Eloro Resources Stock Analysis
| ELO Stock | 1.56 0.17 12.23% |
Eloro Resources is overvalued with Real Value of 1.49 and Hype Value of 1.56. The main objective of Eloro Resources stock analysis is to determine its intrinsic value, which is an estimate of what Eloro Resources is worth, separate from its market price. There are two main types of Eloro Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eloro Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eloro Resources' stock to identify patterns and trends that may indicate its future price movements.
The Eloro Resources stock is traded in Canada on Toronto 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 Canada. Eloro Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Eloro Stock trading window is adjusted to America/Toronto timezone.
Eloro |
Eloro Stock Analysis Notes
About 15.0% of the company shares are held by institutions such as insurance companies. The book value of Eloro Resources was currently reported as 0.71. The company recorded a loss per share of 0.09. Eloro Resources had not issued any dividends in recent years. The entity had 1:10 split on the 1st of October 2014. To learn more about Eloro Resources call the company at 416 868 9168 or check out https://elororesources.com.Eloro Resources Investment Alerts
| Eloro Resources had very high historical volatility over the last 90 days | |
| Eloro Resources may become a speculative penny stock | |
| Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eloro Resources generates negative cash flow from operations |
Eloro Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 149.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eloro Resources's market, we take the total number of its shares issued and multiply it by Eloro 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 26th of November, Eloro Resources shows the Coefficient Of Variation of 1136.83, mean deviation of 3.6, and Downside Deviation of 4.33. Eloro 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.Eloro Resources Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Eloro Resources changes than the simple moving average.
Eloro Resources Predictive Daily Indicators
Eloro 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 Eloro Resources stock 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.
| Accumulation Distribution | 19638.8 | |||
| Daily Balance Of Power | 0.9444 | |||
| Rate Of Daily Change | 1.12 | |||
| Day Median Price | 1.49 | |||
| Day Typical Price | 1.51 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.17 |
Eloro Resources Forecast Models
Eloro Resources' time-series forecasting models are one of many Eloro Resources' stock 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 Eloro 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.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 stock analysis tools, you can find out how much better you can do when adding Eloro Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Eloro Stock
Eloro Resources financial ratios help investors to determine whether Eloro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eloro with respect to the benefits of owning Eloro Resources security.