GlyEco Inc Performance
| GLYEDelisted Stock | USD 0.0002 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GlyEco are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days GlyEco Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, GlyEco is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Cash Flows Other Operating | -3.7 M | |
| End Period Cash Flow | 237.6 K | |
| Free Cash Flow | -1.1 M | |
| Discontinued Operations | -1.9 M |
GlyEco |
GlyEco Relative Risk vs. Return Landscape
If you would invest 0.02 in GlyEco Inc on January 19, 2024 and sell it today you would earn a total of 0.00 from holding GlyEco Inc or generate 0.0% return on investment over 90 days. GlyEco Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than GlyEco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GlyEco Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GlyEco's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as GlyEco Inc, and traders can use it to determine the average amount a GlyEco'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 = 0.0
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Based on monthly moving average GlyEco is not performing at its full potential. However, 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 GlyEco by adding GlyEco to a well-diversified portfolio.
GlyEco Fundamentals Growth
GlyEco Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of GlyEco, and GlyEco 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 GlyEco Pink Sheet performance.
| Return On Equity | -13.94 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.84) % | |||
| Operating Margin | (0.53) % | |||
| Current Valuation | 171.06 K | |||
| Shares Outstanding | 1.45 M | |||
| Price To Earning | (3.25) X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 6.93 M | |||
| EBITDA | (1.94 M) | |||
| Cash And Equivalents | 157.72 K | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 2.78 M | |||
| Debt To Equity | 786.90 % | |||
| Book Value Per Share | (1.72) X | |||
| Cash Flow From Operations | (1 M) | |||
| Earnings Per Share | (4.30) X | |||
| Total Asset | 9.86 M | |||
| Retained Earnings | (43.7 M) | |||
| Current Asset | 2.56 M | |||
| Current Liabilities | 1.68 M | |||
About GlyEco Performance
To evaluate GlyEco Inc 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 GlyEco 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 GlyEco 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 GlyEco Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents GlyEco'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.GlyEco, Inc., a specialty chemical company, develops, manufactures, and distributes performance fluids for the automotive, commercial, and industrial markets in North America. GlyEco, Inc. was founded in 1996 and is based in Institute, West Virginia. GLYECO INC operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 18 people.Things to note about GlyEco Inc performance evaluation
Checking the ongoing alerts about GlyEco for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for GlyEco Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GlyEco Inc is not yet fully synchronised with the market data | |
| GlyEco Inc has some characteristics of a very speculative penny stock | |
| GlyEco Inc has a very high chance of going through financial distress in the upcoming years | |
| GlyEco Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company currently holds 2.78 M in liabilities with Debt to Equity (D/E) ratio of 786.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GlyEco Inc has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist GlyEco until it has trouble settling it off, either with new capital or with free cash flow. So, GlyEco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GlyEco Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GlyEco to invest in growth at high rates of return. When we think about GlyEco's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 6.93 M. Net Loss for the year was (5.31 M) with profit before overhead, payroll, taxes, and interest of 1.29 M. | |
| GlyEco Inc currently holds about 157.72 K in cash with (1 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. |
- Analyzing GlyEco'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 GlyEco's stock is overvalued or undervalued compared to its peers.
- Examining GlyEco'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 GlyEco's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GlyEco's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GlyEco's pink sheet. These opinions can provide insight into GlyEco's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in GlyEco Pink Sheet
If you are still planning to invest in GlyEco Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the GlyEco's history and understand the potential risks before investing.
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