ETRUSCUS Financial Statements From 2010 to 2022

ETRUF -  USA Stock  

USD 0.16  0.04  33.33%

ETRUSCUS RESOURCES financial statements provide useful quarterly and yearly information to potential ETRUSCUS RESOURCES CORP investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ETRUSCUS RESOURCES financial statements helps investors assess ETRUSCUS RESOURCES's valuation, profitability, and current liquidity needs.
ETRUSCUS RESOURCES CORP does not now have any fundamental signals for analysis.
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ETRUSCUS Financial Statements 

 
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Check ETRUSCUS RESOURCES financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETRUSCUS main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ETRUSCUS financial statements analysis is a perfect complement when working with ETRUSCUS RESOURCES Valuation or Volatility modules. It can also supplement various ETRUSCUS RESOURCES Technical models. Continue to the analysis of ETRUSCUS RESOURCES Correlation against competitors.

ETRUSCUS Beta Analysis

ETRUSCUS RESOURCES's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current ETRUSCUS RESOURCES Beta

    
  1.65  
Most of ETRUSCUS RESOURCES's fundamental indicators, such as Beta, 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, ETRUSCUS RESOURCES CORP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, ETRUSCUS RESOURCES CORP has a Beta of 1.65. This is 89.66% higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.

ETRUSCUS RESOURCES CORP Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ETRUSCUS RESOURCES's current stock value. Our valuation model uses many indicators to compare ETRUSCUS RESOURCES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETRUSCUS RESOURCES competition to find correlations between indicators driving ETRUSCUS RESOURCES's intrinsic value. More Info.
ETRUSCUS RESOURCES CORP is rated below average in market capitalization category among related companies. It is rated below average in debt to equity category among related companies . The ratio of Market Capitalization to Debt to Equity for ETRUSCUS RESOURCES CORP is about  3,085,000,000 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ETRUSCUS RESOURCES by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ETRUSCUS RESOURCES's OTC Stock . 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 ETRUSCUS RESOURCES's earnings, one of the primary drivers of an investment's value.

About ETRUSCUS RESOURCES Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ETRUSCUS RESOURCES income statement, its balance sheet, and the statement of cash flows. ETRUSCUS RESOURCES investors use historical funamental indicators, such as ETRUSCUS RESOURCES's revenue or net income, to determine how well the company is positioned to perform in the future. Although ETRUSCUS RESOURCES investors may use each financial statement separately, they are all related. The changes in ETRUSCUS RESOURCES's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ETRUSCUS RESOURCES. Please read more on our technical analysis and fundamental analysis pages.
Etruscus Resources Corp., a mineral exploration company, engages in the exploration of mineral properties in Canada. The company was incorporated in 2017 and is based in Vancouver, Canada. ETRUSCUS RESOURCES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2 people.

ETRUSCUS RESOURCES Investors Sentiment

The influence of ETRUSCUS RESOURCES's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ETRUSCUS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ETRUSCUS RESOURCES in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ETRUSCUS RESOURCES's short interest history, or implied volatility extrapolated from ETRUSCUS RESOURCES options trading.

Current Sentiment - ETRUF

ETRUSCUS RESOURCES CORP Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in ETRUSCUS RESOURCES CORP. What is your opinion about investing in ETRUSCUS RESOURCES CORP? Are you bullish or bearish?
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Pair Trading with ETRUSCUS RESOURCES

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 ETRUSCUS RESOURCES 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 ETRUSCUS RESOURCES will appreciate offsetting losses from the drop in the long position's value.

ETRUSCUS RESOURCES Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for ETRUSCUS RESOURCES and BHP GROUP LTD. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to the analysis of ETRUSCUS RESOURCES Correlation against competitors. Note that the ETRUSCUS RESOURCES CORP information on this page should be used as a complementary analysis to other ETRUSCUS RESOURCES's 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for ETRUSCUS OTC Stock analysis

When running ETRUSCUS RESOURCES CORP price analysis, check to measure ETRUSCUS RESOURCES'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 ETRUSCUS RESOURCES is operating at the current time. Most of ETRUSCUS RESOURCES's value examination focuses on studying past and present price action to predict the probability of ETRUSCUS RESOURCES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ETRUSCUS RESOURCES's price. Additionally, you may evaluate how the addition of ETRUSCUS RESOURCES to your portfolios can decrease your overall portfolio volatility.
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Is ETRUSCUS RESOURCES's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ETRUSCUS RESOURCES. If investors know ETRUSCUS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ETRUSCUS RESOURCES listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ETRUSCUS RESOURCES CORP is measured differently than its book value, which is the value of ETRUSCUS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRUSCUS RESOURCES's value that differs from its market value or its book value, called intrinsic value, which is ETRUSCUS RESOURCES's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETRUSCUS RESOURCES's market value can be influenced by many factors that don't directly affect ETRUSCUS RESOURCES's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETRUSCUS RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine ETRUSCUS RESOURCES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRUSCUS RESOURCES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.