Ecosynthetix Stock Price on June 4, 2024
| ECO Stock | CAD 3.96 0.11 2.86% |
Below is the normalized historical share price chart for EcoSynthetix extending back to August 04, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EcoSynthetix stands at 3.96, as last reported on the 11th of December 2024, with the highest price reaching 3.96 and the lowest price hitting 3.80 during the day.
If you're considering investing in EcoSynthetix Stock, it is important to understand the factors that can impact its price. EcoSynthetix secures Sharpe Ratio (or Efficiency) of -0.0212, which denotes the company had a -0.0212% return per unit of risk over the last 3 months. EcoSynthetix exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EcoSynthetix's Downside Deviation of 2.1, mean deviation of 1.57, and Coefficient Of Variation of 21114.92 to check the risk estimate we provide.
At this time, EcoSynthetix's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 56.6 M, while Common Stock Shares Outstanding is likely to drop about 56.5 M. . At this time, EcoSynthetix's Price Fair Value is very stable compared to the past year. EcoSynthetix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.4364 | 50 Day MA 4.2022 | Beta 0.86 |
EcoSynthetix |
Sharpe Ratio = -0.0212
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| Negative Returns | ECO |
Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EcoSynthetix is not performing at its full potential. However, 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 EcoSynthetix by adding EcoSynthetix to a well-diversified portfolio.
Price Book 4.0214 | Enterprise Value Ebitda (77.51) | Price Sales 14.5532 | Shares Float 49.6 M | Wall Street Target Price 8.39 |
EcoSynthetix Valuation on June 4, 2024
It is possible to determine the worth of EcoSynthetix on a given historical date. On June 4, 2024 EcoSynthetix was worth 4.4 at the beginning of the trading date compared to the closed value of 4.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EcoSynthetix stock. Still, in general, we apply an absolute valuation method to find EcoSynthetix'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 EcoSynthetix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EcoSynthetix's related companies.
| Open | High | Low | Close | Volume | |
| 4.46 | 4.46 | 4.34 | 4.35 | 4,000 | |
06/04/2024 | 4.40 | 4.62 | 4.40 | 4.55 | 217,200 |
| 4.56 | 4.59 | 4.50 | 4.58 | 34,000 |
| Backtest EcoSynthetix | | | EcoSynthetix History | | | EcoSynthetix Valuation | Previous | Next |
EcoSynthetix Trading Date Momentum on June 4, 2024
| On June 05 2024 EcoSynthetix was traded for 4.58 at the closing time. The maximum traded price for the trading interval was 4.59 and the lowest daily price was 4.50 . The daily volume was recorded at 34 K. The volume of trading on 5th of June 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.66% . The overall trading delta to the closing price today is 2.20% . |
EcoSynthetix Fundamentals Correlations and Trends
By evaluating EcoSynthetix'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 EcoSynthetix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EcoSynthetix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EcoSynthetix Stock history
EcoSynthetix 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 EcoSynthetix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EcoSynthetix 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 EcoSynthetix stock prices may prove useful in developing a viable investing in EcoSynthetix
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.9 M | 56.5 M | |
| Net Loss | -2.7 M | -2.9 M |
EcoSynthetix Quarterly Net Working Capital |
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EcoSynthetix Stock Technical Analysis
EcoSynthetix technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
EcoSynthetix Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
EcoSynthetix cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
EcoSynthetix December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how EcoSynthetix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EcoSynthetix shares will generate the highest return on investment. By undertsting and applying EcoSynthetix stock market strength indicators, traders can identify EcoSynthetix entry and exit signals to maximize returns
EcoSynthetix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EcoSynthetix's price direction in advance. Along with the technical and fundamental analysis of EcoSynthetix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EcoSynthetix 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 | 0.0099 | |||
| Jensen Alpha | 0.0856 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 2.0E-4 |
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Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.