Eco Wave Power Stock Price on September 26, 2024
| WAVE Stock | USD 10.09 0.85 9.20% |
If you're considering investing in Eco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eco Wave stands at 10.09, as last reported on the 25th of November, with the highest price reaching 10.09 and the lowest price hitting 8.98 during the day. Eco Wave is very risky given 3 months investment horizon. Eco Wave Power secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.94% are justified by taking the suggested risk. Use Eco Wave Mean Deviation of 7.82, downside deviation of 8.62, and Coefficient Of Variation of 495.7 to evaluate company specific risk that cannot be diversified away.
The current year's Liabilities And Stockholders Equity is expected to grow to about 10.6 M, whereas Total Stockholder Equity is forecasted to decline to about 7.6 M. . At present, Eco Wave's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 0.91, whereas Price Earnings Ratio is forecasted to decline to (4.23). Eco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eco |
Sharpe Ratio = 0.1785
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | WAVE | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.88 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.94 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Eco Wave is performing at about 14% 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 Wave by adding it to a well-diversified portfolio.
Price Book 9.053 | Enterprise Value Ebitda (3.59) | Price Sales 182.9838 | Shares Float 20.8 M | Earnings Share (0.41) |
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Eco Wave Valuation on September 26, 2024
It is possible to determine the worth of Eco Wave on a given historical date. On September 26, 2024 Eco was worth 4.06 at the beginning of the trading date compared to the closed value of 4.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eco Wave stock. Still, in general, we apply an absolute valuation method to find Eco Wave'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 Wave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eco Wave's related companies.
| Open | High | Low | Close | Volume | |
| 3.84 | 4.05 | 3.80 | 4.05 | 19,569 | |
09/26/2024 | 4.06 | 4.36 | 3.98 | 4.26 | 32,156 |
| 4.40 | 4.84 | 4.30 | 4.84 | 43,861 |
| Backtest Eco Wave | | | Eco Wave History | | | Eco Wave Valuation | Previous | Next |
Eco Wave Trading Date Momentum on September 26, 2024
| On September 27 2024 Eco Wave Power was traded for 4.84 at the closing time. The top price for the day was 4.84 and the lowest listed price was 4.30 . The trading volume for the day was 43.9 K. The trading history from September 27, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 13.62% . The overall trading delta against the current closing price is 37.56% . |
Eco Wave Power Fundamentals Correlations and Trends
By evaluating Eco Wave'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 Wave'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 Wave Stock history
Eco Wave 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 Wave Power 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 Wave stock prices may prove useful in developing a viable investing in Eco Wave
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5 M | 4.7 M | |
| Net Loss | -3.3 M | -3.5 M |
Eco Wave Quarterly Net Working Capital |
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Eco Wave Stock Technical Analysis
Eco Wave 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
Eco Wave Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Eco Wave Power cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Wave November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Eco Wave stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Wave shares will generate the highest return on investment. By undertsting and applying Eco Wave stock market strength indicators, traders can identify Eco Wave Power entry and exit signals to maximize returns
Eco Wave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eco Wave's price direction in advance. Along with the technical and fundamental analysis of Eco Stock 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 | 0.164 | |||
| Jensen Alpha | 2.29 | |||
| Total Risk Alpha | 0.4657 | |||
| Sortino Ratio | 0.2363 | |||
| Treynor Ratio | (2.02) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Eco Stock analysis
When running Eco Wave's price analysis, check to measure Eco Wave'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 Wave is operating at the current time. Most of Eco Wave's value examination focuses on studying past and present price action to predict the probability of Eco Wave'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 Wave's price. Additionally, you may evaluate how the addition of Eco Wave to your portfolios can decrease your overall portfolio volatility.
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