The 3 Most Undervalued Sleeper Stocks to Buy Now August 2023 - InvestorPlace
| ECOX Stock | USD 0.0001 0.00 0.00% |
Slightly above 55% of Eco Innovation's investors are presently thinking to get in. The analysis of overall sentiment of trading Eco Innovation Group pink sheet suggests that some investors are interested at this time. Eco Innovation's investing sentiment can be driven by a variety of factors including economic data, Eco Innovation's earnings reports, geopolitical events, and overall market trends.
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The 3 Most Undervalued Sleeper Stocks to Buy Now August 2023 InvestorPlace
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Eco Innovation Fundamental Analysis
We analyze Eco Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Innovation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Eco Innovation is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Eco Innovation Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eco Innovation pink sheet to make a market-neutral strategy. Peer analysis of Eco Innovation could also be used in its relative valuation, which is a method of valuing Eco Innovation by comparing valuation metrics with similar companies.
Peers
Eco Innovation Related Equities
| TRI | Thomson Reuters | 0.51 | ||||
| CTAS | Cintas | 0.15 | ||||
| GPN | Global Payments | 0.24 | ||||
| RBA | RB Global | 0.28 | ||||
| TLPFF | Teleperformance | 3.63 |
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.