Eco Depot Total Asset vs. Return On Asset

ECDP Stock  USD 0.13  0.03  18.75%   
Based on Eco Depot's profitability indicators, Eco Depot may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Eco Depot's ability to earn profits and add value for shareholders.
For Eco Depot profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eco Depot to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eco Depot utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eco Depot's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eco Depot over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Eco Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Depot's 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.

Eco Depot Return On Asset vs. Total Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eco Depot's current stock value. Our valuation model uses many indicators to compare Eco Depot value to that of its competitors to determine the firm's financial worth.
Eco Depot is one of the top stocks in total asset category among related companies. It is one of the top stocks in return on asset category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eco Depot by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eco Depot'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 Eco Depot's earnings, one of the primary drivers of an investment's value.

Eco Return On Asset vs. Total Asset

Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Eco Depot

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
32.48 K
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.

Eco Depot

Return On Asset

 = 

Net Income

Total Assets

 = 
-4.68
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.

Eco Return On Asset Comparison

Eco Depot is currently under evaluation in return on asset category among related companies.

Eco Depot Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eco Depot, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eco Depot will eventually generate negative long term returns. The profitability progress is the general direction of Eco Depot's change in net profit over the period of time. It can combine multiple indicators of Eco Depot, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eco Depot Inc., a development stage company, focuses on the distribution of environmental friendly and green energy products, building and construction materials, and home products worldwide. Eco Depot Inc. was founded in 2004 and is headquartered in Pensacola, Florida. Eco Depot operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 5 people.

Eco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eco Depot. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eco Depot position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eco Depot's important profitability drivers and their relationship over time.

Use Eco Depot in pair-trading

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

Eco Depot Pair Trading

Eco Depot Pair Trading Analysis

The ability to find closely correlated positions to Eco Depot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eco Depot 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 Eco Depot - 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 Eco Depot to buy it.
The correlation of Eco Depot is a statistical measure of how it moves in relation to other equities. 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 Eco Depot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eco Depot 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 Eco Depot 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Eco Depot position

In addition to having Eco Depot in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Note that the Eco Depot information on this page should be used as a complementary analysis to other Eco Depot'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Eco Depot's price analysis, check to measure Eco Depot'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 Eco Depot is operating at the current time. Most of Eco Depot's value examination focuses on studying past and present price action to predict the probability of Eco Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Depot's price. Additionally, you may evaluate how the addition of Eco Depot to your portfolios can decrease your overall portfolio volatility.
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To fully project Eco Depot's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eco Depot at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eco Depot's income statement, its balance sheet, and the statement of cash flows.
Potential Eco Depot investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eco Depot investors may work on each financial statement separately, they are all related. The changes in Eco Depot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eco Depot's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.