Ecosynthetix Stock Filter Stocks by Fundamentals
| ECO Stock | CAD 4.95 0.10 2.06% |
EcoSynthetix fundamentals help investors to digest information that contributes to EcoSynthetix's financial success or failures. It also enables traders to predict the movement of EcoSynthetix Stock. The fundamental analysis module provides a way to measure EcoSynthetix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EcoSynthetix stock.
EcoSynthetix |
Did you try this?
Run Analyst Advice Now
Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
EcoSynthetix Fundamentals
| Return On Equity | -0.0583 | |||
| Return On Asset | -0.0607 | |||
| Profit Margin | (0.17) % | |||
| Operating Margin | (0.22) % | |||
| Current Valuation | 256.58 M | |||
| Shares Outstanding | 58.48 M | |||
| Shares Owned By Insiders | 16.12 % | |||
| Shares Owned By Institutions | 16.74 % | |||
| Number Of Shares Shorted | 397.09 K | |||
| 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 | (3.5 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 | 0.68 X | |||
| Cash Flow From Operations | 316.99 K | |||
| Short Ratio | 29.46 X | |||
| Earnings Per Share | (0.05) X | |||
| Target Price | 8.39 | |||
| Number Of Employees | 25 | |||
| Beta | 0.89 | |||
| Market Capitalization | 289.46 M | |||
| Total Asset | 42.84 M | |||
| Retained Earnings | (459.55 M) | |||
| Working Capital | 36.96 M | |||
| Net Asset | 42.84 M |
About EcoSynthetix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EcoSynthetix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoSynthetix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoSynthetix 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 EcoSynthetix
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 EcoSynthetix 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 EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.Moving against EcoSynthetix Stock
| 0.64 | WMT | Walmart Inc CDR | PairCorr |
| 0.43 | XOM | EXXON MOBIL CDR | PairCorr |
| 0.41 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix 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 EcoSynthetix - 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 EcoSynthetix to buy it.
The correlation of EcoSynthetix 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 EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix 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 EcoSynthetix 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 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |