Edison Cobalt Corp Stock Today
| EDDYF Stock | USD 0.08 0.01 6.65% |
Performance0 of 100
| Odds Of DistressOver 67
|
Edison Cobalt is trading at 0.08 as of the 19th of April 2024. This is a -6.65 percent down since the beginning of the trading day. The stock's lowest day price was 0.08. Edison Cobalt has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Edison Cobalt Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Edison Lithium Corp., a junior mining exploration company, engages in the procurement, exploration, and development of mineral properties. Edison Lithium Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. Edison Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 115.18 M outstanding shares. More on Edison Cobalt Corp
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Follow Valuation Odds of Bankruptcy
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Edison OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Edison Cobalt's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Edison Cobalt or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Edison Cobalt Corp [EDDYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Edison Cobalt's market, we take the total number of its shares issued and multiply it by Edison Cobalt'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. Edison Cobalt Corp classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 115.18 M outstanding shares.
Edison Cobalt Corp has accumulated about 2.64 M in cash with (1.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership AllocationEdison Cobalt holds a total of 115.18 Million outstanding shares. Roughly 99.0 percent of Edison Cobalt outstanding shares are held by general public with 0.999 (percent) owned by insiders and only 0.0 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Edison Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Edison Cobalt jumping above the current price in 90 days from now is about 83.02%. The Edison Cobalt Corp probability density function shows the probability of Edison Cobalt otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Edison Cobalt Corp has a beta of -1.6884 suggesting as returns on its benchmark rise, returns on holding Edison Cobalt Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Edison Cobalt is expected to outperform its benchmark. Additionally, edison Cobalt Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Edison Cobalt to move above the current price in 90 days from now is about 83.02 (This Edison Cobalt Corp probability density function shows the probability of Edison OTC Stock to fall within a particular range of prices over 90 days) .
Edison Cobalt Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Edison Cobalt market risk premium is the additional return an investor will receive from holding Edison Cobalt long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Edison Cobalt. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Edison Cobalt's alpha and beta are two of the key measurements used to evaluate Edison Cobalt's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.61 | |||
| Standard Deviation | 5.0 | |||
| Variance | 24.96 | |||
| Risk Adjusted Performance | (0.07) |
Edison Stock Against Markets
Picking the right benchmark for Edison Cobalt otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Edison Cobalt otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Edison Cobalt is critical whether you are bullish or bearish towards Edison Cobalt Corp at a given time. Please also check how Edison Cobalt's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Edison Cobalt without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Edison Cobalt Corporate Management
Elected by the shareholders, the Edison Cobalt's board of directors comprises two types of representatives: Edison Cobalt inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Edison. The board's role is to monitor Edison Cobalt's management team and ensure that shareholders' interests are well served. Edison Cobalt's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Edison Cobalt's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA BA | CFO Director | Profile | |
| Dianne FCIS | Sec | Profile | |
| Luisa Moreno | COO Director | Profile | |
| Martin Kepman | Head Adviser | Profile | |
| Adrian Mosselaer | Advisor | Profile | |
| Nathan Rotstein | CEO Director | Profile |
How to buy Edison OTC Stock?
Before investing in Edison Cobalt, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Edison Cobalt. To buy Edison Cobalt stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Edison Cobalt. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Edison Cobalt stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Edison Cobalt Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Edison Cobalt Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Edison Cobalt Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Edison Cobalt Corp?
The danger of trading Edison Cobalt Corp is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Edison Cobalt is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Edison Cobalt. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Edison Cobalt Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison Cobalt Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Edison OTC Stock analysis
When running Edison Cobalt's price analysis, check to measure Edison Cobalt'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 Edison Cobalt is operating at the current time. Most of Edison Cobalt's value examination focuses on studying past and present price action to predict the probability of Edison Cobalt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison Cobalt's price. Additionally, you may evaluate how the addition of Edison Cobalt to your portfolios can decrease your overall portfolio volatility.
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