Eco Depot Stock Probability of Future Pink Sheet Price Finishing Over 0.15
| ECDP Stock | USD 0.15 0.01 7.14% |
Eco |
Eco Depot Target Price Odds to finish over 0.15
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 move above the current price in 90 days |
| 0.15 | 90 days | 0.15 | about 70.16 |
Based on a normal probability distribution, the odds of Eco Depot to move above the current price in 90 days from now is about 70.16 (This Eco Depot probability density function shows the probability of Eco Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Eco Depot has a beta of -3.92 suggesting as returns on its benchmark rise, returns on holding Eco Depot are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eco Depot is expected to outperform its benchmark. Additionally Eco Depot 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 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 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 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.
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 NYSE Composite | -0.25 | |
β | Beta against NYSE Composite | -3.92 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.04 |
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. Debt can assist Eco Depot until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Depot'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 Eco Depot sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Depot's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (202.67 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| 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. |
Eco Depot Technical Analysis
Eco Depot'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 Depot. In general, you should focus on analyzing Eco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eco Depot Predictive Forecast Models
Eco Depot's time-series forecasting models is one of many Eco Depot'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 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 pink sheet 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 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. Debt can assist Eco Depot until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Depot'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 Eco Depot sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Depot's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (202.67 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| 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. |
Check out 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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Eco Pink Sheet analysis
When running Eco Depot's 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 the 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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