Earthworks Stock Today

EWK Stock  CAD 0.17  0.00  0.00%   
Market Performance
4 of 100
Odds Of Distress
Over 55
Earthworks Industries is selling for under 0.17 as of the 5th of February 2023; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.17. Earthworks Industries has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Earthworks Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of February 2021 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
November
Category
Industrials
ISIN
CA27032K1003
Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors. The company was founded in 1993 and is headquartered in Vancouver, Canada. Earthworks Industries operates under Waste Management classification in Canada and is traded on TSX Venture Exchange.. The company has 94.31 M outstanding shares of which 10 K shares are currently shorted by private and institutional investors with about 0.84 days to cover all short positions. More on Earthworks Industries
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Earthworks Industries 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. Earthworks Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Earthworks Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanDavid Atkinson
Macroaxis Advice
The 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 Earthworks Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Earthworks Industries (EWK) is traded on TSX Venture Exchange in Canada and employs 7 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Earthworks Industries's market, we take the total number of its shares issued and multiply it by Earthworks Industries'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 those looking for more risk prefer small-cap and mid-cap equities. Earthworks Industries classifies itself under Industrials sector and is part of Waste Management industry. The entity has 94.31 M outstanding shares of which 10 K shares are currently shorted by private and institutional investors with about 0.84 days to cover all short positions. Earthworks Industries has accumulated about 120.29 K in cash with (553.32 K) of positive cash flow from operations.
Check Earthworks Industries Probability Of Bankruptcy
Ownership
Earthworks Industries holds a total of ninety-four million three hundred ten thousand eight hundred outstanding shares. Earthworks Industries retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Earthworks Ownership Details

Earthworks Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Earthworks Industries jumping above the current price in 90 days from now is about 50.0%. The Earthworks Industries probability density function shows the probability of Earthworks Industries stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Earthworks Industries has a beta of -1.632 suggesting as returns on its benchmark rise, returns on holding Earthworks Industries are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Earthworks Industries is expected to outperform its benchmark. Additionally, the company has an alpha of 0.4622, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.17HorizonTargetOdds Above 0.17
49.85%90 days
 0.17 
50.00%
Based on a normal probability distribution, the odds of Earthworks Industries to move above the current price in 90 days from now is about 50.0 (This Earthworks Industries probability density function shows the probability of Earthworks Stock to fall within a particular range of prices over 90 days) .

Earthworks Industries Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Earthworks Industries market risk premium is the additional return an investor will receive from holding Earthworks Industries 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 Earthworks Industries. 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 Earthworks Industries' alpha and beta are two of the key measurements used to evaluate Earthworks Industries' performance over the market, the standard measures of volatility play an important role as well.

Earthworks Stock Against Markets

Picking the right benchmark for Earthworks Industries 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 Earthworks Industries 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 Earthworks Industries is critical whether you are bullish or bearish towards Earthworks Industries at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Earthworks Industries without increasing your portfolio risk or giving up the 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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Invested in Earthworks Industries?

The danger of trading Earthworks Industries is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Earthworks Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Earthworks Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Earthworks Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Earthworks Industries price analysis, check to measure Earthworks Industries' 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 Earthworks Industries is operating at the current time. Most of Earthworks Industries' value examination focuses on studying past and present price action to predict the probability of Earthworks Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Earthworks Industries' price. Additionally, you may evaluate how the addition of Earthworks Industries to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Earthworks Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Earthworks Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Earthworks Industries' 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.