Ecrid Inc Stock Performance
| ECDD Stock | USD 0.0003 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Ecrid are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Ecrid Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Ecrid is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Free Cash Flow | -40 K |
Ecrid |
Ecrid Relative Risk vs. Return Landscape
If you would invest 0.03 in Ecrid Inc on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Ecrid Inc or generate 0.0% return on investment over 90 days. Ecrid Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Ecrid, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ecrid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecrid's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Ecrid Inc, and traders can use it to determine the average amount a Ecrid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ECDD |
Based on monthly moving average Ecrid is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ecrid by adding Ecrid to a well-diversified portfolio.
Ecrid Fundamentals Growth
Ecrid Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Ecrid, and Ecrid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ecrid Pink Sheet performance.
| Return On Equity | -178.06 | |||
| Return On Asset | -9.59 | |||
| Current Valuation | 139.11 M | |||
| EBITDA | (1.72 M) | |||
| Cash And Equivalents | 63.3 K | |||
| Debt To Equity | 1.07 % | |||
| Cash Flow From Operations | (39.98 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 10.02 K | |||
About Ecrid Performance
To evaluate Ecrid Inc Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ecrid generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ecrid Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ecrid Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ecrid's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Ecrid, Inc. provides products and services within the credit repair community. Ecrid, Inc. was incorporated in 2010 and is based in Stuart, Florida. Ecrid operates under Credit Services classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Ecrid Inc performance evaluation
Checking the ongoing alerts about Ecrid for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Ecrid Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ecrid Inc generated a negative expected return over the last 90 days | |
| Ecrid Inc has some characteristics of a very speculative penny stock | |
| Ecrid Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ecrid until it has trouble settling it off, either with new capital or with free cash flow. So, Ecrid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ecrid Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ecrid to invest in growth at high rates of return. When we think about Ecrid's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ecrid Inc currently holds about 63.3 K in cash with (39.98 K) of positive cash flow from operations. | |
| Roughly 84.0% of the company shares are held by company insiders |
- Analyzing Ecrid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ecrid's stock is overvalued or undervalued compared to its peers.
- Examining Ecrid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ecrid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ecrid's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ecrid's pink sheet. These opinions can provide insight into Ecrid's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecrid Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Ecrid Inc information on this page should be used as a complementary analysis to other Ecrid'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 the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Ecrid Pink Sheet analysis
When running Ecrid's price analysis, check to measure Ecrid'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 Ecrid is operating at the current time. Most of Ecrid's value examination focuses on studying past and present price action to predict the probability of Ecrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecrid's price. Additionally, you may evaluate how the addition of Ecrid to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |