Eco Oil Gas Stock Odds of Future Pink Sheet Price Finishing Under 0.64
| ECAOF Stock | USD 0.10 0.01 9.09% |
Eco |
Eco Oil Target Price Odds to finish below 0.64
The tendency of Eco Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 0.64 after 90 days |
| 0.10 | 90 days | 0.64 | close to 99 |
Based on a normal probability distribution, the odds of Eco Oil to stay under $ 0.64 after 90 days from now is close to 99 (This Eco Oil Gas probability density function shows the probability of Eco Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Eco Oil Gas price to stay between its current price of $ 0.10 and $ 0.64 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.06 suggesting Eco Oil Gas market returns are reactive to returns on the market. As the market goes up or down, Eco Oil is expected to follow. Additionally Eco Oil Gas has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Eco Oil Price Density |
| Price |
Predictive Modules for Eco Oil
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eco Oil Gas. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eco Oil's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eco Oil Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eco Oil is not an exception. The market had few large corrections towards the Eco Oil's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eco Oil Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eco Oil within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.44 | |
β | Beta against NYSE Composite | 1.06 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Eco Oil Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eco Oil for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eco Oil Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eco Oil Gas generated a negative expected return over the last 90 days | |
| Eco Oil Gas has high historical volatility and very poor performance | |
| 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 Oil Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Eco Pink Sheet often depends not only on the future outlook of the current and potential Eco Oil's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Eco Oil's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 225 M |
Eco Oil Technical Analysis
Eco Oil's future price can be derived by breaking down and analyzing its technical indicators over time. Eco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eco Oil Gas. In general, you should focus on analyzing Eco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eco Oil Predictive Forecast Models
Eco Oil's time-series forecasting models is one of many Eco Oil's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Eco Oil Gas
Checking the ongoing alerts about Eco Oil for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eco Oil Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eco Oil Gas generated a negative expected return over the last 90 days | |
| Eco Oil Gas has high historical volatility and very poor performance | |
| 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 |
Check out Eco Oil Backtesting, Eco Oil Valuation, Eco Oil Correlation, Eco Oil Hype Analysis, Eco Oil Volatility, Eco Oil History as well as Eco Oil Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Eco Pink Sheet analysis
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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