Eco Innovation Group Stock Performance
| ECOX Stock | USD 0.0001 0.00 0.00% |
Eco Innovation holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eco Innovation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eco Innovation is expected to be smaller as well. Use Eco Innovation variance and rate of daily change , to analyze future returns on Eco Innovation.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eco Innovation Group are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile basic indicators, Eco Innovation showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 84.00 |
Eco |
Eco Innovation Relative Risk vs. Return Landscape
If you would invest 0.01 in Eco Innovation Group on December 24, 2024 and sell it today you would earn a total of 0.00 from holding Eco Innovation Group or generate 0.0% return on investment over 90 days. Eco Innovation Group is currently generating 42.8571% in daily expected returns and assumes 216.8055% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Eco, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Eco Innovation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eco Innovation's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Eco Innovation Group, and traders can use it to determine the average amount a Eco Innovation's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1977
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 216.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.96 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Eco Innovation is performing at about 15% 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 Innovation by adding it to a well-diversified portfolio.
Eco Innovation Fundamentals Growth
Eco Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Eco Innovation, and Eco Innovation fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eco Pink Sheet performance.
| Return On Equity | -12.58 | |||
| Return On Asset | -0.53 | |||
| Operating Margin | (1.52) % | |||
| Current Valuation | 867.3 K | |||
| Shares Outstanding | 1.1 B | |||
| Price To Earning | 1.04 X | |||
| Price To Sales | 0.49 X | |||
| Revenue | 95.88 K | |||
| EBITDA | (5.93 M) | |||
| Cash And Equivalents | 22.46 K | |||
| Total Debt | 758.45 K | |||
| Debt To Equity | 0.21 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (477.09 K) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 373.07 K | |||
About Eco Innovation Performance
Evaluating Eco Innovation's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eco Innovation has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eco Innovation has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Eco Innovation Group, Inc. operates as a green technology development company in the United States. The company was incorporated in 2001 and is based in Van Nuys, California. Eco Innovation operates under Specialty Business Services classification in the United States and is traded on OTC Exchange.Things to note about Eco Innovation Group performance evaluation
Checking the ongoing alerts about Eco Innovation for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Eco Innovation Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eco Innovation Group is way too risky over 90 days horizon | |
| Eco Innovation Group has some characteristics of a very speculative penny stock | |
| Eco Innovation Group appears to be risky and price may revert if volatility continues | |
| Eco Innovation Group has high likelihood to experience some financial distress in the next 2 years | |
| Eco Innovation Group currently holds 758.45 K in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Eco Innovation Group has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Innovation until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Innovation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eco Innovation Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Innovation's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 95.88 K. Net Loss for the year was (6.63 M) with profit before overhead, payroll, taxes, and interest of 43.4 K. | |
| Eco Innovation Group currently holds about 22.46 K in cash with (477.09 K) of positive cash flow from operations. | |
| Roughly 16.0% of Eco Innovation shares are held by company insiders |
- Analyzing Eco Innovation's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eco Innovation's stock is overvalued or undervalued compared to its peers.
- Examining Eco Innovation's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eco Innovation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eco Innovation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eco Innovation's pink sheet. These opinions can provide insight into Eco Innovation's potential for growth and whether the stock is currently undervalued or overvalued.
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.