Ecomax Revenue vs. Beta
Ecomax Inc Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecomax's current stock value. Our valuation model uses many indicators to compare Ecomax value to that of its competitors to determine the firm's financial worth. Ecomax Inc is currently under evaluation in revenue category among its peers. It is rated below average in beta category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ecomax by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ecomax's 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.Ecomax Revenue vs. Competition
Ecomax Inc is currently under evaluation in revenue category among its peers. Market size based on revenue of Shell Companies industry is currently estimated at about 133.3 Million. Ecomax adds roughly 0.0 in revenue claiming only tiny portion of equities listed under Shell Companies industry.
Ecomax Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Ecomax Beta Comparison
Ecomax is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Ecomax are expected to decrease by larger amounts. On the other hand, during market turmoil, Ecomax is expected to outperform it.
Ecomax Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecomax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecomax will eventually generate negative long term returns. The profitability progress is the general direction of Ecomax's change in net profit over the period of time. It can combine multiple indicators of Ecomax, 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.
The company intends to seek new business opportunities or to engage in a merger or acquisition with an unidentified company. Ecomax, Inc. was incorporated in 1995 and is based in New York, New York. Ecomax is traded on OTC Exchange in the United States.
Ecomax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecomax. 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 Ecomax 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 Ecomax's important profitability drivers and their relationship over time.
Ecomax Earnings per Share Projection vs Actual
Use Ecomax 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 Ecomax 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 Ecomax will appreciate offsetting losses from the drop in the long position's value.Ecomax Pair Trading
Ecomax Inc Pair Trading Analysis
The ability to find closely correlated positions to Ecomax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecomax 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 Ecomax - 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 Ecomax Inc to buy it.
The correlation of Ecomax 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 Ecomax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecomax Inc 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 Ecomax 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 Ecomax position
In addition to having Ecomax 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 20 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 Precious Metals Funds Theme or any other thematic opportunities.
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Additional Tools for Ecomax Pink Sheet Analysis
When running Ecomax's price analysis, check to measure Ecomax'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 Ecomax is operating at the current time. Most of Ecomax's value examination focuses on studying past and present price action to predict the probability of Ecomax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecomax's price. Additionally, you may evaluate how the addition of Ecomax to your portfolios can decrease your overall portfolio volatility.