Eco Oil Gas Stock Price on January 26, 2024
| ECAOF Stock | USD 0.14 0.01 7.69% |
If you're considering investing in Eco Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Eco Oil stands at 0.14, as last reported on the 12th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. At this point, Eco Oil is out of control. Eco Oil Gas secures Sharpe Ratio (or Efficiency) of 0.0219, which denotes the company had a 0.0219% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Eco Oil Gas, which you can use to evaluate the volatility of the firm. Please confirm Eco Oil's Downside Deviation of 11.06, coefficient of variation of 11928.83, and Mean Deviation of 4.31 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Eco Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Eco |
Sharpe Ratio = 0.0219
| Best Portfolio | Best Equity | |||
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| Small Returns | ECAOF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.46 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eco Oil is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eco Oil by adding it to a well-diversified portfolio.
Eco Oil Valuation on January 26, 2024
It is possible to determine the worth of Eco Oil on a given historical date. On January 26, 2024 Eco was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eco Oil pink sheet. Still, in general, we apply an absolute valuation method to find Eco Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eco Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eco Oil's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 3.00 | |
01/26/2024 | 0.13 | 0.13 | 0.13 | 0.13 | 1.00 |
| 0.13 | 0.13 | 0.13 | 0.13 | 1.00 |
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Eco Oil Trading Date Momentum on January 26, 2024
| On January 29 2024 Eco Oil Gas was traded for 0.13 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.13 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 did not affect price variability. The overall trading delta to current closing price is 15.38% . |
Eco Oil Gas Fundamentals Correlations and Trends
By evaluating Eco Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eco Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eco Oil Pink Sheet history
Eco Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eco Oil Gas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eco Oil stock prices may prove useful in developing a viable investing in Eco Oil
Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. Eco Atlantic is traded on OTC Exchange in the United States.
Eco Oil Pink Sheet Technical Analysis
Eco Oil technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Eco Oil Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Eco Oil Gas cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Eco Oil December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Eco Oil pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Oil shares will generate the highest return on investment. By undertsting and applying Eco Oil pink sheet market strength indicators, traders can identify Eco Oil Gas entry and exit signals to maximize returns
Eco Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eco Oil's price direction in advance. Along with the technical and fundamental analysis of Eco Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0151 | |||
| Jensen Alpha | 0.157 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.06) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Eco Pink Sheet analysis
When running Eco Oil's price analysis, check to measure Eco Oil'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 Oil is operating at the current time. Most of Eco Oil's value examination focuses on studying past and present price action to predict the probability of Eco Oil'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 Oil's price. Additionally, you may evaluate how the addition of Eco Oil to your portfolios can decrease your overall portfolio volatility.
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