Ecosynthetix Stock Performance
| ECO Stock | CAD 4.67 0.04 0.86% |
On a scale of 0 to 100, EcoSynthetix holds a performance score of 4. The firm shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. EcoSynthetix returns are very sensitive to returns on the market. As the market goes up or down, EcoSynthetix is expected to follow. Please check EcoSynthetix's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether EcoSynthetix's price patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in EcoSynthetix are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, EcoSynthetix displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | EcoSynthetix Inc.s PS Is Still On The Mark Following 28 percent Share Price Bounce - Simply Wall St | 02/27/2024 |
2 | EcoSynthetix Stock Price Crosses Above 200 Day Moving Average of 4.05 - Defense World | 03/07/2024 |
3 | EcoSynthetix Share Price Crosses Above 200 Day Moving Average of 4.11 - Defense World | 04/02/2024 |
4 | Closing Bell Ecosynthetix Inc up on Monday - The Globe and Mail | 04/15/2024 |
5 | Closing Bell Ecosynthetix Inc up on Tuesday - The Globe and Mail | 04/23/2024 |
| Begin Period Cash Flow | 4.8 M |
EcoSynthetix |
EcoSynthetix Relative Risk vs. Return Landscape
If you would invest 426.00 in EcoSynthetix on January 26, 2024 and sell it today you would earn a total of 41.00 from holding EcoSynthetix or generate 9.62% return on investment over 90 days. EcoSynthetix is generating 0.202% of daily returns assuming 3.3072% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than EcoSynthetix, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
EcoSynthetix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EcoSynthetix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EcoSynthetix, and traders can use it to determine the average amount a EcoSynthetix's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0611
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Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average EcoSynthetix is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EcoSynthetix by adding it to a well-diversified portfolio.
EcoSynthetix Fundamentals Growth
EcoSynthetix Stock prices reflect investors' perceptions of the future prospects and financial health of EcoSynthetix, and EcoSynthetix fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EcoSynthetix Stock performance.
| Return On Equity | -0.0656 | ||||
| Return On Asset | -0.0619 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | (0.51) % | ||||
| Current Valuation | 241 M | ||||
| Shares Outstanding | 58.61 M | ||||
| Price To Earning | (18.42) X | ||||
| Price To Book | 5.02 X | ||||
| Price To Sales | 22.22 X | ||||
| Revenue | 12.66 M | ||||
| Gross Profit | 4.15 M | ||||
| EBITDA | (3.52 M) | ||||
| Net Income | (2.82 M) | ||||
| Cash And Equivalents | 44.59 M | ||||
| Cash Per Share | 0.76 X | ||||
| Total Debt | 819.47 K | ||||
| Debt To Equity | 2.70 % | ||||
| Current Ratio | 30.53 X | ||||
| Book Value Per Share | 0.70 X | ||||
| Cash Flow From Operations | 316.99 K | ||||
| Earnings Per Share | (0.07) X | ||||
| Market Capitalization | 273.7 M | ||||
| Total Asset | 42.84 M | ||||
| Retained Earnings | (459.55 M) | ||||
| Working Capital | 36.96 M | ||||
About EcoSynthetix Performance
To evaluate EcoSynthetix Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when EcoSynthetix generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare EcoSynthetix Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand EcoSynthetix market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents EcoSynthetix's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 134.61 | 116.27 | |
| Return On Tangible Assets | (0.07) | (0.07) | |
| Return On Capital Employed | (0.11) | (0.11) | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.07) | (0.07) |
Things to note about EcoSynthetix performance evaluation
Checking the ongoing alerts about EcoSynthetix for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EcoSynthetix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EcoSynthetix had very high historical volatility over the last 90 days | |
| EcoSynthetix has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.66 M. Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 4.15 M. | |
| About 16.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Closing Bell Ecosynthetix Inc up on Tuesday - The Globe and Mail |
- Analyzing EcoSynthetix's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EcoSynthetix's stock is overvalued or undervalued compared to its peers.
- Examining EcoSynthetix's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EcoSynthetix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EcoSynthetix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EcoSynthetix's stock. These opinions can provide insight into EcoSynthetix's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EcoSynthetix. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for EcoSynthetix Stock analysis
When running EcoSynthetix's price analysis, check to measure EcoSynthetix'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 EcoSynthetix is operating at the current time. Most of EcoSynthetix's value examination focuses on studying past and present price action to predict the probability of EcoSynthetix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EcoSynthetix's price. Additionally, you may evaluate how the addition of EcoSynthetix to your portfolios can decrease your overall portfolio volatility.
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