ERRSF OTC Stock Performance

ERRSF -  USA Stock  

USD 3.20  0.00  0.00%

The firm shows a Beta (market volatility) of 0.1155, which means not very significant fluctuations relative to the market. Let's try to break down what ERRSF's beta means in this case. As returns on the market increase, Euro Resources returns are expected to increase less than the market. However, during the bear market, the loss on holding Euro Resources will be expected to be smaller as well. Even though it is essential to pay attention to Euro Resources Sa historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy 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. Euro Resources Sa exposes twenty-one different technical indicators, which can help you to evaluate its performance. Euro Resources Sa has an expected return of -0.28%. Please be advised to confirm Euro Resources Sa standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Euro Resources Sa performance from the past will be repeated at some point in the near future.

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 ERRSF Performance
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Over the last 90 days Euro Resources Sa has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in October 2021. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

ERRSF Price Channel

Quick Ratio315.29
Fifty Two Week Low2.7626
Fifty Two Week High4.2000
Trailing Annual Dividend Yield7.81%

Euro Resources Relative Risk vs. Return Landscape

If you would invest  390.00  in Euro Resources Sa on June 28, 2021 and sell it today you would lose (70.00)  from holding Euro Resources Sa or give up 17.95% of portfolio value over 90 days. Euro Resources Sa is currently producing negative expected returns and takes up 2.2613% volatility of returns over 90 trading days. Put another way, 19% of traded otc stocks are less volatile than ERRSF, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Euro Resources is expected to under-perform the market. In addition to that, the company is 3.16 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

Euro Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Euro Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Euro Resources Sa, and traders can use it to determine the average amount a Euro 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 = -0.126

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Negative ReturnsERRSF
Estimated Market Risk
 2.26
  actual daily
 
 19 %
of total potential
 
1919
Expected Return
 -0.28
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.13
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 0 %
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00
Based on monthly moving average Euro Resources is performing at about 0% of its full potential. 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 Euro Resources by adding it to a well-diversified portfolio.

About Euro Resources Performance

To evaluate Euro Resources Sa OTC 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 Euro 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 ERRSF OTC 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 Euro Resources Sa stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents ERRSF'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.
EURO Ressources S.A., a gold resource royalty company, focuses on precious-metal royalties. EURO Ressources S.A. is a subsidiary of IAMGOLD France S.A.S. Euro Resources is traded on OTC Exchange in the United States.

Things to note about Euro Resources Sa

Checking the ongoing alerts about Euro Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Euro Resources Sa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Euro Resources Alerts

Equity Alerts and Improvement Suggestions

Euro Resources Sa generates negative expected return over the last 90 days
Euro Resources Sa has high likelihood to experience some financial distress in the next 2 years
About 90.0% of the company shares are held by company insiders
Latest headline from www.marketscreener.com: Inventiva Interim Financial Report for the Six Months Ended June 30, 2021 - Marketscreener.com
Continue to Investing Opportunities. Note that the Euro Resources Sa information on this page should be used as a complementary analysis to other Euro Resources' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Euro Resources Sa price analysis, check to measure Euro 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 Euro Resources is operating at the current time. Most of Euro Resources' value examination focuses on studying past and present price action to predict the probability of Euro Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Euro Resources' price. Additionally, you may evaluate how the addition of Euro Resources to your portfolios can decrease your overall portfolio volatility.
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The market value of Euro Resources Sa is measured differently than its book value, which is the value of ERRSF that is recorded on the company's balance sheet. Investors also form their own opinion of Euro Resources' value that differs from its market value or its book value, called intrinsic value, which is Euro Resources' 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 Euro Resources' market value can be influenced by many factors that don't directly affect Euro Resources Sa underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euro Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Euro Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euro Resources' 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.