Group Eleven Resources Stock Today
| ZNG Stock | CAD 0.20 0.01 4.76% |
Performance5 of 100
| Odds Of DistressOver 54
|
Group Eleven is selling for under 0.2 as of the 19th of April 2024; that is -4.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.2. Group Eleven has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Group Eleven Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Group Eleven Resources Corp. explores for and evaluates mineral properties in Ireland. Group Eleven Resources Corp. was founded in 2016 and is based in Vancouver, Canada. GROUP ELEVEN operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 199.97 M outstanding shares of which 33.58 K shares are at this time shorted by private and institutional investors with about 0.19 days to cover all short positions. More on Group Eleven Resources
Moving together with Group Stock
| 0.72 | GOOG | Alphabet CDR | PairCorr |
Moving against Group Stock
| 0.5 | AAPL | Apple Inc CDR | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Group 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. Group Eleven's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Group Eleven or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Bart Jaworski | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Group Eleven's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Group Eleven's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Group Eleven's financial leverage. It provides some insight into what part of Group Eleven's total assets is financed by creditors.
| |||||
Group Eleven Resources (ZNG) is traded on TSX Venture Exchange in Canada and employs 11 people. Group Eleven is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Group Eleven's market, we take the total number of its shares issued and multiply it by Group Eleven'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. Group Eleven Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 199.97 M outstanding shares of which 33.58 K shares are at this time shorted by private and institutional investors with about 0.19 days to cover all short positions.
Group Eleven Resources has accumulated about 919.3 K in cash with (2.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Group Eleven Probability Of Bankruptcy
Ownership AllocationGroup Eleven Resources has a total of 199.97 Million outstanding shares. Group Eleven secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Group Ownership Details
Group Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Group Eleven jumping above the current price in 90 days from now is about 15.21%. The Group Eleven Resources probability density function shows the probability of Group Eleven stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Group Eleven Resources has a beta of -0.8641. This usually means Additionally, group Eleven Resources has an alpha of 0.4382, implying that it can generate a 0.44 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Group Eleven to move above the current price in 90 days from now is about 15.21 (This Group Eleven Resources probability density function shows the probability of Group Stock to fall within a particular range of prices over 90 days) .
Group Eleven Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Group Eleven market risk premium is the additional return an investor will receive from holding Group Eleven 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 Group Eleven. 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 Group Eleven's alpha and beta are two of the key measurements used to evaluate Group Eleven's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.69 | |||
| Semi Deviation | 3.86 | |||
| Standard Deviation | 5.6 | |||
| Variance | 31.38 |
Group Stock Against Markets
Picking the right benchmark for Group Eleven 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 Group Eleven 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 Group Eleven is critical whether you are bullish or bearish towards Group Eleven Resources at a given time. Please also check how Group Eleven's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Group Eleven 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?
Run Investing Opportunities Now
Investing OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences |
| All Next | Launch Module |
Group Eleven Corporate Executives
Elected by the shareholders, the Group Eleven's board of directors comprises two types of representatives: Group Eleven inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Group. The board's role is to monitor Group Eleven's management team and ensure that shareholders' interests are well served. Group Eleven'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, Group Eleven's outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Group Stock?
Before investing in Group Eleven, 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 Group Eleven. To buy Group Eleven stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Group Eleven. 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 Group Eleven stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Group Eleven Resources 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 Group Eleven Resources 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 Group Eleven Resources, 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 Group Eleven Resources?
The danger of trading Group Eleven Resources is mainly related to its market volatility and Company 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 Group Eleven 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 Group Eleven. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Group Eleven Resources 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Group Eleven 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 board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Group Stock analysis
When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| 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 | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |