ECOPLUS Return On Asset

ECPL -  USA Stock  

USD 0.0003  0.00  0.00%

ECOPLUS INC fundamentals help investors to digest information that contributes to ECOPLUS INC's financial success or failures. It also enables traders to predict the movement of ECOPLUS Stock. This fundamental analysis module provides a way for investors to measures ECOPLUS INC's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ECOPLUS INC stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ECOPLUS Return On Asset 

 
Refresh

ECOPLUS Return On Asset Analysis

ECOPLUS INC's 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 ECOPLUS INC Return On Asset

    
  (146.63) %  
Most of ECOPLUS INC's 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, ECOPLUS INC 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, ECOPLUS INC has a Return On Asset of -146.63%. This is much higher than that of the Industrials sector and notably higher than that of the Waste Management industry. The return on asset for all United States stocks is notably higher than that of the company.

ECOPLUS Return On Asset Peer Comparison

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

ECOPLUS Fundamentals

About ECOPLUS INC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ECOPLUS INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ECOPLUS INC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ECOPLUS 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.
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.

ECOPLUS INC Investors Sentiment

The influence of ECOPLUS INC'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 ECOPLUS. 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 ECOPLUS INC 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 INC's short interest history, or implied volatility extrapolated from ECOPLUS INC options trading.

Current Sentiment - ECPL

ECOPLUS INC Investor Sentiment

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

Pair Trading with ECOPLUS INC

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

ECOPLUS INC Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for ECOPLUS INC 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
Run Pair Correlation  
Continue to ECOPLUS INC Piotroski F Score and ECOPLUS INC Altman Z Score analysis. Note that the ECOPLUS INC information on this page should be used as a complementary analysis to other ECOPLUS INC'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Other Tools for ECOPLUS Stock

When running ECOPLUS INC price analysis, check to measure ECOPLUS INC'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 ECOPLUS INC is operating at the current time. Most of ECOPLUS INC's value examination focuses on studying past and present price action to predict the probability of ECOPLUS INC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ECOPLUS INC's price. Additionally, you may evaluate how the addition of ECOPLUS INC to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go