Elcora Advanced Materials Stock Buy Hold or Sell Recommendation
| ECORF Stock | USD 0.03 0 4.29% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Elcora Advanced Materials is 'Strong Sell'. Macroaxis provides Elcora Advanced buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ECORF positions. The advice algorithm takes into account all of Elcora Advanced's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Elcora Advanced's buy or sell advice are summarized below:
Real Value 0.0277 | Hype Value 0.03 | Market Value 0.0316 | Naive Value 0.0324 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Elcora Advanced Materials given historical horizon and risk tolerance towards Elcora Advanced. When Macroaxis issues a 'buy' or 'sell' recommendation for Elcora Advanced Materials, the advice is generated through an automated system that utilizes algorithms and statistical models.
Elcora |
Execute Elcora Advanced Buy or Sell Advice
The Elcora recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elcora Advanced Materials. Macroaxis does not own or have any residual interests in Elcora Advanced Materials or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elcora Advanced's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Elcora Advanced Trading Alerts and Improvement Suggestions
| Elcora Advanced is way too risky over 90 days horizon | |
| Elcora Advanced has some characteristics of a very speculative penny stock | |
| Elcora Advanced appears to be risky and price may revert if volatility continues | |
| The company has accumulated 680.27 K in total debt with debt to equity ratio (D/E) of 7.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elcora Advanced Materials has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced'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 Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (959.09 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Elcora Advanced Materials has accumulated about 208.06 K in cash with (1.43 M) of positive cash flow from operations. |
Elcora Advanced Returns Distribution Density
The distribution of Elcora Advanced's historical returns is an attempt to chart the uncertainty of Elcora Advanced's future price movements. The chart of the probability distribution of Elcora Advanced daily returns describes the distribution of returns around its average expected value. We use Elcora Advanced Materials price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elcora Advanced returns is essential to provide solid investment advice for Elcora Advanced.
| Mean Return | 1.07 | Value At Risk | -10.5 | Potential Upside | 13.07 | Standard Deviation | 9.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elcora Advanced historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Elcora Advanced Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Elcora Advanced or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Elcora Advanced's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Elcora pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 1.02 | |
β | Beta against NYSE Composite | 0.46 | |
σ | Overall volatility | 9.05 | |
Ir | Information ratio | 0.11 |
Elcora Advanced Volatility Alert
Elcora Advanced Materials is displaying above-average volatility over the selected time horizon. Elcora Advanced Materials is a penny stock. Although Elcora Advanced may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Elcora Advanced Materials. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Elcora instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Elcora Advanced Fundamentals Vs Peers
Comparing Elcora Advanced's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elcora Advanced's direct or indirect competition across all of the common fundamentals between Elcora Advanced and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elcora Advanced or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Elcora Advanced's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elcora Advanced by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elcora Advanced to competition |
| Fundamentals | Elcora Advanced | Peer Average |
| Return On Asset | -0.35 | -0.14 |
| Current Valuation | 5.68 M | 16.62 B |
| Shares Outstanding | 167.38 M | 571.82 M |
| Shares Owned By Insiders | 4.30 % | 10.09 % |
| Price To Earning | 2.29 X | 28.72 X |
| Price To Book | 52.84 X | 9.51 X |
| EBITDA | (728.8 K) | 3.9 B |
| Net Income | (959.09 K) | 570.98 M |
| Cash And Equivalents | 208.06 K | 2.7 B |
| Total Debt | 680.27 K | 5.32 B |
| Debt To Equity | 7.58 % | 48.70 % |
| Current Ratio | 0.25 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (1.43 M) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Number Of Employees | 7 | 18.84 K |
| Beta | 0.79 | -0.15 |
| Market Capitalization | 5.76 M | 19.03 B |
| Total Asset | 1.66 M | 29.47 B |
| Retained Earnings | (5.63 M) | 9.33 B |
| Working Capital | 225 K | 1.48 B |
| Current Asset | 550 K | 9.34 B |
| Current Liabilities | 325 K | 7.9 B |
| Z Score | 0.6 | 8.72 |
| Net Asset | 1.66 M |
Elcora Advanced Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elcora . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0814 | |||
| Daily Balance Of Power | 0.4643 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 0.033 | |||
| Day Typical Price | 0.0325 | |||
| Market Facilitation Index | 0.0028 | |||
| Price Action Indicator | (0.0008) | |||
| Period Momentum Indicator | 0.0013 |
About Elcora Advanced Buy or Sell Advice
When is the right time to buy or sell Elcora Advanced Materials? Buying financial instruments such as Elcora Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Elcora Advanced in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Elcora Advanced Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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