Eastfield Resources Stock Analysis

ETFLF Stock  USD 0.02  0  9.62%   
Eastfield Resources is overvalued with Real Value of 0.0177 and Hype Value of 0.02. The main objective of Eastfield Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Eastfield Resources is worth, separate from its market price. There are two main types of Eastfield Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eastfield Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eastfield Resources' stock to identify patterns and trends that may indicate its future price movements.
The Eastfield Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Eastfield Resources is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Eastfield Pink Sheet trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Eastfield Resources' ongoing operational relationships across important fundamental and technical indicators.
  
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 bureau of economic analysis.

Eastfield Pink Sheet Analysis Notes

The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastfield Resources had not issued any dividends in recent years. 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.The quote for Eastfield Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Eastfield Resources call James Morton at 604-681-7913 or check out https://www.eastfieldresources.com.

Eastfield Resources Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eastfield Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastfield Resources or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Eastfield Resources is way too risky over 90 days horizon
Eastfield Resources has some characteristics of a very speculative penny stock
Eastfield Resources appears to be risky and price may revert if volatility continues
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.

Eastfield Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastfield Resources's market, we take the total number of its shares issued and multiply it by Eastfield Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 4th of March, Eastfield Resources shows the Downside Deviation of 14.72, mean deviation of 5.41, and Coefficient Of Variation of 897.81. Eastfield Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Eastfield Resources, which can be compared to its rivals. Please confirm Eastfield Resources variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Eastfield Resources is priced favorably, providing market reflects its regular price of 0.0228 per share. As Eastfield Resources appears to be a penny stock we also advise to verify its total risk alpha numbers.

Eastfield Resources Price Movement Analysis

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eastfield Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eastfield Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
.

Eastfield Resources Predictive Daily Indicators

Eastfield Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eastfield Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Eastfield Resources Forecast Models

Eastfield Resources' time-series forecasting models are one of many Eastfield Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eastfield Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Eastfield Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Eastfield Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eastfield shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Eastfield Resources. By using and applying Eastfield Pink Sheet analysis, traders can create a robust methodology for identifying Eastfield entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Eastfield Resources to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module
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 bureau of economic analysis.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Please note, there is a significant difference between Eastfield Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastfield Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastfield Resources' 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.