EQ Resources (Australia) Performance
| EQR Stock | 0.04 0 2.22% |
The firm owns a Beta (Systematic Risk) of -0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EQ Resources are expected to decrease at a much lower rate. During the bear market, EQ Resources is likely to outperform the market. At this point, EQ Resources has a negative expected return of -0.1%. Please make sure to confirm EQ Resources' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if EQ Resources performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days EQ Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Last Split Factor 1:1 | Last Split Date 2008-06-05 |
1 | EQ Resources First Half 2024 Earnings AU0.005 loss per share - Yahoo Finance | 03/19/2024 |
2 | Queensland welcomes record tungsten production - Australian Mining | 04/11/2024 |
3 | EQ Resources Upcoming Webinar to Discuss Mining Progress - TipRanks.com - TipRanks | 05/06/2024 |
4 | EQ Resources Secures 2.17M for Mining Innovation - TipRanks.com - TipRanks | 05/09/2024 |
5 | EQ Resources Expands Unquoted Securities Portfolio - TipRanks.com - TipRanks | 05/29/2024 |
| Begin Period Cash Flow | 1.7 M | |
| Total Cashflows From Investing Activities | -11 M |
EQR |
EQ Resources Relative Risk vs. Return Landscape
If you would invest 4.90 in EQ Resources on March 7, 2024 and sell it today you would lose (0.50) from holding EQ Resources or give up 10.2% of portfolio value over 90 days. EQ Resources is producing return of less than zero assuming 3.8496% volatility of returns over the 90 days investment horizon. Simply put, 34% of all stocks have less volatile historical return distribution than EQ Resources, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EQ Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQ Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EQ Resources, and traders can use it to determine the average amount a EQ 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 = -0.0262
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| Negative Returns | EQR |
Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EQ 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 EQ Resources by adding EQ Resources to a well-diversified portfolio.
EQ Resources Fundamentals Growth
EQR Stock prices reflect investors' perceptions of the future prospects and financial health of EQ Resources, and EQ 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 EQR Stock performance.
| Return On Equity | -0.54 | |||
| Return On Asset | -0.0733 | |||
| Profit Margin | (1.10) % | |||
| Operating Margin | (1.06) % | |||
| Current Valuation | 75.36 M | |||
| Shares Outstanding | 2.06 B | |||
| Price To Book | 7.19 X | |||
| Price To Sales | 14.22 X | |||
| Revenue | 5.04 M | |||
| Gross Profit | (120.19 K) | |||
| EBITDA | (8.23 M) | |||
| Net Income | (3.72 M) | |||
| Total Debt | 7.23 M | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.39 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 55.15 M | |||
| Retained Earnings | (14.44 M) | |||
About EQ Resources Performance
To evaluate EQ Resources Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when EQ Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare EQR Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand EQ Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents EQR's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.EQ Resources is entity of Australia. It is traded as Stock on AU exchange.Things to note about EQ Resources performance evaluation
Checking the ongoing alerts about EQ Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EQ Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EQ Resources generated a negative expected return over the last 90 days | |
| EQ Resources has some characteristics of a very speculative penny stock | |
| EQ Resources has high historical volatility and very poor performance | |
| The company reported the revenue of 5.04 M. Net Loss for the year was (3.72 M) with loss before overhead, payroll, taxes, and interest of (120.19 K). | |
| EQ Resources generates negative cash flow from operations | |
| About 24.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: EQ Resources Expands Unquoted Securities Portfolio - TipRanks.com - TipRanks |
- Analyzing EQ 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 EQ Resources' stock is overvalued or undervalued compared to its peers.
- Examining EQ 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 EQ Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of EQ Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EQ Resources' stock. These opinions can provide insight into EQ Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for EQR Stock Analysis
When running EQ Resources' price analysis, check to measure EQ 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 EQ Resources is operating at the current time. Most of EQ Resources' value examination focuses on studying past and present price action to predict the probability of EQ Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQ Resources' price. Additionally, you may evaluate how the addition of EQ Resources to your portfolios can decrease your overall portfolio volatility.