Ecoplus Z Score

ECPL -  USA Stock  

USD 0.000001  0.000299  99.67%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Continue to Ecoplus Piotroski F Score and Ecoplus Valuation analysis.

Ecoplus Z Score 

 
Refresh

Ecoplus Z Score Analysis

Ecoplus' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Ecoplus has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Waste Management industry. The z score for all United States stocks is 100.0% higher than that of the company.

Ecoplus Z Score 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 Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks 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 z score category among related companies.

Ecoplus Fundamentals

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.

Ecoplus Investors Sentiment

The influence of Ecoplus' 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 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.

Current Sentiment - ECPL

Ecoplus Investor Sentiment

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

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
Run Pair Correlation  
Continue to Ecoplus Piotroski F Score and Ecoplus Valuation 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Ecoplus OTC Stock 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 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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
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.