Erin Ventures Stock Performance
| ERVFF Stock | USD 0.06 0 5.67% |
The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Erin Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Erin Ventures is expected to be smaller as well. Erin Ventures has an expected return of -0.3%. Please make sure to confirm Erin Ventures total risk alpha and the relationship between the kurtosis and period momentum indicator , to decide if Erin Ventures performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Erin Ventures has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 120.6 K | |
| Total Cashflows From Investing Activities | -43.7 K | |
| Free Cash Flow | -745.9 K |
Erin |
Erin Ventures Relative Risk vs. Return Landscape
If you would invest 7.10 in Erin Ventures on January 20, 2024 and sell it today you would lose (1.44) from holding Erin Ventures or give up 20.28% of portfolio value over 90 days. Erin Ventures is currently producing negative expected returns and takes up 3.5489% volatility of returns over 90 trading days. Put another way, 31% of traded pink sheets are less volatile than Erin, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Erin Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erin Ventures' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Erin Ventures, and traders can use it to determine the average amount a Erin Ventures' 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 = -0.0837
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| Negative Returns | ERVFF |
Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Erin Ventures 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 Erin Ventures by adding Erin Ventures to a well-diversified portfolio.
Erin Ventures Fundamentals Growth
Erin Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Erin Ventures, and Erin Ventures 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 Erin Pink Sheet performance.
| Return On Equity | -0.0975 | |||
| Return On Asset | -0.0495 | |||
| Current Valuation | 4.09 M | |||
| Shares Outstanding | 172.08 M | |||
| Price To Earning | (5.31) X | |||
| Price To Book | 0.40 X | |||
| EBITDA | (1.06 M) | |||
| Cash And Equivalents | 188.45 K | |||
| Total Debt | 40 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (702.18 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 9.94 M | |||
About Erin Ventures Performance
To evaluate Erin Ventures Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Erin Ventures 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 Erin Pink Sheet'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 Erin Ventures market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Erin'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.Erin Ventures Inc. engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1993 and is based in Victoria, Canada. Erin Ventures operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Erin Ventures performance evaluation
Checking the ongoing alerts about Erin Ventures for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Erin Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Erin Ventures generated a negative expected return over the last 90 days | |
| Erin Ventures has some characteristics of a very speculative penny stock | |
| Erin Ventures has high historical volatility and very poor performance | |
| Erin Ventures has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 40 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Erin Ventures has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Erin Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Erin Ventures' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Erin Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erin to invest in growth at high rates of return. When we think about Erin Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erin Ventures has accumulated about 188.45 K in cash with (702.18 K) of positive cash flow from operations. |
- Analyzing Erin Ventures' 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 Erin Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Erin Ventures' 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 Erin Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Erin Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Erin Ventures' pink sheet. These opinions can provide insight into Erin Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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