Eastfield Resources Stock Performance
| ETFLF Stock | USD 0.019 0.0002 1.06% |
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.
Eastfield Performance
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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 |
Eastfield Resources Relative Risk vs. Return Landscape
If 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. Expected Return |
| 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.
Sharpe Ratio = 0.0234
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Estimated Market Risk
| 12.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eastfield Resources is performing at about 1% 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 Eastfield Resources by adding it to a well-diversified portfolio.
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.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0169 | |||
| Current Valuation | 1.81 M | |||
| Shares Outstanding | 55.56 M | |||
| Price To Book | 0.94 X | |||
| EBITDA | (462.94 K) | |||
| Debt To Equity | 0.11 % | |||
| Cash Flow From Operations | (127.22 K) | |||
| Total Asset | 3.78 M | |||
About Eastfield Resources Performance
To evaluate Eastfield Resources 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 Eastfield 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 Eastfield 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 Eastfield Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Eastfield'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.Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. Eastfield Resources Ltd. was founded in 1986 and is headquartered in Vancouver, Canada. Eastfield Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Eastfield Resources performance evaluation
Checking 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.| Eastfield Resources had very high historical volatility over the last 90 days | |
| Eastfield Resources has some characteristics of a very speculative penny stock | |
| The company has accumulated 349.94 K in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Eastfield Resources has a current ratio of 0.43, 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 Eastfield Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Eastfield Resources' 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 Eastfield Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eastfield to invest in growth at high rates of return. When we think about Eastfield Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (640.6 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eastfield Resources has accumulated about 68.65 K in cash with (127.22 K) of positive cash flow from operations. |
- 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.
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