Ecrid Inc Stock Gross Profit
| ECDD Stock | USD 0.0003 0.00 0.00% |
Ecrid Inc fundamentals help investors to digest information that contributes to Ecrid's financial success or failures. It also enables traders to predict the movement of Ecrid Pink Sheet. The fundamental analysis module provides a way to measure Ecrid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ecrid pink sheet.
Ecrid |
Ecrid Inc Company Gross Profit Analysis
Ecrid's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Ecrid Inc reported 0.0 of gross profit. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Credit Services industry. The gross profit for all United States stocks is 100.0% higher than that of the company.
Ecrid Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ecrid's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ecrid could also be used in its relative valuation, which is a method of valuing Ecrid by comparing valuation metrics of similar companies.Ecrid is currently under evaluation in gross profit category among related companies.
Ecrid Fundamentals
| Return On Equity | -178.06 | |||
| Return On Asset | -9.59 | |||
| Current Valuation | 139.11 M | |||
| Shares Owned By Insiders | 84.45 % | |||
| EBITDA | (1.72 M) | |||
| Net Income | (1.72 M) | |||
| Cash And Equivalents | 63.3 K | |||
| Debt To Equity | 1.07 % | |||
| Current Ratio | 0.31 X | |||
| Cash Flow From Operations | (39.98 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 0.0262 | |||
| Market Capitalization | 97.56 K | |||
| Total Asset | 10.02 K | |||
| Net Asset | 10.02 K |
About Ecrid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ecrid Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecrid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecrid Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ecrid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ecrid's short interest history, or implied volatility extrapolated from Ecrid options trading.
Pair Trading with Ecrid
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ecrid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ecrid will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ecrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecrid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ecrid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ecrid Inc to buy it.
The correlation of Ecrid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ecrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecrid Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ecrid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecrid Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Ecrid Inc information on this page should be used as a complementary analysis to other Ecrid'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Ecrid Pink Sheet analysis
When running Ecrid's price analysis, check to measure Ecrid'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 Ecrid is operating at the current time. Most of Ecrid's value examination focuses on studying past and present price action to predict the probability of Ecrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecrid's price. Additionally, you may evaluate how the addition of Ecrid to your portfolios can decrease your overall portfolio volatility.
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