Eco Innovation OTC Stock Today

ECOX -  USA Stock  

USD 0.0221  0.0019  7.92%

Eco Innovation is trading at 0.0221 as of the 18th of October 2021; that is -7.92 percent down since the beginning of the trading day. The stock's open price was 0.024. Eco Innovation has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Eco Innovation Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2019 and ending today, the 18th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 77
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.. The company has 4.83 M outstanding shares. More on Eco Innovation Group
Follow Valuation Odds of Bankruptcy
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Eco Innovation OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Eco Innovation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eco Innovation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Eco Innovation Group has very high historical volatility over the last 90 days
Eco Innovation Group has some characteristics of a very speculative penny stock
Eco Innovation Group has high likelihood to experience some financial distress in the next 2 years
The company currently holds 126.71 K in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Eco Innovation Group has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 100 K. Net Loss for the year was (2.53 M) with loss before overhead, payroll, taxes, and interest of (757.08 K).
Eco Innovation Group currently holds about 733 in cash with (274.88 K) of positive cash flow from operations.
Roughly 68.0% of Eco Innovation shares are held by company insiders
Latest headline from Eco Innovation ECOX Signs Binding Agreements to Open Engineering and Construction Firm to Drive Canadian PoolCooled Commercial Launch -
Legal NameEco Innovation Group
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Eco Innovation's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Eco Innovation Group [ECOX] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 115.94 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eco Innovation's market, we take the total number of its shares issued and multiply it by Eco Innovation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Eco Innovation Group conducts business under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 4.83 M outstanding shares. Eco Innovation Group currently holds about 733 in cash with (274.88 K) of positive cash flow from operations.
Check Eco Innovation Probability Of Bankruptcy
Eco Innovation Group shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 67.93 percent of Eco Innovation Group outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event.

Ownership Allocation (%)

Check Eco Innovation Ownership Details

Eco Innovation Stock Price Odds Analysis

What are Eco Innovation's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Eco Innovation jumping above the current price in 90 days from now is about 88.55%. The Eco Innovation Group probability density function shows the probability of Eco Innovation otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Eco Innovation has a beta of 0.1516 suggesting as returns on the market go up, Eco Innovation average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eco Innovation Group will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eco Innovation Group is significantly underperforming DOW.
 Odds Down 0.0221HorizonTargetOdds Up 0.0221 
11.40%90 days
Based on a normal probability distribution, the odds of Eco Innovation to move above the current price in 90 days from now is about 88.55 (This Eco Innovation Group probability density function shows the probability of Eco Innovation OTC Stock to fall within a particular range of prices over 90 days) .

Eco Innovation Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eco Innovation market risk premium is the additional return an investor will receive from holding Eco Innovation long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eco Innovation. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eco Innovation's alpha and beta are two of the key measurements used to evaluate Eco Innovation's performance over the market, the standard measures of volatility play an important role as well.

Eco Innovation Stock Against Markets

Picking the right benchmark for Eco Innovation otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eco Innovation otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eco Innovation is critical whether you are bullish or bearish towards Eco Innovation Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eco Innovation without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 CEO Directory module to screen CEOs from public companies around the world.

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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.