Ecologix Resource Group Stock Fundamentals
| EXRG Stock | USD 0.0001 0.00 0.00% |
EcoLogix Resource Group fundamentals help investors to digest information that contributes to EcoLogix Resource's financial success or failures. It also enables traders to predict the movement of EcoLogix Pink Sheet. The fundamental analysis module provides a way to measure EcoLogix Resource's 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 EcoLogix Resource pink sheet.
EcoLogix |
EcoLogix Resource Group Company Shares Outstanding Analysis
EcoLogix Resource's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current EcoLogix Resource Shares Outstanding | 571.03 M |
Most of EcoLogix Resource's fundamental indicators, such as Shares Outstanding, 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, EcoLogix Resource Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, EcoLogix Resource Group has 571.03 M of shares currently outstending. This is 7.04% lower than that of the Basic Materials sector and 255.94% higher than that of the Lumber & Wood Production industry. This indicator is about the same for all United States stocks average (which is currently at 5.7181967952E8).
EcoLogix Resource Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EcoLogix Resource's current stock value. Our valuation model uses many indicators to compare EcoLogix Resource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EcoLogix Resource competition to find correlations between indicators driving EcoLogix Resource's intrinsic value. More Info.EcoLogix Resource Group is one of the top stocks in return on asset category among related companies. It is one of the top stocks in operating margin category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value EcoLogix Resource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EcoLogix Resource's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EcoLogix Resource's earnings, one of the primary drivers of an investment's value.EcoLogix Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EcoLogix Resource's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of EcoLogix Resource could also be used in its relative valuation, which is a method of valuing EcoLogix Resource by comparing valuation metrics of similar companies.EcoLogix Resource is currently under evaluation in shares outstanding category among related companies.
EcoLogix Fundamentals
| Return On Asset | -0.46 | |||
| Operating Margin | (2.48) % | |||
| Current Valuation | 1.68 M | |||
| Shares Outstanding | 571.03 M | |||
| Price To Earning | (0.01) X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 128.29 K | |||
| Gross Profit | 128.29 K | |||
| EBITDA | (853.39 K) | |||
| Net Income | (3.63 M) | |||
| Cash And Equivalents | 26.01 K | |||
| Total Debt | 1.59 M | |||
| Book Value Per Share | (0.02) X | |||
| Cash Flow From Operations | (1.13 M) | |||
| Earnings Per Share | (0.02) X | |||
| Number Of Employees | 35 | |||
| Beta | -33.65 | |||
| Market Capitalization | 1.14 K | |||
| Total Asset | 2.18 M | |||
| Retained Earnings | (10.14 M) | |||
| Working Capital | (11.31 M) | |||
| Current Asset | 26 K | |||
| Current Liabilities | 11.34 M | |||
| Z Score | -11.6 | |||
| Net Asset | 2.18 M |
About EcoLogix Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EcoLogix Resource Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoLogix Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoLogix Resource Group 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.Ecologix Resource Group, Inc., a natural resource company, focuses on harvesting and marketing timber. Ecologix Resource Group, Inc. was founded in 2007 and is based in Beverly Hills, California. Ecologix Resource operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 35 people.
Pair Trading with EcoLogix Resource
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 EcoLogix Resource 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 EcoLogix Resource will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EcoLogix Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoLogix Resource 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 EcoLogix Resource - 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 EcoLogix Resource Group to buy it.
The correlation of EcoLogix Resource 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 EcoLogix Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoLogix Resource 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 EcoLogix Resource 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 EcoLogix Resource Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for EcoLogix Pink Sheet analysis
When running EcoLogix Resource's price analysis, check to measure EcoLogix Resource'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 EcoLogix Resource is operating at the current time. Most of EcoLogix Resource's value examination focuses on studying past and present price action to predict the probability of EcoLogix Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EcoLogix Resource's price. Additionally, you may evaluate how the addition of EcoLogix Resource to your portfolios can decrease your overall portfolio volatility.
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