Euro Sun Mining Stock Market Value

ESM Stock  CAD 0.16  0.01  6.67%   
Euro Sun's market value is the price at which a share of Euro Sun trades on a public exchange. It measures the collective expectations of Euro Sun Mining investors about its performance. Euro Sun is selling at 0.16 as of the 22nd of July 2025; that is 6.67 percent increase since the beginning of the trading day. The stock's open price was 0.15.
With this module, you can estimate the performance of a buy and hold strategy of Euro Sun Mining and determine expected loss or profit from investing in Euro Sun over a given investment horizon. Check out Euro Sun Correlation, Euro Sun Volatility and Euro Sun Alpha and Beta module to complement your research on Euro Sun.
Symbol

Euro Sun Mining Price To Book Ratio

Please note, there is a significant difference between Euro Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euro Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euro Sun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Euro Sun 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Euro Sun's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Euro Sun.
0.00
04/23/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/22/2025
0.00
If you would invest  0.00  in Euro Sun on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Euro Sun Mining or generate 0.0% return on investment in Euro Sun over 90 days. Euro Sun is related to or competes with First Mining, Belo Sun, Liberty Gold, and Troilus Gold. Euro Sun Mining Inc. engages in the exploration and development of mineral properties in Romania More

Euro Sun Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Euro Sun's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Euro Sun Mining upside and downside potential and time the market with a certain degree of confidence.

Euro Sun Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Euro Sun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euro Sun's standard deviation. In reality, there are many statistical measures that can use Euro Sun historical prices to predict the future Euro Sun's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.156.03
Details
Intrinsic
Valuation
LowRealHigh
0.010.136.01
Details
Naive
Forecast
LowNextHigh
00.156.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.120.140.16
Details

Euro Sun Mining Backtested Returns

Euro Sun is out of control given 3 months investment horizon. Euro Sun Mining secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22 % return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.29% are justified by taking the suggested risk. Use Euro Sun Coefficient Of Variation of 614.97, downside deviation of 7.28, and Mean Deviation of 4.05 to evaluate company specific risk that cannot be diversified away. Euro Sun holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Euro Sun's returns are expected to increase less than the market. However, during the bear market, the loss of holding Euro Sun is expected to be smaller as well. Use Euro Sun treynor ratio and the relationship between the downside variance and day median price , to analyze future returns on Euro Sun.

Auto-correlation

    
  0.76  

Good predictability

Euro Sun Mining has good predictability. Overlapping area represents the amount of predictability between Euro Sun time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Euro Sun Mining price movement. The serial correlation of 0.76 indicates that around 76.0% of current Euro Sun price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.89
Residual Average0.0
Price Variance0.0

Euro Sun Mining lagged returns against current returns

Autocorrelation, which is Euro Sun stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Euro Sun's stock expected returns. We can calculate the autocorrelation of Euro Sun returns to help us make a trade decision. For example, suppose you find that Euro Sun has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Euro Sun regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Euro Sun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euro Sun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euro Sun stock over time.
   Current vs Lagged Prices   
       Timeline  

Euro Sun Lagged Returns

When evaluating Euro Sun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euro Sun stock have on its future price. Euro Sun autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Euro Sun autocorrelation shows the relationship between Euro Sun stock current value and its past values and can show if there is a momentum factor associated with investing in Euro Sun Mining.
   Regressed Prices   
       Timeline  

Pair Trading with Euro Sun

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Euro Sun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Euro Sun will appreciate offsetting losses from the drop in the long position's value.

Moving together with Euro Stock

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Moving against Euro Stock

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The ability to find closely correlated positions to Euro Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euro Sun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Euro Sun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Euro Sun Mining to buy it.
The correlation of Euro Sun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euro Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euro Sun Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Euro Sun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Euro Stock

Euro Sun financial ratios help investors to determine whether Euro 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 Euro with respect to the benefits of owning Euro Sun security.