Erin Ventures Stock Price on May 12, 2023
| ERVFF Stock | USD 0.04 0 2.86% |
If you're considering investing in Erin Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Erin Ventures stands at 0.04, as last reported on the 5th of May, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Erin Ventures secures Sharpe Ratio (or Efficiency) of -0.0921, which denotes the company had a -0.0921% return per unit of risk over the last 3 months. Erin Ventures exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Erin Ventures' Standard Deviation of 4.72, mean deviation of 2.01, and Variance of 22.26 to check the risk estimate we provide.
Erin Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Erin |
Sharpe Ratio = -0.0921
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| Negative Returns | ERVFF |
Estimated Market Risk
| 4.79 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Erin Ventures is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Erin Ventures by adding Erin Ventures to a well-diversified portfolio.
Erin Ventures Valuation on May 12, 2023
It is possible to determine the worth of Erin Ventures on a given historical date. On May 12, 2023 Erin was worth 0.058 at the beginning of the trading date compared to the closed value of 0.058. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Erin Ventures pink sheet. Still, in general, we apply an absolute valuation method to find Erin Ventures' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Erin Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Erin Ventures' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 4,602 | |
05/12/2023 | 0.06 | 0.06 | 0.06 | 0.06 | 1.00 |
| 0.06 | 0.06 | 0.06 | 0.06 | 4,000 |
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Erin Ventures Trading Date Momentum on May 12, 2023
| On May 15 2023 Erin Ventures was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 4 K. The net trading volume on 05/15/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Erin Ventures Fundamentals Correlations and Trends
By evaluating Erin Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Erin Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Erin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Erin Ventures Pink Sheet history
Erin Ventures investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Erin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Erin Ventures will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Erin Ventures stock prices may prove useful in developing a viable investing in Erin Ventures
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.
Erin Ventures Pink Sheet Technical Analysis
Erin Ventures technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Erin Ventures Period Price Range
Low | May 12, 2023
| High |
0.06 | 0.06 |
Erin Ventures May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Erin Ventures pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erin Ventures shares will generate the highest return on investment. By undertsting and applying Erin Ventures pink sheet market strength indicators, traders can identify Erin Ventures entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.058 | |||
| Day Typical Price | 0.058 | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 86.89 |
Erin Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Erin Ventures' price direction in advance. Along with the technical and fundamental analysis of Erin Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Erin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | 0.5467 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erin Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.
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