Eco Growth Strategies Stock Probability of Future Pink Sheet Price Finishing Under 0.00
| ECGS Stock | USD 0.04 0 5.26% |
Eco |
Eco Growth Target Price Odds to finish below 0.00
The tendency of Eco Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.00 or more in 90 days |
| 0.04 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Eco Growth to drop to $ 0.00 or more in 90 days from now is near 1 (This Eco Growth Strategies probability density function shows the probability of Eco Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Eco Growth Strategies price to stay between $ 0.00 and its current price of $0.04 at the end of the 90-day period is about 5.36 .
Given the investment horizon of 90 days Eco Growth Strategies has a beta of -2.84 suggesting as returns on its benchmark rise, returns on holding Eco Growth Strategies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eco Growth is expected to outperform its benchmark. Additionally Eco Growth Strategies has an alpha of 0.8717, implying that it can generate a 0.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eco Growth Price Density |
| Price |
Predictive Modules for Eco Growth
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eco Growth Strategies. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Eco Growth Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eco Growth is not an exception. The market had few large corrections towards the Eco Growth's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eco Growth Strategies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eco Growth within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.87 | |
β | Beta against Dow Jones | -2.84 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.02 |
Eco Growth Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eco Growth for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eco Growth Strategies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eco Growth had very high historical volatility over the last 90 days | |
| Eco Growth has some characteristics of a very speculative penny stock | |
| Eco Growth has high likelihood to experience some financial distress in the next 2 years | |
| Eco Growth Strategies currently holds 783.15 K in liabilities with Debt to Equity (D/E) ratio of 0.5, which is about average as compared to similar companies. Eco Growth Strategies has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Growth'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 Growth Strategies 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 Growth's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.5 M. Net Loss for the year was (982.99 K) with profit before overhead, payroll, taxes, and interest of 1.07 M. |
Eco Growth Technical Analysis
Eco Growth's future price can be derived by breaking down and analyzing its technical indicators over time. Eco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eco Growth Strategies. In general, you should focus on analyzing Eco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eco Growth Predictive Forecast Models
Eco Growth's time-series forecasting models is one of many Eco Growth's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Eco Growth'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Eco Growth Strategies
Checking the ongoing alerts about Eco Growth for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eco Growth Strategies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eco Growth had very high historical volatility over the last 90 days | |
| Eco Growth has some characteristics of a very speculative penny stock | |
| Eco Growth has high likelihood to experience some financial distress in the next 2 years | |
| Eco Growth Strategies currently holds 783.15 K in liabilities with Debt to Equity (D/E) ratio of 0.5, which is about average as compared to similar companies. Eco Growth Strategies has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Eco Growth until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Growth'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 Growth Strategies 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 Growth's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.5 M. Net Loss for the year was (982.99 K) with profit before overhead, payroll, taxes, and interest of 1.07 M. |
Additional Tools for Eco Pink Sheet Analysis
When running Eco Growth's price analysis, check to measure Eco Growth'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 Growth is operating at the current time. Most of Eco Growth's value examination focuses on studying past and present price action to predict the probability of Eco Growth'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 Growth's price. Additionally, you may evaluate how the addition of Eco Growth to your portfolios can decrease your overall portfolio volatility.