Eco Market Capitalization from 2010 to 2024

WAVE Stock  USD 10.09  0.85  9.20%   
Eco Wave's Market Cap is decreasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 6.5 M.
Check Eco Wave financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eco Wave's main balance sheet or income statement drivers, such as Interest Expense of 28.3 K, Selling General Administrative of 1.7 M or Total Revenue of 290.7 K, as well as many indicators such as Price To Sales Ratio of 21.36, Dividend Yield of 0.0 or PTB Ratio of 0.91. Eco financial statements analysis is a perfect complement when working with Eco Wave Valuation or Volatility modules.
  
Check out the analysis of Eco Wave Correlation against competitors.

Latest Eco Wave's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Eco Wave Power over the last few years. It is Eco Wave's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eco Wave's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 55.99 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Eco Market Capitalization Regression Statistics

Arithmetic Mean320,550,734
Geometric Mean163,248,012
Coefficient Of Variation60.18
Mean Deviation164,107,333
Median436,138,743
Standard Deviation192,908,195
Sample Variance37213.6T
Range467.3M
R-Value(0.79)
Mean Square Error15269.2T
R-Squared0.62
Significance0.0005
Slope(33,937,473)
Total Sum of Squares520990T

Eco Market Capitalization History

20246.5 M
20236.9 M
202216.5 M
202121.5 M
2020392.3 M
2019401.6 M
2018473.9 M

About Eco Wave Financial Statements

Eco Wave stakeholders use historical fundamental indicators, such as Eco Wave's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Eco Wave investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eco Wave's assets and liabilities are reflected in the revenues and expenses on Eco Wave's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eco Wave Power. Please read more on our technical analysis and fundamental analysis pages.
Eco Wave Power Global AB , a wave energy company, engages in the development of a wave energy conversion technology that converts ocean and sea waves into clean electricity. Eco Wave Power Global AB was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. Eco Wave is traded on NASDAQ Exchange in the United States.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports:
Check out the analysis of Eco Wave Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Wave. If investors know Eco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
0.055
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.15)
Return On Equity
(0.27)
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave'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 Wave's market value can be influenced by many factors that don't directly affect Eco Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave'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.