Etruscus Resources Corp Stock Performance
| ETRUF Stock | USD 0.05 0.00 0.00% |
On a scale of 0 to 100, Etruscus Resources holds a performance score of 7. The firm shows a Beta (market volatility) of -0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Etruscus Resources are expected to decrease at a much lower rate. During the bear market, Etruscus Resources is likely to outperform the market. Please check Etruscus Resources' information ratio and rate of daily change , to make a quick decision on whether Etruscus Resources' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Etruscus Resources Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Etruscus Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 31.1 K | |
| Total Cashflows From Investing Activities | -536.5 K |
Etruscus |
Etruscus Resources Relative Risk vs. Return Landscape
If you would invest 3.56 in Etruscus Resources Corp on January 24, 2024 and sell it today you would earn a total of 1.62 from holding Etruscus Resources Corp or generate 45.51% return on investment over 90 days. Etruscus Resources Corp is currently producing 0.9755% returns and takes up 9.9% volatility of returns over 90 trading days. Put another way, 87% of traded pink sheets are less volatile than Etruscus, and 81% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Etruscus Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etruscus Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Etruscus Resources Corp, and traders can use it to determine the average amount a Etruscus 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 = 0.0985
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Estimated Market Risk
| 9.9 actual daily | 87 87% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Etruscus Resources is performing at about 7% 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 Etruscus Resources by adding it to a well-diversified portfolio.
Etruscus Resources Fundamentals Growth
Etruscus Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Etruscus Resources, and Etruscus 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 Etruscus Pink Sheet performance.
| Return On Equity | -0.0917 | |||
| Return On Asset | -0.0587 | |||
| Current Valuation | 2.28 M | |||
| Shares Outstanding | 38.01 M | |||
| Price To Book | 0.53 X | |||
| EBITDA | (617.41 K) | |||
| Cash And Equivalents | 1.03 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 5.03 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (819.51 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 5.08 M | |||
About Etruscus Resources Performance
To evaluate Etruscus Resources Corp 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 Etruscus 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 Etruscus 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 Etruscus Resources Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Etruscus'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.Etruscus Resources Corp., a mineral exploration company, engages in the exploration of mineral properties in Canada. Etruscus Resources Corp. was incorporated in 2017 and is based in Vancouver, Canada. ETRUSCUS RESOURCES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Etruscus Resources Corp performance evaluation
Checking the ongoing alerts about Etruscus Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Etruscus Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Etruscus Resources is way too risky over 90 days horizon | |
| Etruscus Resources has some characteristics of a very speculative penny stock | |
| Etruscus Resources appears to be risky and price may revert if volatility continues | |
| Etruscus Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (640.14 K) with loss before overhead, payroll, taxes, and interest of (19.29 K). | |
| Etruscus Resources Corp has accumulated about 1.03 M in cash with (819.51 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 18.0% of the company shares are held by company insiders |
- Analyzing Etruscus 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 Etruscus Resources' stock is overvalued or undervalued compared to its peers.
- Examining Etruscus 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 Etruscus Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Etruscus Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Etruscus Resources' pink sheet. These opinions can provide insight into Etruscus 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 Etruscus Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Etruscus Pink Sheet analysis
When running Etruscus Resources' price analysis, check to measure Etruscus 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 Etruscus Resources is operating at the current time. Most of Etruscus Resources' value examination focuses on studying past and present price action to predict the probability of Etruscus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etruscus Resources' price. Additionally, you may evaluate how the addition of Etruscus Resources to your portfolios can decrease your overall portfolio volatility.
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