Eros Resources Corp Stock Analysis
| EROSF Stock | USD 0.04 0.00 0.00% |
Eros Resources Corp is overvalued with Real Value of 0.0321 and Hype Value of 0.04. The main objective of Eros Resources otc analysis is to determine its intrinsic value, which is an estimate of what Eros Resources Corp is worth, separate from its market price. There are two main types of Eros Resources' stock analysis: fundamental analysis and technical analysis.
The Eros Resources otc stock is traded in the USA on OTCQB 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 Eros Resources' ongoing operational relationships across important fundamental and technical indicators.
Eros |
Eros OTC Stock Analysis Notes
The company has price-to-book (P/B) ratio of 0.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eros Resources Corp had not issued any dividends in recent years. The entity had 1:3 split on the 11th of July 2005. Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. Its principal property is the Bell Mountain project, which consists of unpatented mining claims located to the southeast of Reno, Nevada. Eros Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Eros Resources Corp 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 Eros Resources Corp call the company at 604 688 8115 or check out https://www.erosresourcescorp.com.Eros Resources Corp Investment Alerts
| Eros Resources Corp is way too risky over 90 days horizon | |
| Eros Resources Corp has some characteristics of a very speculative penny stock | |
| Eros Resources Corp appears to be risky and price may revert if volatility continues | |
| Eros Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Eros Resources Corp has accumulated 1.18 K in total debt. Eros Resources Corp has a current ratio of 0.06, 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 Eros Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Eros Resources' 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 Eros Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eros to invest in growth at high rates of return. When we think about Eros Resources' use of debt, we should always consider it together with cash and equity. | |
| Eros Resources Corp has accumulated about 128.12 K in cash with (494.45 K) of positive cash flow from operations. |
Eros Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eros Resources's market, we take the total number of its shares issued and multiply it by Eros 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 27th of November, Eros Resources shows the Standard Deviation of 5.45, mean deviation of 2.11, and Variance of 29.75. Eros Resources Corp 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 are able to interpolate and collect thirteen technical drivers for Eros Resources Corp, which can be compared to its peers. Please confirm Eros Resources Corp variance and potential upside to decide if Eros Resources Corp is priced favorably, providing market reflects its regular price of 0.04 per share. As Eros Resources Corp appears to be a penny stock we also advise to verify its jensen alpha numbers.Eros Resources Corp Price Movement Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eros 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 Eros Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Eros Resources Predictive Daily Indicators
Eros 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 Eros 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.
Eros Resources Forecast Models
Eros Resources' time-series forecasting models are one of many Eros 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 Eros 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 Eros OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Eros 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 Eros 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 Eros Resources. By using and applying Eros OTC Stock analysis, traders can create a robust methodology for identifying Eros entry and exit points for their positions.
Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. Its principal property is the Bell Mountain project, which consists of unpatented mining claims located to the southeast of Reno, Nevada. Eros Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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 otc stock analysis tools, you can find out how much better you can do when adding Eros Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Balance Of Power Now
Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
| All Next | Launch Module |
Complementary Tools for Eros OTC Stock analysis
When running Eros Resources' price analysis, check to measure Eros 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 Eros Resources is operating at the current time. Most of Eros Resources' value examination focuses on studying past and present price action to predict the probability of Eros Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros Resources' price. Additionally, you may evaluate how the addition of Eros Resources to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |