Eco Atlantic Oil Stock Price on December 11, 2024

EOG Stock  CAD 0.20  0.01  5.26%   
Below is the normalized historical share price chart for Eco Atlantic Oil extending back to November 29, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eco Atlantic stands at 0.20, as last reported on the 13th of December 2024, with the highest price reaching 0.21 and the lowest price hitting 0.19 during the day.
200 Day MA
0.1981
50 Day MA
0.1848
Beta
1.918
 
Yuan Drop
 
Covid
If you're considering investing in Eco Stock, it is important to understand the factors that can impact its price. Eco Atlantic Oil secures Sharpe Ratio (or Efficiency) of -0.0272, which denotes the company had a -0.0272% return per unit of risk over the last 3 months. Eco Atlantic Oil exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eco Atlantic's Mean Deviation of 2.0, standard deviation of 3.41, and Variance of 11.64 to check the risk estimate we provide.
  
At this time, Eco Atlantic's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 18.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 16.7 M in 2024. . Price To Sales Ratio is likely to drop to 57.74 in 2024. Price Earnings Ratio is likely to climb to -2.48 in 2024. Eco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0272

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Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eco Atlantic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eco Atlantic by adding Eco Atlantic to a well-diversified portfolio.
Price Book
1.8172
Enterprise Value Ebitda
(25.23)
Price Sales
6.6 K
Shares Float
278.6 M
Wall Street Target Price
0.87

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Eco Atlantic Valuation on December 11, 2024

It is possible to determine the worth of Eco Atlantic on a given historical date. On December 11, 2024 Eco was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eco Atlantic stock. Still, in general, we apply an absolute valuation method to find Eco Atlantic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eco Atlantic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eco Atlantic's related companies.
 Open High Low Close Volume
  0.18    0.19    0.18    0.19    25,000  
12/11/2024
  0.19    0.19    0.19    0.19    66,000  
  0.19    0.21    0.19    0.20    393,400  
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Open Value
0.19
0.19
Closing Value
10.51
Upside

Eco Atlantic Trading Date Momentum on December 11, 2024

On December 12 2024 Eco Atlantic Oil was traded for  0.20  at the closing time. The highest daily price throughout the period was 0.21  and the lowest price was  0.19 . The daily volume was 393.4 K. The net trading volume on 12/12/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 5.26% . The overall trading delta to current closing price is 0.00% .

Eco Atlantic Oil Fundamentals Correlations and Trends

By evaluating Eco Atlantic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eco Atlantic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eco Atlantic Stock history

Eco Atlantic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eco Atlantic Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eco Atlantic stock prices may prove useful in developing a viable investing in Eco Atlantic
Last ReportedProjected for Next Year
Common Stock Shares Outstanding369.3 M387.8 M
Net Loss-5.9 M-6.2 M

Eco Atlantic Quarterly Net Working Capital

540,903

Eco Atlantic Stock Technical Analysis

Eco Atlantic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eco Atlantic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eco Atlantic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Eco Atlantic Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eco Atlantic Oil cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Eco Atlantic December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Eco Atlantic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Atlantic shares will generate the highest return on investment. By undertsting and applying Eco Atlantic stock market strength indicators, traders can identify Eco Atlantic Oil entry and exit signals to maximize returns

Eco Atlantic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Eco Atlantic's price direction in advance. Along with the technical and fundamental analysis of Eco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.