Eco Oil Gas Stock Analysis

ECAOF Stock  USD 0.10  0.01  9.09%   
Eco Oil Gas is overvalued with Real Value of 0.0924 and Hype Value of 0.1. The main objective of Eco Oil pink sheet analysis is to determine its intrinsic value, which is an estimate of what Eco Oil Gas is worth, separate from its market price. There are two main types of Eco Oil's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eco Oil's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eco Oil's stock to identify patterns and trends that may indicate its future price movements.
The Eco Oil 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. Eco Oil is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Eco Pink Sheet trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Eco Oil's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Eco Pink Sheet Analysis Notes

About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.2. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eco Oil Gas recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. Eco Atlantic is traded on OTC Exchange in the United States.The quote for Eco Oil Gas 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 Eco Oil Gas call Gil Holzman at 416-250-1955 or check out https://www.ecooilandgas.com.

Eco Oil Gas Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eco Oil's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eco Oil Gas or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Eco Oil Gas had very high historical volatility over the last 90 days
Eco Oil Gas has some characteristics of a very speculative penny stock
Eco Oil Gas has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (6.56 M) with loss before overhead, payroll, taxes, and interest of (1.93 M).
Eco Oil Gas has accumulated about 38.81 M in cash with (4.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 31.0% of the company shares are held by company insiders

Eco Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 106.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eco Oil's market, we take the total number of its shares issued and multiply it by Eco Oil'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 April, Eco Oil shows the Mean Deviation of 3.03, standard deviation of 6.7, and Variance of 44.89. Eco Oil Gas 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 break down and interpolate data for thirteen technical drivers for Eco Oil Gas, which can be compared to its peers. Please confirm Eco Oil Gas variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Eco Oil Gas is priced favorably, providing market reflects its regular price of 0.1 per share. As Eco Oil Gas appears to be a penny stock we also advise to verify its jensen alpha numbers.

Eco Oil Gas Price Movement Analysis

Execute Study
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 Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eco Oil middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eco Oil Gas. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Eco Oil Predictive Daily Indicators

Eco Oil 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 Eco Oil 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.

Eco Oil Forecast Models

Eco Oil's time-series forecasting models are one of many Eco Oil'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 Eco Oil'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 Eco Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Eco Oil 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 Eco 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 Eco Oil. By using and applying Eco Pink Sheet analysis, traders can create a robust methodology for identifying Eco entry and exit points for their positions.
Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. Eco Atlantic is traded on OTC Exchange in the United States.

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 pink sheet analysis tools, you can find out how much better you can do when adding Eco Oil to your portfolios without increasing risk or reducing expected return.

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running Eco Oil's price analysis, check to measure Eco Oil'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 Eco Oil is operating at the current time. Most of Eco Oil's value examination focuses on studying past and present price action to predict the probability of Eco Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Oil's price. Additionally, you may evaluate how the addition of Eco Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eco Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Oil'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.