Element79 Gold Corp Stock Analysis

Element79 OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.91. Some equities with similar Price to Book (P/B) outperform the market in the long run. Element79 Gold Corp recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. Element79 Gold Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in Nevada, British Columbia, and Ontario. Element79 Gold Corp. was incorporated in 2020 and is based in Vancouver, Canada. Element79 Gold is traded on OTC Exchange in the United States.The quote for Element79 Gold Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Element79 Gold Corp call James Tworek at 403-850-8050 or check out https://www.element79.gold.

Element79 Gold Corp Investment Alerts

Element79 Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Element79 Gold's market, we take the total number of its shares issued and multiply it by Element79 Gold'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 19th of August, Element79 Gold shows the Downside Deviation of 10.27, mean deviation of 9.53, and Coefficient Of Variation of 586.48. Element79 Gold Corp 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 analyze and collect data for nineteen technical drivers for Element79 Gold Corp, which can be compared to its peers. Please confirm Element79 Gold Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Element79 Gold Corp is priced favorably, providing market reflects its regular price of 0.0306 per share. As Element79 Gold Corp appears to be a penny stock we also advise to verify its total risk alpha numbers.

Element79 Gold Corp Price Movement Analysis

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Hilbert Transform Instantaneous Trendline Hilbert Transform Instantaneous Trendline Parabolic SAR Extended Triple Exponential Moving Average T3 Exponential Moving Average Triple Exponential Moving Average MESA Adaptive Moving Average Weighted Moving Average MAVP Triangular Moving Average Kaufman Adaptive Moving Average Bollinger Bands Parabolic SAR Midpoint Price over period Double Exponential Moving Average MidPoint over period Simple Moving Average All Moving Average

Element79 Gold Predictive Daily Indicators

Element79 Gold Forecast Models

Element79 Gold's time-series forecasting models are one of many Element79 Gold's otc 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 Element79 Gold's 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Element79 Gold 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 Element79 shares will generate the highest return on investment. We also built our otc 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 OTC such as Element79 Gold. By using and applying Element79 OTC Stock analysis, traders can create a robust methodology for identifying Element79 entry and exit points for their positions.

When running Element79 Gold's price analysis, check to measure Element79 Gold'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 Element79 Gold is operating at the current time. Most of Element79 Gold's value examination focuses on studying past and present price action to predict the probability of Element79 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element79 Gold's price. Additionally, you may evaluate how the addition of Element79 Gold to your portfolios can decrease your overall portfolio volatility.