Eco Depot Piotroski F Score

ECDP -  USA Stock  

USD 0.44  0.01  2.22%

This module uses fundamental data of Eco Depot to approximate its Piotroski F score. Eco Depot F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Eco Depot. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Eco Depot financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Eco Depot Altman Z Score, Eco Depot Correlation, Eco Depot Valuation, as well as analyze Eco Depot Alpha and Beta and Eco Depot Hype Analysis.

Eco Depot Piotroski F Score 

 
Refresh
At this time, it appears that Eco Depot's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
0.0
Piotroski F Score - Unavailable
1
Current Return On Assets
N/A
2
Change in Return on Assets
N/A
3
Cash Flow Return on Assets
N/A
4
Current Quality of Earnings (accrual)
N/A
5
Asset Turnover Growth
N/A
6
Current Ratio Change
N/A
7
Long Term Debt Over Assets Change
N/A
8
Change In Outstending Shares
N/A
9
Change in Gross Margin
N/A

Eco Depot Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Eco Depot is to make sure Eco Depot is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Eco Depot's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Eco Depot's financial numbers are properly reported.

About Eco Depot Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

About Eco Depot Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eco Depot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Depot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Depot 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.
Eco Depot Inc., a development stage company, focuses on the distribution of environmental friendly and green energy products, building and construction materials, and home products worldwide. Eco Depot Inc. was founded in 2004 and is headquartered in Pensacola, Florida. Eco Depot operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 5 people.

Eco Depot Investors Sentiment

The influence of Eco Depot's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eco Depot. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Eco Depot 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, Eco Depot's short interest history, or implied volatility extrapolated from Eco Depot options trading.

Current Sentiment - ECDP

Eco Depot Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Eco Depot. What is your opinion about investing in Eco Depot? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Pair Trading with Eco Depot

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 Eco Depot 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 Eco Depot will appreciate offsetting losses from the drop in the long position's value.

Eco Depot Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eco Depot and Henderson Land Dev. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Eco Depot Altman Z Score, Eco Depot Correlation, Eco Depot Valuation, as well as analyze Eco Depot Alpha and Beta and Eco Depot Hype Analysis. 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Eco Depot OTC Stock analysis

When running Eco Depot 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 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.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Is Eco Depot'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 Eco Depot. If investors know Eco Depot 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 Eco Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eco Depot is measured differently than its book value, which is the value of Eco Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Depot's value that differs from its market value or its book value, called intrinsic value, which is Eco Depot'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 Eco Depot's market value can be influenced by many factors that don't directly affect Eco Depot'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 Eco Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Eco Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Depot'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.