Eco Innovation Group Stock Probability of Future Pink Sheet Price Finishing Over 0.0
| ECOX Stock | USD 0.0001 0.00 0.00% |
Eco |
Eco Innovation Target Price Odds to finish over 0.0
The tendency of Eco Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 0.00 in 90 days |
| 0.0001 | 90 days | 0.00 | close to 99 |
Based on a normal probability distribution, the odds of Eco Innovation to stay above $ 0.00 in 90 days from now is close to 99 (This Eco Innovation Group probability density function shows the probability of Eco Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Eco Innovation Group price to stay between $ 0.00 and its current price of $1.0E-4 at the end of the 90-day period is about 56.98 .
Given the investment horizon of 90 days Eco Innovation has the beta coefficient that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and Eco Innovation do not appear to be sensitive. Additionally It does not look like Eco Innovation's alpha can have any bearing on the current valuation. Eco Innovation Price Density |
| Price |
Predictive Modules for Eco Innovation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eco Innovation Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Eco Innovation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eco Innovation is not an exception. The market had few large corrections towards the Eco Innovation's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eco Innovation Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eco Innovation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000017 | |
Ir | Information ratio | 0.00 |
Eco Innovation Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eco Innovation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eco Innovation Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eco Innovation Group is way too risky over 90 days horizon | |
| Eco Innovation Group has some characteristics of a very speculative penny stock | |
| Eco Innovation Group appears to be risky and price may revert if volatility continues | |
| Eco Innovation Group has high likelihood to experience some financial distress in the next 2 years | |
| Eco Innovation Group currently holds 758.45 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 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Innovation until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Innovation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eco Innovation Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Innovation's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 95.88 K. Net Loss for the year was (6.63 M) with profit before overhead, payroll, taxes, and interest of 43.4 K. | |
| Eco Innovation Group currently holds about 22.46 K in cash with (477.09 K) of positive cash flow from operations. | |
| Roughly 16.0% of Eco Innovation shares are held by company insiders |
Eco Innovation Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Eco Pink Sheet often depends not only on the future outlook of the current and potential Eco Innovation's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Eco Innovation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173 M | |
| Cash And Short Term Investments | 28.5 K |
Eco Innovation Technical Analysis
Eco Innovation's future price can be derived by breaking down and analyzing its technical indicators over time. Eco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eco Innovation Group. In general, you should focus on analyzing Eco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eco Innovation Predictive Forecast Models
Eco Innovation's time-series forecasting models is one of many Eco Innovation's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Eco Innovation's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Eco Innovation Group
Checking the ongoing alerts about Eco Innovation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eco Innovation Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eco Innovation Group is way too risky over 90 days horizon | |
| Eco Innovation Group has some characteristics of a very speculative penny stock | |
| Eco Innovation Group appears to be risky and price may revert if volatility continues | |
| Eco Innovation Group has high likelihood to experience some financial distress in the next 2 years | |
| Eco Innovation Group currently holds 758.45 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 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Innovation until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Innovation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eco Innovation Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Innovation's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 95.88 K. Net Loss for the year was (6.63 M) with profit before overhead, payroll, taxes, and interest of 43.4 K. | |
| Eco Innovation Group currently holds about 22.46 K in cash with (477.09 K) of positive cash flow from operations. | |
| Roughly 16.0% of Eco Innovation shares are held by company insiders |
Additional Tools for Eco Pink Sheet Analysis
When running Eco Innovation's 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 the 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.