Eco Atlantic Oil Stock Analysis
| EOG Stock | CAD 0.19 0.01 5.56% |
Eco Atlantic Oil is overvalued with Real Value of 0.17 and Hype Value of 0.19. The main objective of Eco Atlantic stock analysis is to determine its intrinsic value, which is an estimate of what Eco Atlantic Oil is worth, separate from its market price. There are two main types of Eco Atlantic's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eco Atlantic's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eco Atlantic's stock to identify patterns and trends that may indicate its future price movements.
The Eco Atlantic stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Eco Atlantic is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Eco Stock trading window is adjusted to America/Toronto timezone.
Eco |
Eco Stock Analysis Notes
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.73. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eco Atlantic Oil recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 29th of November 2011. Eco Oil Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. ECO ATLANTIC operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange. To learn more about Eco Atlantic Oil call Gil Holzman at 416-250-1955 or check out https://www.ecooilandgas.com.Eco Atlantic Oil Investment Alerts
| Eco Atlantic Oil generated a negative expected return over the last 90 days | |
| Eco Atlantic Oil has some characteristics of a very speculative penny stock | |
| Eco Atlantic Oil has high historical volatility and very poor performance | |
| The company reported the revenue of 1.71 K. Net Loss for the year was (21.14 M) with loss before overhead, payroll, taxes, and interest of (1.93 M). | |
| Eco Atlantic Oil has accumulated about 25.01 M in cash with (5.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 31.0% of the company shares are held by company insiders |
Eco Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 70.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eco Atlantic's market, we take the total number of its shares issued and multiply it by Eco Atlantic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Eco Profitablity
Eco Atlantic's profitability indicators refer to fundamental financial ratios that showcase Eco Atlantic's ability to generate income relative to its revenue or operating costs. If, let's say, Eco Atlantic is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eco Atlantic's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eco Atlantic's profitability requires more research than a typical breakdown of Eco Atlantic's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (6.86) | (0.52) | |
| Return On Capital Employed | (0.16) | (0.38) | |
| Return On Assets | (0.68) | (0.52) | |
| Return On Equity | (0.71) | (0.54) |
Management Efficiency
Eco Atlantic Oil has return on total asset (ROA) of (0.076) % which means that it has lost $0.076 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5482) %, meaning that it generated substantial loss on money invested by shareholders. Eco Atlantic's management efficiency ratios could be used to measure how well Eco Atlantic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -0.52 in 2024. Return On Capital Employed is likely to drop to -0.38 in 2024. At this time, Eco Atlantic's Non Current Assets Total are fairly stable compared to the past year. Other Assets is likely to climb to about 2.3 M in 2024, whereas Other Current Assets are likely to drop slightly above 63.7 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.08 | 0.21 | |
| Tangible Book Value Per Share | 0.01 | 0.21 | |
| Enterprise Value Over EBITDA | 4.21 | (1.54) | |
| Price Book Value Ratio | 1.78 | 1.34 | |
| Enterprise Value Multiple | 4.21 | (1.54) | |
| Price Fair Value | 1.78 | 1.34 | |
| Enterprise Value | 50.5 M | 350 K |
Leadership effectiveness at Eco Atlantic Oil is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.918 | Return On Assets (0.08) | Return On Equity (0.55) |
Technical Drivers
As of the 27th of November, Eco Atlantic shows the Standard Deviation of 3.68, variance of 13.55, and Mean Deviation of 2.3. Eco Atlantic Oil technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eco Atlantic Oil variance and value at risk to decide if Eco Atlantic Oil is priced favorably, providing market reflects its regular price of 0.19 per share.Eco Atlantic Oil Price Movement Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eco Atlantic middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eco Atlantic Oil. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Eco Atlantic Outstanding Bonds
Eco Atlantic 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 Atlantic Oil 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 Atlantic Oil 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.
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Eco Atlantic Predictive Daily Indicators
Eco Atlantic 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 Atlantic 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 Atlantic Forecast Models
Eco Atlantic's time-series forecasting models are one of many Eco Atlantic's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eco Atlantic's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Eco Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Eco Atlantic prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eco Atlantic. By using and applying Eco Stock analysis, traders can create a robust methodology for identifying Eco entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | -12.7 K | -12.1 K | |
| Operating Profit Margin | -2.8 K | -19.45 | |
| Net Loss | -12.4 K | -19.45 | |
| Gross Profit Margin | 0.89 | 0.81 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Eco Atlantic to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Eco Stock Analysis
When running Eco Atlantic's price analysis, check to measure Eco Atlantic'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 Atlantic is operating at the current time. Most of Eco Atlantic's value examination focuses on studying past and present price action to predict the probability of Eco Atlantic'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 Atlantic's price. Additionally, you may evaluate how the addition of Eco Atlantic to your portfolios can decrease your overall portfolio volatility.