Eastmain Resources Performance
The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Eastmain Resources are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Eastmain Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Eastmain Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 0.0400 | |
| Fifty Two Week High | 0.2400 |
Eastmain |
Eastmain Resources Relative Risk vs. Return Landscape
If you would invest (100.00) in Eastmain Resources on January 24, 2024 and sell it today you would earn a total of 100.00 from holding Eastmain Resources or generate -100.0% return on investment over 90 days. Eastmain Resources is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Eastmain, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eastmain Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastmain Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Eastmain Resources, and traders can use it to determine the average amount a Eastmain Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Eastmain 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 Eastmain Resources by adding Eastmain Resources to a well-diversified portfolio.
Eastmain Resources Fundamentals Growth
Eastmain OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Eastmain Resources, and Eastmain Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eastmain OTC Stock performance.
| Return On Equity | -21.26 | |||
| Return On Asset | -17.19 | |||
| Current Valuation | 53.15 M | |||
| Shares Outstanding | 290.62 M | |||
| Price To Earning | (10.69) X | |||
| Price To Book | 0.71 X | |||
| EBITDA | (2.38 M) | |||
| Cash And Equivalents | 5.24 M | |||
| Cash Per Share | 0.02 X | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.27 X | |||
| Cash Flow From Operations | (1.72 M) | |||
| Earnings Per Share | (0.01) X | |||
Things to note about Eastmain Resources performance evaluation
Checking the ongoing alerts about Eastmain Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Eastmain Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eastmain Resources is not yet fully synchronised with the market data | |
| Eastmain Resources has some characteristics of a very speculative penny stock | |
| Eastmain Resources has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.77 M). | |
| Eastmain Resources has accumulated about 5.24 M in cash with (1.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Eastmain Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eastmain Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eastmain Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eastmain Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastmain Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Eastmain Resources' otc stock. These opinions can provide insight into Eastmain Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Eastmain OTC Stock
If you are still planning to invest in Eastmain Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eastmain Resources' history and understand the potential risks before investing.
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