Eastfield Resources Stock Price on February 2, 2023
| ETFLF Stock | USD 0.01 0.01 26.87% |
If you're considering investing in Eastfield Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Eastfield Resources stands at 0.01, as last reported on the 24th of April, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. We consider Eastfield Resources out of control. Eastfield Resources secures Sharpe Ratio (or Efficiency) of 0.0076, which denotes the company had a 0.0076% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eastfield Resources, which you can use to evaluate the volatility of the firm. Please confirm Eastfield Resources' Downside Deviation of 18.62, mean deviation of 5.0, and Coefficient Of Variation of 3735.98 to check if the risk estimate we provide is consistent with the expected return of 0.0833%.
Eastfield Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Eastfield |
Sharpe Ratio = 0.0076
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Estimated Market Risk
| 11.02 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eastfield Resources 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 Eastfield Resources by adding Eastfield Resources to a well-diversified portfolio.
Eastfield Resources Valuation on February 2, 2023
It is possible to determine the worth of Eastfield Resources on a given historical date. On February 2, 2023 Eastfield was worth 0.0305 at the beginning of the trading date compared to the closed value of 0.0305. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastfield Resources pink sheet. Still, in general, we apply an absolute valuation method to find Eastfield Resources' 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 Eastfield Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastfield Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
02/02/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 40,019 |
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Eastfield Resources Trading Date Momentum on February 2, 2023
| On February 03 2023 Eastfield Resources was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . The daily volume was 40 K. The net trading volume on 02/03/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 34.43% . The overall trading delta to current closing price is 14.43% . |
Eastfield Resources Fundamentals Correlations and Trends
By evaluating Eastfield Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eastfield Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastfield Resources Pink Sheet history
Eastfield Resources 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 Eastfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastfield Resources 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 Eastfield Resources stock prices may prove useful in developing a viable investing in Eastfield Resources
Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. Eastfield Resources Ltd. was founded in 1986 and is headquartered in Vancouver, Canada. Eastfield Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Eastfield Resources Pink Sheet Technical Analysis
Eastfield Resources 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
Eastfield Resources Period Price Range
Low | February 2, 2023
| High |
0.03 | 0.03 |
Eastfield Resources April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Eastfield Resources 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 Eastfield Resources shares will generate the highest return on investment. By undertsting and applying Eastfield Resources pink sheet market strength indicators, traders can identify Eastfield Resources entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0305 | |||
| Day Typical Price | 0.0305 | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 33.24 |
Eastfield Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastfield Resources' price direction in advance. Along with the technical and fundamental analysis of Eastfield Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastfield 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 | 0.0259 | |||
| Jensen Alpha | 0.1026 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 0.1257 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. 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 Eastfield Pink Sheet analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.
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