Eguana Technologies Stock Today
EGT Stock | CAD 0.02 0.01 33.33% |
Performance5 of 100
| Odds Of DistressLess than 32
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Eguana Technologies is selling for under 0.02 as of the 19th of March 2024; that is 33.33 percent up since the beginning of the trading day. The stock's lowest day price was 0.015. Eguana Technologies has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Eguana Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Eguana Technologies Inc. designs and manufactures residential and commercial energy storage systems for fuel cell, photovoltaic, and battery applications in Canada, Asia, Australia, Europe, and the United States. Eguana Technologies Inc. is headquartered in Calgary, Canada. The company has 448.96 M outstanding shares of which 26.95 K shares are currently shorted by private and institutional investors with about 0.13 days to cover all short positions. More on Eguana Technologies
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Eguana Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eguana Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eguana Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chief Executive Officer | Justin Holland | ||||
Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | ||||
Eguana Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eguana Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eguana Technologies' financial leverage. It provides some insight into what part of Eguana Technologies' total assets is financed by creditors.
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Eguana Technologies (EGT) is traded on TSX Venture Exchange in Canada and employs 61 people. Eguana Technologies is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eguana Technologies's market, we take the total number of its shares issued and multiply it by Eguana Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eguana Technologies classifies itself under Electrical Equipment sector and is part of Industrials industry. The entity has 448.96 M outstanding shares of which 26.95 K shares are currently shorted by private and institutional investors with about 0.13 days to cover all short positions.
Eguana Technologies has accumulated about 902.67 K in cash with (15.39 M) of positive cash flow from operations.
Check Eguana Technologies Probability Of Bankruptcy
Ownership AllocationEguana Technologies holds a total of 448.96 Million outstanding shares. Eguana Technologies shows 17.27 percent of its outstanding shares held by insiders and 2.03 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Eguana Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Eguana Technologies jumping above the current price in 90 days from now is about 84.91%. The Eguana Technologies probability density function shows the probability of Eguana Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Eguana Technologies has a beta of -2.3632 suggesting as returns on its benchmark rise, returns on holding Eguana Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eguana Technologies is expected to outperform its benchmark. In addition to that, the company has an alpha of 2.0738, implying that it can generate a 2.07 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eguana Technologies to move above the current price in 90 days from now is about 84.91 (This Eguana Technologies probability density function shows the probability of Eguana Stock to fall within a particular range of prices over 90 days) .
Eguana Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eguana Technologies market risk premium is the additional return an investor will receive from holding Eguana Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eguana Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eguana Technologies' alpha and beta are two of the key measurements used to evaluate Eguana Technologies' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 13.15 | |||
Semi Deviation | 14.02 | |||
Standard Deviation | 22.67 | |||
Variance | 513.92 |
Eguana Stock Against Markets
Picking the right benchmark for Eguana Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eguana Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eguana Technologies is critical whether you are bullish or bearish towards Eguana Technologies at a given time. Please also check how Eguana Technologies' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Eguana Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Eguana Technologies Corporate Directors
Eguana Technologies corporate directors refer to members of an Eguana Technologies board of directors. The board of directors generally takes responsibility for the Eguana Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eguana Technologies' board members must vote for the resolution. The Eguana Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Robert Penner | Independent Director | Profile | |
Andreas Rueckemann | Director of Sales | Profile | |
Keith Johnston | Director of Engineering | Profile | |
Andrew Gustajtis | Independent Director | Profile |
How to buy Eguana Stock?
Before investing in Eguana Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eguana Technologies. To buy Eguana Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eguana Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Eguana Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eguana Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Eguana Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eguana Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Eguana Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eguana Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eguana Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eguana Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eguana Technologies. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Eguana Stock analysis
When running Eguana Technologies' price analysis, check to measure Eguana Technologies' 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to predict the probability of Eguana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eguana Technologies' price. Additionally, you may evaluate how the addition of Eguana Technologies to your portfolios can decrease your overall portfolio volatility.
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