We urge to utilize Eco Atlantic Oil fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Eco Atlantic Oil is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate thirty available fundamental indicators for Eco Atlantic Oil, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Eco Atlantic to be traded at C$0.171 in 90 days. Key indicators impacting Eco Atlantic's financial strength include:
Understanding current and past Eco Atlantic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eco Atlantic's financial statements are interrelated, with each one affecting the others. For example, an increase in Eco Atlantic's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Eco Atlantic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eco Atlantic Oil. Check Eco Atlantic's Beneish M Score to see the likelihood of Eco Atlantic's management manipulating its earnings.
Eco Atlantic Stock Summary
Eco Atlantic competes with Yangarra Resources, and Pine Cliff. Eco Oil Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. ECO ATLANTIC operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Eco Atlantic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eco Stock, because this is throwing your money away. Analyzing the key information contained in Eco Atlantic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Eco Atlantic Key Financial Ratios
There are many critical financial ratios that Eco Atlantic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eco Atlantic Oil reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Eco Atlantic's current stock value. Our valuation model uses many indicators to compare Eco Atlantic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eco Atlantic competition to find correlations between indicators driving Eco Atlantic's intrinsic value. More Info.
Eco Atlantic Oil is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . At this time, Eco Atlantic's Return On Equity is fairly stable compared to the past year. 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 Atlantic's earnings, one of the primary drivers of an investment's value.
Eco Atlantic Oil Systematic Risk
Eco Atlantic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eco Atlantic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Eco Atlantic Oil correlated with the market. If Beta is less than 0 Eco Atlantic generally moves in the opposite direction as compared to the market. If Eco Atlantic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eco Atlantic Oil is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eco Atlantic is generally in the same direction as the market. If Beta > 1 Eco Atlantic moves generally in the same direction as, but more than the movement of the benchmark.
Eco Atlantic Oil Total Assets Over Time
Today, most investors in Eco Atlantic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eco Atlantic's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eco Atlantic growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Eco Atlantic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eco Atlantic Oil. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eco Atlantic Oil based on widely used predictive technical indicators. In general, we focus on analyzing Eco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eco Atlantic's daily price indicators and compare them against related drivers.
When running Eco Atlantic's price analysis, check to measure Eco Atlantic'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 Atlantic is operating at the current time. Most of Eco Atlantic's value examination focuses on studying past and present price action to predict the probability of Eco Atlantic'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 Atlantic's price. Additionally, you may evaluate how the addition of Eco Atlantic to your portfolios can decrease your overall portfolio volatility.