Ecosynthetix Stock Performance
ECSNF Stock | USD 3.51 0.00 0.00% |
On a scale of 0 to 100, EcoSynthetix holds a performance score of 9. The firm shows a Beta (market volatility) of -0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EcoSynthetix are expected to decrease at a much lower rate. During the bear market, EcoSynthetix is likely to outperform the market. Please check EcoSynthetix's variance, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether EcoSynthetix's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in EcoSynthetix are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, EcoSynthetix reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow | 16.6 M | |
Total Cashflows From Investing Activities | 24.7 M |
EcoSynthetix |
EcoSynthetix Relative Risk vs. Return Landscape
If you would invest 290.00 in EcoSynthetix on January 25, 2024 and sell it today you would earn a total of 61.00 from holding EcoSynthetix or generate 21.03% return on investment over 90 days. EcoSynthetix is currently producing 0.3452% returns and takes up 2.8186% volatility of returns over 90 trading days. Put another way, 24% of traded pink sheets are less volatile than EcoSynthetix, and 94% of all traded equity instruments are likely to generate higher returns 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 pink sheets, 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 = 0.1225
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Estimated Market Risk
2.82 actual daily | 24 76% of assets are more volatile |
Expected Return
0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average EcoSynthetix is performing at about 9% 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 Pink Sheet 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 Pink Sheet performance.
Return On Equity | -0.0575 | |||
Return On Asset | -0.0405 | |||
Profit Margin | (0.15) % | |||
Operating Margin | (0.17) % | |||
Current Valuation | 148.71 M | |||
Shares Outstanding | 58.79 M | |||
Price To Earning | (14.47) X | |||
Price To Book | 3.88 X | |||
Price To Sales | 9.63 X | |||
Revenue | 18.16 M | |||
EBITDA | (1.86 M) | |||
Cash And Equivalents | 24.31 M | |||
Cash Per Share | 0.41 X | |||
Total Debt | 937.33 K | |||
Debt To Equity | 0.02 % | |||
Book Value Per Share | 0.77 X | |||
Cash Flow From Operations | 474.07 K | |||
Earnings Per Share | (0.05) X | |||
Total Asset | 50.98 M | |||
About EcoSynthetix Performance
To evaluate EcoSynthetix Pink Sheet 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 Pink Sheet'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.EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1996 and is headquartered in Burlington, Canada. Ecosynthetix operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 26 people.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. Pink Sheet 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 has high likelihood to experience some financial distress in the next 2 years | |
The company reported the revenue of 18.16 M. Net Loss for the year was (3.18 M) with profit before overhead, payroll, taxes, and interest of 3.97 M. | |
About 34.0% of the company shares are held by company insiders |
- 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 pink sheet. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for EcoSynthetix Pink Sheet 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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