Eco Oil Gas Stock Current Valuation
| ECAOF Stock | USD 0.10 0.01 9.09% |
Valuation analysis of Eco Oil Gas helps investors to measure Eco Oil's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Eco Oil's price fluctuation is out of control at this time. Calculation of the real value of Eco Oil Gas is based on 3 months time horizon. Increasing Eco Oil's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Eco Oil Gas is useful when determining the fair value of the Eco pink sheet, which is usually determined by what a typical buyer is willing to pay for full or partial control of Eco Oil. Since Eco Oil is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eco Pink Sheet. However, Eco Oil's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.1 | Real 0.0924 | Hype 0.1 | Naive 0.11 |
The real value of Eco Pink Sheet, also known as its intrinsic value, is the underlying worth of Eco Oil Gas Company, which is reflected in its stock price. It is based on Eco Oil's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Eco Oil's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Eco Oil's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Eco Oil Gas helps investors to forecast how Eco pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Eco Oil more accurately as focusing exclusively on Eco Oil's fundamentals will not take into account other important factors: Eco Oil Gas Company Current Valuation Analysis
Eco Oil's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Eco Oil Current Valuation | 72.22 M |
Most of Eco Oil's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eco Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Eco Oil Gas has a Current Valuation of 72.22 M. This is 99.81% lower than that of the Oil, Gas & Consumable Fuels sector and 99.21% lower than that of the Energy industry. The current valuation for all United States stocks is 99.57% higher than that of the company.
Eco Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Oil's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Eco Oil could also be used in its relative valuation, which is a method of valuing Eco Oil by comparing valuation metrics of similar companies.Eco Oil is currently under evaluation in current valuation category among related companies.
Eco Fundamentals
| Return On Equity | -0.51 | |||
| Return On Asset | -0.27 | |||
| Operating Margin | (335.97) % | |||
| Current Valuation | 72.22 M | |||
| Shares Outstanding | 365.92 M | |||
| Shares Owned By Insiders | 31.49 % | |||
| Shares Owned By Institutions | 8.46 % | |||
| Price To Earning | (6.04) X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 1,341 X | |||
| Gross Profit | (1.93 M) | |||
| EBITDA | (5.25 M) | |||
| Net Income | (6.56 M) | |||
| Cash And Equivalents | 38.81 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 357.44 K | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 7.08 X | |||
| Book Value Per Share | 0.18 X | |||
| Cash Flow From Operations | (4.63 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 13 | |||
| Beta | 2.21 | |||
| Market Capitalization | 106.12 M | |||
| Total Asset | 45.87 M | |||
| Net Asset | 45.87 M |
About Eco Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eco Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Eco Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eco Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eco Oil will appreciate offsetting losses from the drop in the long position's value.Moving against Eco Pink Sheet
| 0.66 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.58 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.55 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Eco Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eco Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eco Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eco Oil Gas to buy it.
The correlation of Eco Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eco Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eco Oil Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eco Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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