Etrion OTC Stock Performance

ETRXF -  USA Stock  

USD 0.02  0.00  0.00%

The firm shows a Beta (market volatility) of 3.407, which means a somewhat significant risk relative to the market. Let's try to break down what Etrion's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Etrion Corp will likely underperform. Even though it is essential to pay attention to Etrion Corp 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. Etrion Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Etrion Corp has an expected return of -0.28%. Please be advised to confirm Etrion Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Etrion Corp performance from the past will be repeated at some point in the near future.

Etrion O TC Stock Performance 

 
Refresh
Etrion Performance
0 of 100
Over the last 90 days Etrion Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2021. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Etrion Price Channel

Quick Ratio8.76
Fifty Two Week Low0.0200
Fifty Two Week High0.4500

Etrion Corp Relative Risk vs. Return Landscape

If you would invest  7.00  in Etrion Corp on August 31, 2021 and sell it today you would lose (5.00)  from holding Etrion Corp or give up 71.43% of portfolio value over 90 days. Etrion Corp is currently producing negative expected returns and takes up 18.1891% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Etrion, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Etrion Corp is expected to under-perform the market. In addition to that, the company is 24.09 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

Etrion Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Etrion Corp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Etrion Corp, and traders can use it to determine the average amount a Etrion Corp's 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 = -0.0156

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsETRXF
Estimated Market Risk
 18.19
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 -0.28
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.02
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Etrion Corp 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 Etrion Corp by adding it to a well-diversified portfolio.

About Etrion Corp Performance

To evaluate Etrion Corp 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 Etrion Corp 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 Etrion 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 Etrion Corp 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 Etrion'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.
Etrion Corporation operates as an independent power producer that develops, builds, owns, and operates power generation plants. Etrion Corporation was incorporated in 1993 and is headquartered in Geneva, Switzerland. Etrion Corp is traded on OTC Exchange in the United States.

Things to note about Etrion Corp

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

Etrion Corp Alerts

Equity Alerts and Improvement Suggestions

Etrion Corp generated a negative expected return over the last 90 days
Etrion Corp has high historical volatility and very poor performance
Etrion Corp has some characteristics of a very speculative penny stock
Etrion Corp has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (11.23 M) with profit before overhead, payroll, taxes, and interest of 8.96 M.
About 42.0% of the company shares are held by company insiders
Continue to Investing Opportunities. Note that the Etrion Corp information on this page should be used as a complementary analysis to other Etrion Corp's 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Etrion OTC Stock analysis

When running Etrion Corp price analysis, check to measure Etrion Corp's 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 Etrion Corp is operating at the current time. Most of Etrion Corp's value examination focuses on studying past and present price action to predict the probability of Etrion Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etrion Corp's price. Additionally, you may evaluate how the addition of Etrion Corp to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is Etrion Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etrion Corp. If investors know Etrion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etrion Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Etrion Corp is measured differently than its book value, which is the value of Etrion that is recorded on the company's balance sheet. Investors also form their own opinion of Etrion Corp's value that differs from its market value or its book value, called intrinsic value, which is Etrion Corp's 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 Etrion Corp's market value can be influenced by many factors that don't directly affect Etrion Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etrion Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Etrion Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etrion Corp's 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.