On a scale of 0 to 100, Eastfield Resources holds a performance score of 1. The firm shows a Beta (market volatility) of 1.0365, which means a somewhat significant risk relative to the market. Eastfield Resources returns are very sensitive to returns on the market. As the market goes up or down, Eastfield Resources is expected to follow. Although it is vital to follow Eastfield Resources historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our main philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Eastfield Resources technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please utilizes Eastfield Resources variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to make a quick decision on whether Eastfield Resources price patterns will revert.
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Compared to the overall equity markets, risk-adjusted returns on investments in Eastfield Resources are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile essential indicators, Eastfield Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
|Begin Period Cash Flow||258.2 K|
|Total Cashflows From Investing Activities||-400.2 K|
Eastfield Resources Relative Risk vs. Return LandscapeIf you would invest 2.58 in Eastfield Resources on September 5, 2023 and sell it today you would lose (0.68) from holding Eastfield Resources or give up 26.36% of portfolio value over 90 days. Eastfield Resources is currently producing 0.2837% returns and takes up 12.1337% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Eastfield, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Assuming the 90 days horizon Eastfield Resources is expected to generate 15.66 times more return on investment than the market. However, the company is 15.66 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.04 per unit of risk.
Eastfield Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastfield Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Eastfield Resources, and traders can use it to determine the average amount a Eastfield 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.
Eastfield Resources Fundamentals Growth
Eastfield Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Eastfield Resources, and Eastfield 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 Eastfield Pink Sheet performance.
About Eastfield Resources Performance
Things to note about Eastfield Resources performance evaluationChecking the ongoing alerts about Eastfield Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Eastfield Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions. Evaluating Eastfield Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Eastfield Resources' pink sheet performance include:
- Analyzing Eastfield 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 Eastfield Resources' stock is overvalued or undervalued compared to its peers.
- Examining Eastfield 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 Eastfield Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eastfield Resources' management team can help you assess the company's leadership.
- Pay attention to analyst opinions and ratings of Eastfield Resources' pink sheet. These opinions can provide insight into Eastfield Resources' 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 Eastfield Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Eastfield Pink Sheet analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.