Eco Depot OTC Stock Probability of Future OTC Stock Price Finishing Over 0.74

ECDP -  USA Stock  

USD 0.74  0.01  1.37%

Eco Depot's future price is the expected price of Eco Depot instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Eco Depot performance during a given time horizon utilizing its historical volatility.

Eco Depot Price Probability 

 
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Continue to Eco Depot Backtesting, Eco Depot Valuation, Eco Depot Correlation, Eco Depot Hype Analysis, Eco Depot Volatility, Eco Depot History as well as Eco Depot Performance. Please specify Eco Depot time horizon, a valid symbol (red box) and a target price (blue box) you would like Eco Depot odds to be computed.
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Eco Depot Target Price Odds to finish over 0.74

The tendency of Eco Depot OTC Stock 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 foresting. 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.74 90 days 0.74  about 90.32
Based on a normal probability distribution, the odds of Eco Depot to move above the current price in 90 days from now is about 90.32 (This Eco Depot probability density function shows the probability of Eco Depot OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Eco Depot has a beta of 0.39 suggesting as returns on the market go up, Eco Depot average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eco Depot will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eco Depot is significantly underperforming DOW.
 Eco Depot Price Density 
      Price 

Predictive Modules for Eco Depot

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 Depot. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of Eco Depot'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. Please use the tools below to analyze the current value of Eco Depot in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.030.708.17
Details
Intrinsic
Valuation
LowReal ValueHigh
0.040.718.18
Details
Naive
Forecast
LowNext ValueHigh
0.0149530.758.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.650.810.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eco Depot. Your research has to be compared to or analyzed against Eco Depot's peers to derive any actionable benefits. When done correctly, Eco Depot's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eco Depot.

Eco Depot Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Eco Depot is not an exception. The market had few large corrections towards the Eco Depot'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 Depot, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eco Depot within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.23
β
Beta against DOW0.39
σ
Overall volatility
0.20
Ir
Information ratio -0.03

Eco Depot 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 Depot for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eco Depot 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 Depot generated a negative expected return over the last 90 days
Eco Depot has high historical volatility and very poor performance
Eco Depot has some characteristics of a very speculative penny stock
Eco Depot has a very high chance of going through financial distress in the upcoming years
The company currently holds 237.6 K in liabilities. Eco Depot has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Net Loss for the year was (202.67 K).
Eco Depot currently holds about 22.5 K in cash with (163.79 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Latest headline from topnewsguide.com: Integrity Health Corporation Stock Suddenly Jumps 75 percent On Unusual Volume - Top News Guide - Top News Guide

Eco Depot 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 Depot OTC Stock often depends not only on the future outlook of the current and potential Eco Depot'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 Depot's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day108.46k
Average Daily Volume In Three Month94.86k

Eco Depot Technical Analysis

Eco Depot's future price can be derived by breaking down and analyzing its technical indicators over time. Eco Depot OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eco Depot. In general, you should focus on analyzing Eco Depot OTC Stock price patterns and their correlations with different microeconomic environments and drivers.

Eco Depot Predictive Forecast Models

Eco Depot time-series forecasting models is one of many Eco Depot's otc stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Eco Depot'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 stock market movement and maximize returns from investment trading.

Things to note about Eco Depot

Checking the ongoing alerts about Eco Depot for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eco Depot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Eco Depot Alerts

Eco Depot Alerts and Suggestions

Eco Depot generated a negative expected return over the last 90 days
Eco Depot has high historical volatility and very poor performance
Eco Depot has some characteristics of a very speculative penny stock
Eco Depot has a very high chance of going through financial distress in the upcoming years
The company currently holds 237.6 K in liabilities. Eco Depot has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Net Loss for the year was (202.67 K).
Eco Depot currently holds about 22.5 K in cash with (163.79 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Latest headline from topnewsguide.com: Integrity Health Corporation Stock Suddenly Jumps 75 percent On Unusual Volume - Top News Guide - Top News Guide
Continue to Eco Depot Backtesting, Eco Depot Valuation, Eco Depot Correlation, Eco Depot Hype Analysis, Eco Depot Volatility, Eco Depot History as well as Eco Depot Performance. Note that the Eco Depot information on this page should be used as a complementary analysis to other Eco Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Eco Depot price analysis, check to measure Eco Depot'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 Depot is operating at the current time. Most of Eco Depot's value examination focuses on studying past and present price action to predict the probability of Eco Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eco Depot's price. Additionally, you may evaluate how the addition of Eco Depot to your portfolios can decrease your overall portfolio volatility.
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Is Eco Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Depot. If investors know Eco Depot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eco Depot is measured differently than its book value, which is the value of Eco Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Depot's value that differs from its market value or its book value, called intrinsic value, which is Eco Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Depot's market value can be influenced by many factors that don't directly affect Eco Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Eco Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.