ETRUSCUS OTC Stock Market Value

ETRUF -  USA Stock  

USD 0.10  0.00  0.00%

ETRUSCUS RESOURCES's market value is the price at which a share of ETRUSCUS RESOURCES stock trades on a public exchange. It measures the collective expectations of ETRUSCUS RESOURCES CORP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ETRUSCUS RESOURCES CORP and determine expected loss or profit from investing in ETRUSCUS RESOURCES over a given investment horizon. Continue to ETRUSCUS RESOURCES Hype Analysis, ETRUSCUS RESOURCES Correlation, ETRUSCUS RESOURCES Valuation, ETRUSCUS RESOURCES Volatility, as well as analyze ETRUSCUS RESOURCES Alpha and Beta and ETRUSCUS RESOURCES Performance.
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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.

ETRUSCUS RESOURCES 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ETRUSCUS RESOURCES's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ETRUSCUS RESOURCES.
0.00
12/19/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/08/2021
0.00
If you would invest  0.00  in ETRUSCUS RESOURCES on December 19, 2019 and sell it all today you would earn a total of 0.00 from holding ETRUSCUS RESOURCES CORP or generate 0.0% return on investment in ETRUSCUS RESOURCES over 720 days. ETRUSCUS RESOURCES is related to or competes with Bhp Billiton. Etruscus Resources Corp., a mineral exploration company, engages in the exploration of mineral properties in Canada

ETRUSCUS RESOURCES Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ETRUSCUS RESOURCES's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ETRUSCUS RESOURCES CORP upside and downside potential and time the market with a certain degree of confidence.

ETRUSCUS RESOURCES Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRUSCUS RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETRUSCUS RESOURCES's standard deviation. In reality, there are many statistical measures that can use ETRUSCUS RESOURCES historical prices to predict the future ETRUSCUS RESOURCES's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ETRUSCUS RESOURCES's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ETRUSCUS RESOURCES in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.094.61
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Intrinsic
Valuation
LowReal ValueHigh
0.000.14.62
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Naive
Forecast
LowNext ValueHigh
0.002020.104.62
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.130.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ETRUSCUS RESOURCES. Your research has to be compared to or analyzed against ETRUSCUS RESOURCES's peers to derive any actionable benefits. When done correctly, ETRUSCUS RESOURCES's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ETRUSCUS RESOURCES CORP.

ETRUSCUS RESOURCES CORP Backtested Returns

ETRUSCUS RESOURCES CORP secures Sharpe Ratio (or Efficiency) of -0.27, which denotes the company had -0.27% of return per unit of volatility over the last 3 months. Macroaxis approach towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ETRUSCUS RESOURCES CORP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ETRUSCUS RESOURCES CORP mean deviation of 2.29, and Market Risk Adjusted Performance of (0.84) to check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3659, which means a somewhat significant risk relative to the market. Let's try to break down what ETRUSCUS's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ETRUSCUS RESOURCES will likely underperform. Even though it is essential to pay attention to ETRUSCUS RESOURCES CORP historical returns, it is always good to be careful when utilizing equity current trending patterns. Our approach towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ETRUSCUS RESOURCES CORP exposes twenty-one different technical indicators, which can help you to evaluate its performance. ETRUSCUS RESOURCES CORP has an expected return of -1.2%. Please be advised to confirm ETRUSCUS RESOURCES CORP standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if ETRUSCUS RESOURCES CORP performance from the past will be repeated at future time.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.49   

Average predictability

ETRUSCUS RESOURCES CORP has average predictability. Overlapping area represents the amount of predictability between ETRUSCUS RESOURCES time series from 19th of December 2019 to 13th of December 2020 and 13th of December 2020 to 8th of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ETRUSCUS RESOURCES CORP price movement. The serial correlation of 0.49 indicates that about 49.0% of current ETRUSCUS RESOURCES price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.0

ETRUSCUS RESOURCES CORP lagged returns against current returns

Autocorrelation, which is ETRUSCUS RESOURCES otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ETRUSCUS RESOURCES's otc stock expected returns. We can calculate the autocorrelation of ETRUSCUS RESOURCES returns to help us make a trade decision. For example, suppose you find that ETRUSCUS RESOURCES otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

ETRUSCUS RESOURCES regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ETRUSCUS RESOURCES otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ETRUSCUS RESOURCES otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ETRUSCUS RESOURCES otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

ETRUSCUS RESOURCES Lagged Returns

When evaluating ETRUSCUS RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ETRUSCUS RESOURCES otc stock have on its future price. ETRUSCUS RESOURCES autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ETRUSCUS RESOURCES autocorrelation shows the relationship between ETRUSCUS RESOURCES otc stock current value and its past values and can show if there is a momentum factor associated with investing in ETRUSCUS RESOURCES CORP.
 Regressed Prices 
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      Timeline 

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?
Bullish
Bearish
50% Bullish
50% 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 Billiton. 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 ETRUSCUS RESOURCES Hype Analysis, ETRUSCUS RESOURCES Correlation, ETRUSCUS RESOURCES Valuation, ETRUSCUS RESOURCES Volatility, as well as analyze ETRUSCUS RESOURCES Alpha and Beta and ETRUSCUS RESOURCES Performance. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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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ETRUSCUS RESOURCES technical otc stock 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, stock market cycles, or different charting patterns.
A focus of ETRUSCUS RESOURCES technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ETRUSCUS RESOURCES trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...