Ecofibre (Australia) Price on September 24, 2024
| EOF Stock | 0.04 0 5.00% |
Below is the normalized historical share price chart for Ecofibre extending back to March 29, 2019. 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 Ecofibre stands at 0.04, as last reported on the 23rd of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Ecofibre Stock, it is important to understand the factors that can impact its price. Ecofibre appears to be out of control, given 3 months investment horizon. Ecofibre secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. By reviewing Ecofibre's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Ecofibre's Downside Deviation of 9.38, mean deviation of 6.01, and Coefficient Of Variation of 950.15 to check if our risk estimates are consistent with your expectations.
At this time, Ecofibre's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 77.5 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 65.2 M in 2024. . Ecofibre Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0531 | 50 Day MA 0.039 | Beta 1.301 |
Ecofibre |
Sharpe Ratio = 0.1006
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.74 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ecofibre is performing at about 7% 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 Ecofibre by adding it to a well-diversified portfolio.
Price Book 0.3982 | Enterprise Value Ebitda (1.23) | Price Sales 0.5686 | Shares Float 113.5 M | Wall Street Target Price 1.9 |
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Ecofibre Valuation on September 24, 2024
It is possible to determine the worth of Ecofibre on a given historical date. On September 24, 2024 Ecofibre was worth 0.032 at the beginning of the trading date compared to the closed value of 0.032. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecofibre stock. Still, in general, we apply an absolute valuation method to find Ecofibre'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 Ecofibre where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecofibre's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 81,850 | |
09/24/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 54,835 |
| 0.04 | 0.06 | 0.04 | 0.04 | 1,836,458 |
| Backtest Ecofibre | | | Ecofibre History | | | Ecofibre Valuation | Previous | Next |
Ecofibre Trading Date Momentum on September 24, 2024
| On September 25 2024 Ecofibre was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.04 . The daily volume was recorded at 1.8 M. The volume of trading on 25th of September 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 9.38% . The overall trading delta to the closing price today is 9.38% . |
Ecofibre Fundamentals Correlations and Trends
By evaluating Ecofibre'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 Ecofibre's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecofibre financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ecofibre Stock history
Ecofibre 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 Ecofibre is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecofibre 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 Ecofibre stock prices may prove useful in developing a viable investing in Ecofibre
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 360.3 M | 347.6 M | |
| Net Loss | -35.9 M | -34.1 M |
Ecofibre Quarterly Net Working Capital |
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Ecofibre Stock Technical Analysis
Ecofibre 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
Ecofibre Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Ecofibre cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Ecofibre November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ecofibre stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecofibre shares will generate the highest return on investment. By undertsting and applying Ecofibre stock market strength indicators, traders can identify Ecofibre entry and exit signals to maximize returns
Ecofibre Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ecofibre's price direction in advance. Along with the technical and fundamental analysis of Ecofibre Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecofibre 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 | 0.0894 | |||
| Jensen Alpha | 0.8503 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0883 | |||
| Treynor Ratio | 1.19 |
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Additional Tools for Ecofibre Stock Analysis
When running Ecofibre's price analysis, check to measure Ecofibre'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 Ecofibre is operating at the current time. Most of Ecofibre's value examination focuses on studying past and present price action to predict the probability of Ecofibre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecofibre's price. Additionally, you may evaluate how the addition of Ecofibre to your portfolios can decrease your overall portfolio volatility.