Erin Ventures Stock Shares Outstanding
| ERVFF Stock | USD 0.06 0 5.00% |
Erin Ventures fundamentals help investors to digest information that contributes to Erin Ventures' financial success or failures. It also enables traders to predict the movement of Erin Pink Sheet. The fundamental analysis module provides a way to measure Erin Ventures' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Erin Ventures pink sheet.
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 Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erin Ventures' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Erin Ventures could also be used in its relative valuation, which is a method of valuing Erin Ventures by comparing valuation metrics of similar companies.Erin Ventures is currently under evaluation in shares outstanding category among related companies.
Erin Fundamentals
| Return On Equity | -0.0975 | |||
| Return On Asset | -0.0495 | |||
| Current Valuation | 4.09 M | |||
| Shares Outstanding | 172.08 M | |||
| Shares Owned By Insiders | 4.98 % | |||
| Price To Earning | (5.31) X | |||
| Price To Book | 0.40 X | |||
| EBITDA | (1.06 M) | |||
| Net Income | (1.08 M) | |||
| Cash And Equivalents | 188.45 K | |||
| Total Debt | 40 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.34 X | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (702.18 K) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.0835 | |||
| Market Capitalization | 13.85 M | |||
| Total Asset | 9.94 M | |||
| Net Asset | 9.94 M |
About Erin Ventures Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erin Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erin Ventures using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erin Ventures based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Erin Ventures 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, Erin Ventures' short interest history, or implied volatility extrapolated from Erin Ventures options trading.
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 together with Erin Pink Sheet
| 0.63 | RTPPF | Rio Tinto Group | PairCorr |
Moving against Erin Pink Sheet
| 0.58 | SHG | Shinhan Financial Earnings Call Tomorrow | PairCorr |
| 0.57 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.56 | HYMTF | Hyundai Motor | PairCorr |
| 0.5 | KB | KB Financial Group Earnings Call Tomorrow | PairCorr |
| 0.41 | 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 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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