Is Eco Wave Stock a Good Investment?
Eco Wave Investment Advice | WAVE |
- Examine Eco Wave's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Eco Wave's leadership team and their track record. Good management can help Eco Wave navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Eco Wave's business and its evolving consumer preferences.
- Compare Eco Wave's performance and market position to its competitors. Analyze how Eco Wave is positioned in terms of product offerings, innovation, and market share.
- Check if Eco Wave pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Eco Wave's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Eco Wave Power stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Eco Wave Power is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Eco Wave Stock
Researching Eco Wave's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 0.41. Eco Wave Power had not issued any dividends in recent years. The entity had 1:7 split on the 21st of June 2010.
To determine if Eco Wave is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Eco Wave's research are outlined below:
| Eco Wave Power is way too risky over 90 days horizon | |
| Eco Wave Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 306 K. Net Loss for the year was (1.87 M) with profit before overhead, payroll, taxes, and interest of 4 K. | |
| Eco Wave Power currently holds about 12.32 M in cash with (2.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Eco Wave Power has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Wave of Innovation Eco Wave Power Debuts Israels First Wave Energy Project at Jaffa Port |
Eco Wave Quarterly Good Will |
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Eco Wave uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Eco Wave Power. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eco Wave's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Eco Wave's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Eco Wave is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eco Wave Power backward and forwards among themselves. Eco Wave's institutional investor refers to the entity that pools money to purchase Eco Wave's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ubs Group Ag | 2024-06-30 | 43.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 20.7 K | Ipg Investment Advisors, Llc | 2024-09-30 | 11.5 K | Citadel Advisors Llc | 2024-09-30 | 11.2 K | Rhumbline Advisers | 2024-06-30 | 2.7 K | Wells Fargo & Co | 2024-06-30 | 600 |
Eco Wave's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.49 M.Market Cap |
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Eco Wave's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.17) | (0.18) | |
| Return On Capital Employed | (0.31) | (0.32) | |
| Return On Assets | (0.17) | (0.18) | |
| Return On Equity | (0.22) | (0.20) |
Determining Eco Wave's profitability involves analyzing its financial statements and using various financial metrics to determine if Eco Wave is a good buy. For example, gross profit margin measures Eco Wave's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Eco Wave's profitability and make more informed investment decisions.
Please note, the presentation of Eco Wave's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eco Wave's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Eco Wave's management manipulating its earnings.
Evaluate Eco Wave's management efficiency
Eco Wave Power has return on total asset (ROA) of (0.151) % which means that it has lost $0.151 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2697) %, meaning that it created substantial loss on money invested by shareholders. Eco Wave's management efficiency ratios could be used to measure how well Eco Wave manages its routine affairs as well as how well it operates its assets and liabilities. As of November 28, 2024, Return On Tangible Assets is expected to decline to -0.18. In addition to that, Return On Capital Employed is expected to decline to -0.32. At present, Eco Wave's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 9.2 M, whereas Other Assets are forecasted to decline to 855.00.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.41 | 1.30 | |
| Tangible Book Value Per Share | 1.41 | 1.30 | |
| Enterprise Value Over EBITDA | (2.34) | (2.46) | |
| Price Book Value Ratio | 0.87 | 0.91 | |
| Enterprise Value Multiple | (2.34) | (2.46) | |
| Price Fair Value | 0.87 | 0.91 | |
| Enterprise Value | 3.8 M | 3.6 M |
The leadership approach at Eco Wave's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta (0.70) |
Basic technical analysis of Eco Stock
As of the 28th of November, Eco Wave shows the Mean Deviation of 8.09, coefficient of variation of 587.99, and Downside Deviation of 8.97. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eco Wave, as well as the relationship between them. Please confirm Eco Wave Power information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Eco Wave Power is priced favorably, providing market reflects its regular price of 9.82 per share. Given that Eco Wave has jensen alpha of 1.94, we urge you to verify Eco Wave Power's prevailing market performance to make sure the company can sustain itself at a future point.Eco Wave's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eco Wave insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eco Wave's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eco Wave insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Avenue Capital Management Ii, L.p. over three months ago Disposition of 7409 shares by Avenue Capital Management Ii, L.p. of Eco Wave at 0.01 subject to Rule 16b-3 | ||
Avenue Capital Management Ii, L.p. over six months ago Acquisition by Avenue Capital Management Ii, L.p. of 20828 shares of Eco Wave at 11.05 subject to Rule 16b-3 |
Eco Wave's Outstanding Corporate Bonds
Eco Wave issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eco Wave Power uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eco bonds can be classified according to their maturity, which is the date when Eco Wave Power has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US27900QAA40 Corp BondUS27900QAA40 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Eco Wave's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Eco Wave's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1396 | |||
| Market Risk Adjusted Performance | (2.78) | |||
| Mean Deviation | 8.09 | |||
| Semi Deviation | 7.76 | |||
| Downside Deviation | 8.97 | |||
| Coefficient Of Variation | 587.99 | |||
| Standard Deviation | 11.04 | |||
| Variance | 121.88 | |||
| Information Ratio | 0.1587 | |||
| Jensen Alpha | 1.94 | |||
| Total Risk Alpha | 0.2053 | |||
| Sortino Ratio | 0.1954 | |||
| Treynor Ratio | (2.79) | |||
| Maximum Drawdown | 56.48 | |||
| Value At Risk | (14.13) | |||
| Potential Upside | 20.27 | |||
| Downside Variance | 80.44 | |||
| Semi Variance | 60.22 | |||
| Expected Short fall | (9.34) | |||
| Skewness | 1.03 | |||
| Kurtosis | 2.68 |
| Risk Adjusted Performance | 0.1396 | |||
| Market Risk Adjusted Performance | (2.78) | |||
| Mean Deviation | 8.09 | |||
| Semi Deviation | 7.76 | |||
| Downside Deviation | 8.97 | |||
| Coefficient Of Variation | 587.99 | |||
| Standard Deviation | 11.04 | |||
| Variance | 121.88 | |||
| Information Ratio | 0.1587 | |||
| Jensen Alpha | 1.94 | |||
| Total Risk Alpha | 0.2053 | |||
| Sortino Ratio | 0.1954 | |||
| Treynor Ratio | (2.79) | |||
| Maximum Drawdown | 56.48 | |||
| Value At Risk | (14.13) | |||
| Potential Upside | 20.27 | |||
| Downside Variance | 80.44 | |||
| Semi Variance | 60.22 | |||
| Expected Short fall | (9.34) | |||
| Skewness | 1.03 | |||
| Kurtosis | 2.68 |
Consider Eco Wave's intraday indicators
Eco Wave intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eco Wave stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Eco Wave Corporate Filings
6K | 26th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 13th of September 2024 Other Reports | ViewVerify | |
| 28th of March 2024 Other Reports | ViewVerify |
Eco Stock media impact
Far too much social signal, news, headlines, and media speculation about Eco Wave that are available to investors today. That information is available publicly through Eco media outlets and privately through word of mouth or via Eco internal channels. However, regardless of the origin, that massive amount of Eco data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Eco Wave news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Eco Wave relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Eco Wave's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Eco Wave alpha.
Eco Wave Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Eco Wave can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Already Invested in Eco Wave Power?
The danger of trading Eco Wave Power is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eco Wave is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eco Wave. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eco Wave Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Wave. If investors know Eco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share 0.055 | Quarterly Revenue Growth (0.08) | Return On Assets (0.15) | Return On Equity (0.27) |
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Eco Wave's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.