Enduro Metals Stock Analysis

Enduro OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enduro Metals had not issued any dividends in recent years. Enduro Metals Corporation engages in the identification, acquisition, and exploration of mineral properties in Canada. Enduro Metals Corporation was incorporated in 2009 and is based in Kelowna, Canada. Enduro Metals is traded on OTC Exchange in the United States.The quote for Enduro Metals 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 Enduro Metals call Cole Evans at 236-420-4050 or check out https://endurometals.com.

Enduro Metals Investment Alerts

Enduro Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 21.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enduro Metals's market, we take the total number of its shares issued and multiply it by Enduro Metals'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 29th of November, Enduro Metals shows the Standard Deviation of 6.74, mean deviation of 3.39, and Coefficient Of Variation of (3,267). Enduro Metals 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 have collected data for thirteen technical drivers for Enduro Metals, which can be compared to its peers. Please confirm Enduro Metals standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Enduro Metals is priced favorably, providing market reflects its regular price of 0.12 per share. As Enduro Metals appears to be a penny stock we also advise to verify its jensen alpha numbers.

Enduro Metals Price Movement Analysis

Enduro Metals Predictive Daily Indicators

Enduro Metals Forecast Models

Enduro Metals' time-series forecasting models are one of many Enduro Metals' 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 Enduro Metals' 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Enduro Metals 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 Enduro 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 Enduro Metals. By using and applying Enduro OTC Stock analysis, traders can create a robust methodology for identifying Enduro entry and exit points for their positions.

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