Eloro Resources Stock Analysis
| ELRRF Stock | USD 0.59 0.02 3.28% |
Eloro Resources is overvalued with Real Value of 0.55 and Hype Value of 0.59. The main objective of Eloro Resources otc analysis is to determine its intrinsic value, which is an estimate of what Eloro Resources is worth, separate from its market price. There are two main types of Eloro Resources' stock analysis: fundamental analysis and technical analysis.
The Eloro Resources otc stock is traded in the USA on OTCQX 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 Eloro Resources' ongoing operational relationships across important fundamental and technical indicators.
Eloro |
Eloro OTC Stock Analysis Notes
About 15.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.07. Eloro Resources had not issued any dividends in recent years. The entity had 1:10 split on the 1st of October 2014. Eloro Resources Ltd. engages in the exploration and development of mineral properties. Eloro Resources Ltd. was incorporated in 1975 and is headquartered in Toronto, Canada. Eloro Resources operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Eloro Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Eloro Resources call the company at 416-868-9168 or check out https://www.elororesources.com.Eloro Resources Investment Alerts
| Eloro Resources generated a negative expected return over the last 90 days | |
| Eloro Resources has some characteristics of a very speculative penny stock | |
| Eloro Resources has high historical volatility and very poor performance | |
| Eloro Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (7.11 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eloro Resources has accumulated about 14.45 M in cash with (3.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 15.0% of the company shares are held by company insiders |
Eloro Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 182.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eloro Resources's market, we take the total number of its shares issued and multiply it by Eloro Resources'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 23rd of November, Eloro Resources shows the Mean Deviation of 3.06, variance of 24.35, and Standard Deviation of 4.93. Eloro Resources 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Eloro Resources, which can be compared to its peers. Please confirm Eloro Resources variance and value at risk to decide if Eloro Resources is priced favorably, providing market reflects its regular price of 0.59 per share. As Eloro Resources is a penny stock we also recommend to verify its jensen alpha numbers.Eloro Resources Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eloro Resources 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 Eloro Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Eloro Resources Predictive Daily Indicators
Eloro Resources 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 Eloro Resources otc stock 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.
Eloro Resources Forecast Models
Eloro Resources' time-series forecasting models are one of many Eloro Resources' otc stock 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 Eloro Resources' 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 Eloro OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Eloro Resources 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 Eloro shares will generate the highest return on investment. We also built our otc 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 OTC such as Eloro Resources. By using and applying Eloro OTC Stock analysis, traders can create a robust methodology for identifying Eloro entry and exit points for their positions.
Eloro Resources Ltd. engages in the exploration and development of mineral properties. Eloro Resources Ltd. was incorporated in 1975 and is headquartered in Toronto, Canada. Eloro Resources operates under Gold classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Eloro Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Eloro OTC Stock analysis
When running Eloro Resources' price analysis, check to measure Eloro 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 Eloro Resources is operating at the current time. Most of Eloro Resources' value examination focuses on studying past and present price action to predict the probability of Eloro Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eloro Resources' price. Additionally, you may evaluate how the addition of Eloro Resources to your portfolios can decrease your overall portfolio volatility.
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