Ecoplus Piotroski F Score

ECPL -  USA Stock  

USD 0.000001  0.000299  99.67%

This module uses fundamental data of Ecoplus to approximate its Piotroski F score. Ecoplus F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ecoplus. 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 Ecoplus financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Ecoplus Altman Z Score, Ecoplus Correlation, Ecoplus Valuation, as well as analyze Ecoplus Alpha and Beta and Ecoplus Hype Analysis.

Ecoplus Piotroski F Score 

 
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At this time, it appears that Ecoplus' 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..
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Piotroski F Score - Unavailable
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Ecoplus Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Ecoplus is to make sure Ecoplus is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ecoplus' 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 Ecoplus' financial numbers are properly reported.

About Ecoplus 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 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.
EcoPlus Inc. provides a solution for managing fats, oils, and grease from food service establishments and food processors. The company was founded in 2004 and is based in Huntersville, North Carolina. Ecoplus operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 3 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ecoplus 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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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.

Ecoplus Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Ecoplus and Waste Management. 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
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Continue to Ecoplus Altman Z Score, Ecoplus Correlation, Ecoplus Valuation, as well as analyze Ecoplus Alpha and Beta and Ecoplus Hype Analysis. Note that the Ecoplus information on this page should be used as a complementary analysis to other Ecoplus' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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 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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Is Ecoplus' 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 Ecoplus. If investors know Ecoplus 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 Ecoplus 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 Ecoplus is measured differently than its book value, which is the value of Ecoplus that is recorded on the company's balance sheet. Investors also form their own opinion of Ecoplus' value that differs from its market value or its book value, called intrinsic value, which is Ecoplus' 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 Ecoplus' market value can be influenced by many factors that don't directly affect Ecoplus' 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 Ecoplus' value and its price as these two are different measures arrived at by different means. Investors typically determine Ecoplus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecoplus' 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.