Ecoplus Stock Book Value Per Share
| ECPL Stock | USD 0.02 0.00 0.00% |
EcoPlus fundamentals help investors to digest information that contributes to EcoPlus' financial success or failures. It also enables traders to predict the movement of EcoPlus Pink Sheet. The fundamental analysis module provides a way to measure EcoPlus' 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 EcoPlus pink sheet.
EcoPlus |
EcoPlus Company Book Value Per Share Analysis
EcoPlus' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current EcoPlus Book Value Per Share | (0.18) X |
Most of EcoPlus' fundamental indicators, such as Book Value Per Share, 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, EcoPlus is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of EcoPlus is about -0.179 times. This is 100.0% lower than that of the Industrials sector and 101.82% lower than that of the Waste Management industry. The book value per share for all United States stocks is 100.01% higher than that of the company.
EcoPlus Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EcoPlus' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of EcoPlus could also be used in its relative valuation, which is a method of valuing EcoPlus by comparing valuation metrics of similar companies.EcoPlus is currently under evaluation in book value per share category among related companies.
EcoPlus Fundamentals
| Return On Asset | -1.47 | |||
| Current Valuation | 994.68 K | |||
| Shares Outstanding | 4.04 B | |||
| Revenue | 21 K | |||
| Gross Profit | 21 K | |||
| EBITDA | (2.36 M) | |||
| Net Income | (2.64 M) | |||
| Cash And Equivalents | 1.51 K | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (0.18) X | |||
| Cash Flow From Operations | (159.01 K) | |||
| Earnings Per Share | (0.14) X | |||
| Beta | -55.77 | |||
| Market Capitalization | 84.93 M | |||
| Total Asset | 205.34 K | |||
| Z Score | -36.3 | |||
| Net Asset | 205.34 K |
About EcoPlus Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EcoPlus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoPlus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoPlus 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 EcoPlus 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, EcoPlus' short interest history, or implied volatility extrapolated from EcoPlus options trading.
Pair Trading with EcoPlus
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 EcoPlus 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 EcoPlus will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EcoPlus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoPlus 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 EcoPlus - 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 EcoPlus to buy it.
The correlation of EcoPlus 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 EcoPlus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoPlus 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 EcoPlus 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 EcoPlus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for EcoPlus Pink Sheet analysis
When running EcoPlus' price analysis, check to measure EcoPlus' 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 EcoPlus is operating at the current time. Most of EcoPlus' value examination focuses on studying past and present price action to predict the probability of EcoPlus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EcoPlus' price. Additionally, you may evaluate how the addition of EcoPlus to your portfolios can decrease your overall portfolio volatility.
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