Erin Financial Statements From 2010 to 2024
| ERVFF Stock | USD 0.06 0 5.00% |
Check Erin Ventures financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erin main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Erin financial statements analysis is a perfect complement when working with Erin Ventures Valuation or Volatility modules.
Erin |
Erin Ventures Company Shares Outstanding Analysis
Erin Ventures' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Erin Ventures Shares Outstanding | 172.08 M |
Most of Erin Ventures' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erin Ventures is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Erin Ventures has 172.08 M of shares currently outstending. This is 71.99% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The shares outstanding for all United States stocks is 69.91% higher than that of the company.
Erin Ventures Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Erin Ventures's current stock value. Our valuation model uses many indicators to compare Erin Ventures value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erin Ventures competition to find correlations between indicators driving Erin Ventures's intrinsic value. More Info.Erin Ventures is rated # 2 in return on equity category among related companies. It is rated # 2 in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Erin Ventures by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Erin Ventures' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erin Ventures' earnings, one of the primary drivers of an investment's value.About Erin Ventures Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Erin Ventures income statement, its balance sheet, and the statement of cash flows. Erin Ventures investors use historical funamental indicators, such as Erin Ventures's revenue or net income, to determine how well the company is positioned to perform in the future. Although Erin Ventures investors may use each financial statement separately, they are all related. The changes in Erin Ventures's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Erin Ventures's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Erin Ventures Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Erin Ventures. Please read more on our technical analysis and fundamental analysis pages.
Erin Ventures Inc. engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1993 and is based in Victoria, Canada. Erin Ventures operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Pair Trading with Erin Ventures
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Erin Ventures position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Erin Ventures will appreciate offsetting losses from the drop in the long position's value.Moving against Erin Pink Sheet
| 0.78 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.75 | KB | KB Financial Group Earnings Call Tomorrow | PairCorr |
| 0.75 | SHG | Shinhan Financial Earnings Call Tomorrow | PairCorr |
| 0.75 | HYMTF | Hyundai Motor | PairCorr |
| 0.59 | KEP | Korea Electric Power | PairCorr |
The ability to find closely correlated positions to Erin Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erin Ventures when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Erin Ventures - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Erin Ventures to buy it.
The correlation of Erin Ventures is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Erin Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erin Ventures moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Erin Ventures can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Erin Ventures Correlation against competitors. Note that the Erin Ventures information on this page should be used as a complementary analysis to other Erin Ventures' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Erin Pink Sheet analysis
When running Erin Ventures' price analysis, check to measure Erin Ventures' 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 Erin Ventures is operating at the current time. Most of Erin Ventures' value examination focuses on studying past and present price action to predict the probability of Erin Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erin Ventures' price. Additionally, you may evaluate how the addition of Erin Ventures to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |