Eco Innovation Profitability Analysis

ECOX -  USA Stock  

USD 0.0221  0.0019  7.92%

For Eco Innovation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eco Innovation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eco Innovation Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eco Innovation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eco Innovation Group over time as well as its relative position and ranking within its peers. Continue to Investing Opportunities.

Eco Innovation Current Profitability Trends 

 
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The market value of Eco Innovation Group is measured differently than its book value, which is the value of Eco Innovation that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Innovation's value that differs from its market value or its book value, called intrinsic value, which is Eco Innovation's 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 Eco Innovation's market value can be influenced by many factors that don't directly affect Eco Innovation Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine Eco Innovation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Innovation'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 Innovation Group Earnings Per Share vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eco Innovation's current stock value. Our valuation model uses many indicators to compare Eco Innovation value to that of its competitors to determine the firm's financial worth.
Eco Innovation Group is rated # 2 in current valuation category among related companies. It is rated # 2 in earnings per share category among related companies .

Eco Innovation Current Valuation vs. Competition

Eco Innovation Group is rated # 2 in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 26.7 Billion. Eco Innovation adds roughly 4.95 Million in current valuation claiming only tiny portion of equities under Drug Manufacturers—Specialty & Generic industry.

Eco Innovation Earnings Per Share vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Eco Innovation 
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
4.95 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Eco Innovation 
Earnings per Share 
 = 
Earnings 
Average Shares 
(0.03) X
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

Eco Innovation Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eco Innovation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eco Innovation will eventually generate negative long term returns. The profitability progress is the general direction of Eco Innovation's change in net profit over the period of time. It can combine multiple indicators of Eco Innovation, 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 Innovation Group, Inc. focuses on the development of power booster for home and office applications that will reduce electric bills. Eco Innovation operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.

Eco Innovation Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eco Innovation. 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 Innovation 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 Innovation's important profitability drivers and their relationship over time.

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

Eco Innovation Pair Trading

Eco Innovation Group Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eco Innovation and Catalent. 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
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Use Investing Themes to Complement your Eco Innovation position

In addition to having Eco Innovation 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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Small Growth
Small Growth Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. Small Growth theme has 40 constituents.
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Continue to Investing Opportunities. Note that the Eco Innovation Group information on this page should be used as a complementary analysis to other Eco Innovation'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Eco Innovation Group price analysis, check to measure Eco Innovation'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 Innovation is operating at the current time. Most of Eco Innovation's value examination focuses on studying past and present price action to predict the probability of Eco Innovation's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eco Innovation's price. Additionally, you may evaluate how the addition of Eco Innovation to your portfolios can decrease your overall portfolio volatility.
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To fully project Eco Innovation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eco Innovation Group 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 Innovation's income statement, its balance sheet, and the statement of cash flows.
Potential Eco Innovation investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eco Innovation investors may work on each financial statement separately, they are all related. The changes in Eco Innovation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eco Innovation'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.