Ess Tech Stock Buy Hold or Sell Recommendation
| GWH Stock | USD 0.70 0.01 1.45% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ESS Tech is 'Strong Sell'. Macroaxis provides ESS Tech buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ESS Tech positions. The advice algorithm takes into account all of ESS Tech's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ESS Tech's buy or sell advice are summarized below:
Real Value 1.17 | Target Price 2.66 | Hype Value 0.64 | Market Value 0.7 | Naive Value 0.66 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ESS Tech given historical horizon and risk tolerance towards ESS Tech. When Macroaxis issues a 'buy' or 'sell' recommendation for ESS Tech, the advice is generated through an automated system that utilizes algorithms and statistical models.
ESS |
Execute ESS Tech Buy or Sell Advice
The ESS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ESS Tech. Macroaxis does not own or have any residual interests in ESS Tech or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ESS Tech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ESS Tech Trading Alerts and Improvement Suggestions
| ESS Tech generated a negative expected return over the last 90 days | |
| ESS Tech has some characteristics of a very speculative penny stock | |
| ESS Tech has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 7.54 M. Reported Net Loss for the year was (77.58 M) with profit before taxes, overhead, and interest of 894 K. | |
| ESS Tech has about 238.94 M in cash with (54.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| ESS Tech has a frail financial position based on the latest SEC disclosures | |
| Roughly 39.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Is ESS Tech In A Good Position To Deliver On Growth Plans |
ESS Tech Returns Distribution Density
The distribution of ESS Tech's historical returns is an attempt to chart the uncertainty of ESS Tech's future price movements. The chart of the probability distribution of ESS Tech daily returns describes the distribution of returns around its average expected value. We use ESS Tech price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ESS Tech returns is essential to provide solid investment advice for ESS Tech.
| Mean Return | -0.39 | Value At Risk | -8.74 | Potential Upside | 8.75 | Standard Deviation | 4.87 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ESS Tech 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.
ESS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ESS Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESS Tech backward and forwards among themselves. ESS Tech's institutional investor refers to the entity that pools money to purchase ESS Tech's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Laird Norton Tyee Trust Co | 2023-12-31 | 353.5 K | Blair William & Co | 2023-12-31 | 334.5 K | Goldman Sachs Group Inc | 2023-12-31 | 306 K | Bank Of New York Mellon Corp | 2023-12-31 | 288.8 K | Nuveen Asset Management, Llc | 2023-12-31 | 276.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 248.9 K | Baird Financial Group, Inc. | 2023-12-31 | 245.1 K | Bank Of America Corp | 2023-12-31 | 243.4 K | Jane Street Group, Llc | 2023-12-31 | 237.7 K | Softbank Group Corp | 2023-12-31 | 36 M | Blackrock Inc | 2023-12-31 | 5.9 M |
ESS Tech 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 ESS Tech or Electrical Equipment 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 ESS Tech's price will be affected by overall stock 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 ESS stock'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 | -0.61 | |
β | Beta against NYSE Composite | 2.40 | |
σ | Overall volatility | 4.94 | |
Ir | Information ratio | -0.1 |
ESS Tech Volatility Alert
ESS Tech exhibits very low volatility with skewness of 0.33 and kurtosis of 0.17. ESS Tech is a potential penny stock. Although ESS Tech may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in ESS Tech. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on ESS instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.ESS Tech Fundamentals Vs Peers
Comparing ESS Tech'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 ESS Tech's direct or indirect competition across all of the common fundamentals between ESS Tech and the related equities. This way, we can detect undervalued stocks with similar characteristics as ESS Tech or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ESS Tech's fundamental indicators could also be used in its relative valuation, which is a method of valuing ESS Tech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ESS Tech to competition |
| Fundamentals | ESS Tech | Peer Average |
| Return On Equity | -0.65 | -0.31 |
| Return On Asset | -0.34 | -0.14 |
| Operating Margin | (6.82) % | (5.51) % |
| Current Valuation | 16.03 M | 16.62 B |
| Shares Outstanding | 174.9 M | 571.82 M |
| Shares Owned By Insiders | 39.13 % | 10.09 % |
| Shares Owned By Institutions | 41.55 % | 39.21 % |
| Number Of Shares Shorted | 12.51 M | 4.71 M |
| Price To Book | 1.14 X | 9.51 X |
| Price To Sales | 15.62 X | 11.42 X |
| Revenue | 7.54 M | 9.43 B |
| Gross Profit | 894 K | 27.38 B |
| EBITDA | (85.91 M) | 3.9 B |
| Net Income | (77.58 M) | 570.98 M |
| Cash And Equivalents | 238.94 M | 2.7 B |
| Cash Per Share | 1.25 X | 5.01 X |
| Total Debt | 2.54 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 9.06 X | 2.16 X |
| Book Value Per Share | 0.59 X | 1.93 K |
| Cash Flow From Operations | (54.9 M) | 971.22 M |
| Short Ratio | 10.81 X | 4.00 X |
| Earnings Per Share | (0.48) X | 3.12 X |
| Price To Earnings To Growth | 0.16 X | 4.89 X |
| Target Price | 1.99 | |
| Number Of Employees | 231 | 18.84 K |
| Beta | 1.6 | -0.15 |
| Market Capitalization | 122.18 M | 19.03 B |
| Total Asset | 143.23 M | 29.47 B |
| Retained Earnings | (696.16 M) | 9.33 B |
| Working Capital | 98.33 M | 1.48 B |
| Net Asset | 143.23 M |
Note: Acquisition by Anthony Rabb of 76452 shares of ESS Tech subject to Rule 16b-3 [view details]
ESS Tech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ESS . 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 | 22786.75 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 0.71 | |||
| Day Typical Price | 0.7 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 57.43 |
About ESS Tech Buy or Sell Advice
When is the right time to buy or sell ESS Tech? Buying financial instruments such as ESS Stock 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.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 6.8M | 15.8M | 12.9M | 8.3M | Total Assets | 250.2M | 173.6M | 143.2M | 131.4M |
Use Investing Ideas to Build Portfolios
In addition to having ESS Tech 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?
Run Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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Check out ESS Tech 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. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running ESS Tech's price analysis, check to measure ESS Tech'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 ESS Tech is operating at the current time. Most of ESS Tech's value examination focuses on studying past and present price action to predict the probability of ESS Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESS Tech's price. Additionally, you may evaluate how the addition of ESS Tech to your portfolios can decrease your overall portfolio volatility.
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Is ESS Tech'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 ESS Tech. If investors know ESS 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 ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.047 | Quarterly Revenue Growth 173.75 | Return On Assets (0.34) | Return On Equity (0.65) |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech'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 ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech'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 ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech'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.