Erdene Resource Development Stock Analysis
| ERDCF Stock | USD 5.42 0.03 0.55% |
Erdene Resource Development is overvalued with Real Value of 5.11 and Hype Value of 5.42. The main objective of Erdene Resource pink sheet analysis is to determine its intrinsic value, which is an estimate of what Erdene Resource Development is worth, separate from its market price. There are two main types of Erdene Resource's stock analysis: fundamental analysis and technical analysis.
The Erdene Resource 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Erdene Resource's ongoing operational relationships across important fundamental and technical indicators.
Erdene |
Erdene Pink Sheet Analysis Notes
About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.84. Some equities with similar Price to Book (P/B) outperform the market in the long run. Erdene Resource Deve recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 9th of November 2012. Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada. Erdene Resource operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 56 people.The quote for Erdene Resource Development 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 Erdene Resource Development call Peter BSc at 902 423 6419 or check out https://www.erdene.com.Erdene Resource Deve Investment Alerts
| Erdene Resource Deve generated a negative expected return over the last 90 days | |
| Erdene Resource Deve has high historical volatility and very poor performance | |
| Erdene Resource Deve has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (5.57 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erdene Resource Development has accumulated about 395.46 K in cash with (5.24 M) of positive cash flow from operations. | |
| Roughly 22.0% of the company shares are held by company insiders |
Erdene Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 105.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Erdene Resource's market, we take the total number of its shares issued and multiply it by Erdene Resource'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 21st of December, Erdene Resource shows the Coefficient Of Variation of (6,192), standard deviation of 3.55, and Mean Deviation of 2.55. Erdene Resource Deve 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. Please confirm Erdene Resource Deve standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Erdene Resource Deve is priced favorably, providing market reflects its regular price of 5.42 per share. Given that Erdene Resource has information ratio of (0.03), we urge you to verify Erdene Resource Development's prevailing market performance to make sure the company can sustain itself at a future point.Erdene Resource Deve Price Movement Analysis
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Erdene Resource Deve price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
Erdene Resource Predictive Daily Indicators
Erdene Resource 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 Erdene Resource 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.
Erdene Resource Forecast Models
Erdene Resource's time-series forecasting models are one of many Erdene Resource's 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 Erdene Resource'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.About Erdene Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Erdene Resource 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 Erdene 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 Erdene Resource. By using and applying Erdene Pink Sheet analysis, traders can create a robust methodology for identifying Erdene entry and exit points for their positions.
Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada. Erdene Resource operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 56 people.
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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 Erdene Resource to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Erdene Resource's price analysis, check to measure Erdene Resource'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 Erdene Resource is operating at the current time. Most of Erdene Resource's value examination focuses on studying past and present price action to predict the probability of Erdene Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erdene Resource's price. Additionally, you may evaluate how the addition of Erdene Resource to your portfolios can decrease your overall portfolio volatility.
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