Eco Wave Power Stock Analysis

Eco Stock Analysis Notes

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. Eco Wave Power Global AB , a wave energy company, engages in the development of a wave energy conversion technology that converts ocean and sea waves into clean electricity. Eco Wave Power Global AB was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. Eco Wave is traded on NASDAQ Exchange in the United States. For more information please call Inna Braverman at 972 3 509 4017 or visit https://www.ecowavepower.com.

Eco Wave Power Investment Alerts

Eco Wave Power Upcoming and Recent Events

Eco Wave Environmental, Social, and Governance (ESG) Scores

Eco Wave Thematic Classifications

Eco Stock Institutional Investors

Note, although Eco Wave's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eco Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 55.99 M.

Eco Profitablity

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 24, 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.

Technical Drivers

As of the 24th of November, Eco Wave shows the Downside Deviation of 8.62, coefficient of variation of 495.7, and Mean Deviation of 7.82. 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 10.09 per share. Given that Eco Wave has jensen alpha of 2.29, 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 Power Price Movement Analysis

Eco Wave Power Insider Trading Activities

Eco Wave Outstanding Bonds

Eco Wave Predictive Daily Indicators

Eco Wave Corporate Filings

Eco Wave Forecast Models

Eco Wave's time-series forecasting models are one of many Eco Wave'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 Wave'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eco Wave 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 Wave. By using and applying Eco Stock analysis, traders can create a robust methodology for identifying Eco entry and exit points for their positions.

When running Eco Wave's price analysis, check to measure Eco Wave'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 Wave is operating at the current time. Most of Eco Wave's value examination focuses on studying past and present price action to predict the probability of Eco Wave'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 Wave's price. Additionally, you may evaluate how the addition of Eco Wave to your portfolios can decrease your overall portfolio volatility.