elcora Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Elcora Pink Sheet Analysis Notes

The company recorded a loss per share of 0.01. Elcora Advanced Materials had not issued any dividends in recent years. Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.The quote for Elcora Advanced Materials is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Elcora Advanced Materials call Troy Grant at 604-336-3194 or check out https://www.elcoracorp.com.

Elcora Advanced Materials Investment Alerts

Elcora Advanced had very high historical volatility over the last 90 days
Elcora Advanced has some characteristics of a very speculative penny stock
Elcora Advanced Materials has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (959.09 K) with profit before overhead, payroll, taxes, and interest of 0.
Elcora Advanced Materials has accumulated about 208.06 K in cash with (1.43 M) of positive cash flow from operations.

Elcora Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elcora Advanced's market, we take the total number of its shares issued and multiply it by Elcora Advanced's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 1st of December, Elcora Advanced shows the Standard Deviation of 10.26, mean deviation of 5.38, and Coefficient Of Variation of (17,681). Elcora Advanced Materials technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elcora Advanced Materials market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Elcora Advanced Materials is priced favorably, providing market reflects its regular price of 0.012 per share. As Elcora Advanced Materials appears to be a penny stock we also advise to verify its jensen alpha numbers.

Elcora Advanced Materials Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elcora Advanced middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elcora Advanced Materials. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Elcora Advanced Predictive Daily Indicators

Elcora Advanced intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elcora Advanced pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Elcora Advanced Forecast Models

Elcora Advanced's time-series forecasting models are one of many Elcora Advanced's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elcora Advanced's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Elcora Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Elcora Advanced prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elcora shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Elcora Advanced. By using and applying Elcora Pink Sheet analysis, traders can create a robust methodology for identifying Elcora entry and exit points for their positions.
Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada. Elcora Resources is traded on OTC Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Elcora Advanced to your portfolios without increasing risk or reducing expected return.

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