Ecologix Resource Group Stock Net Income
| 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 Net Income Analysis
EcoLogix Resource's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current EcoLogix Resource Net Income | (3.63 M) |
Most of EcoLogix Resource's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, EcoLogix Resource Group reported net income of (3.63 Million). This is 69.83% lower than that of the Basic Materials sector and 101.37% lower than that of the Lumber & Wood Production industry. The net income for all United States stocks is 100.64% higher than that of the company.
EcoLogix Net Income 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 Net Income 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 net income 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.
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.Moving against EcoLogix Pink Sheet
| 1.0 | SNCF | Sanarco Funds | PairCorr |
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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