Ecgi Holdings Return On Asset

ECGI
 Stock
  

USD 0.17  0.04  19.05%   

Ecgi Holdings fundamentals help investors to digest information that contributes to Ecgi Holdings' financial success or failures. It also enables traders to predict the movement of Ecgi Holdings OTC Stock. The fundamental analysis module provides a way to measure Ecgi Holdings' 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 Ecgi Holdings otc stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Ecgi Holdings Return On Asset Analysis

Ecgi Holdings' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Ecgi Holdings Return On Asset

    
  (133.97) %  
Most of Ecgi Holdings' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ecgi Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition

Based on the latest financial disclosure, Ecgi Holdings has a Return On Asset of -133.97%. This is much higher than that of the Healthcare sector and notably higher than that of the Medical Devices industry. The return on asset for all United States stocks is notably higher than that of the company.

Ecgi Holdings Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ecgi Holdings' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Ecgi Holdings could also be used in its relative valuation, which is a method of valuing Ecgi Holdings by comparing valuation metrics of similar companies.
Ecgi Holdings is currently under evaluation in return on asset category among related companies.

Ecgi Holdings Fundamentals

About Ecgi Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ecgi Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecgi Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecgi Holdings 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.
ECGI Holdings, Inc., through its subsidiary, operates in the cardiac medical device innovation, patient monitoring, and cardiac event prediction industry. The company was formerly known as Event Cardio Group Inc. and changed its name to ECGI Holdings, Inc. in August 2019. Ecgi Holdings operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 1 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ecgi Holdings without increasing your portfolio risk or giving up 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.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Pair Trading with Ecgi Holdings

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 Ecgi Holdings 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 Ecgi Holdings will appreciate offsetting losses from the drop in the long position's value.

Ecgi Holdings Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Ecgi Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecgi Holdings 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 Ecgi Holdings - 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 Ecgi Holdings to buy it.
The correlation of Ecgi Holdings is a statistical measure of how it moves in relation to other equities. 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 Ecgi Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecgi Holdings 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 Ecgi Holdings 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.
Pair CorrelationCorrelation Matching
Continue to Ecgi Holdings Piotroski F Score and Ecgi Holdings Altman Z Score analysis. Note that the Ecgi Holdings information on this page should be used as a complementary analysis to other Ecgi Holdings' 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Ecgi Holdings price analysis, check to measure Ecgi Holdings' 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 Ecgi Holdings is operating at the current time. Most of Ecgi Holdings' value examination focuses on studying past and present price action to predict the probability of Ecgi Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ecgi Holdings' price. Additionally, you may evaluate how the addition of Ecgi Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Ecgi Holdings' 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 Ecgi Holdings. If investors know Ecgi Holdings 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 Ecgi Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.7 M
Return On Assets
-0.2
The market value of Ecgi Holdings is measured differently than its book value, which is the value of Ecgi Holdings that is recorded on the company's balance sheet. Investors also form their own opinion of Ecgi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ecgi Holdings' 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 Ecgi Holdings' market value can be influenced by many factors that don't directly affect Ecgi Holdings' 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 Ecgi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Ecgi Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecgi Holdings' 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.