Ecosciences EBITDA vs. Return On Asset
Based on Ecosciences' profitability indicators, Ecosciences may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Ecosciences' ability to earn profits and add value for shareholders.
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For Ecosciences profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecosciences to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecosciences utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecosciences's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecosciences over time as well as its relative position and ranking within its peers.
Ecosciences |
Ecosciences Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecosciences's current stock value. Our valuation model uses many indicators to compare Ecosciences value to that of its competitors to determine the firm's financial worth. Ecosciences is rated # 2 in ebitda category among its peers. It is rated # 3 in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ecosciences by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ecosciences' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ecosciences Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Ecosciences |
| = | (823.61 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Ecosciences |
| = | -6.83 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Ecosciences Return On Asset Comparison
Ecosciences is currently under evaluation in return on asset category among its peers.
Ecosciences Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecosciences, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecosciences will eventually generate negative long term returns. The profitability progress is the general direction of Ecosciences' change in net profit over the period of time. It can combine multiple indicators of Ecosciences, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ecosciences, Inc. engages in the development, production, and sale of environmentally focused wastewater products to food and sanitation industries, as well as residential consumers in the United States and internationally. The company primarily sells its products to municipalities, retail consumers, commercial and industrial users, food processors, hospitals, supermarkets, restaurants, and the janitorial supply industry through a network of master distributors, full line distributors, and sales representatives. Ecosciences operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 2 people.
Ecosciences Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecosciences. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ecosciences position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ecosciences' important profitability drivers and their relationship over time.
Use Ecosciences in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ecosciences position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ecosciences will appreciate offsetting losses from the drop in the long position's value.Ecosciences Pair Trading
Ecosciences Pair Trading Analysis
The ability to find closely correlated positions to Ecosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecosciences when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ecosciences - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ecosciences to buy it.
The correlation of Ecosciences is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ecosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecosciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ecosciences can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ecosciences position
In addition to having Ecosciences in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Additional Tools for Ecosciences Pink Sheet Analysis
When running Ecosciences' price analysis, check to measure Ecosciences' 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 Ecosciences is operating at the current time. Most of Ecosciences' value examination focuses on studying past and present price action to predict the probability of Ecosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecosciences' price. Additionally, you may evaluate how the addition of Ecosciences to your portfolios can decrease your overall portfolio volatility.