Eightco Holdings Stock Analysis

Eightco Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.32. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Eightco Holdings recorded earning per share (EPS) of 12.29. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 16th of August 2024. To find out more about Eightco Holdings contact Brian McFadden at 888 765 8933 or learn more at https://www.8co.holdings.

Eightco Holdings Investment Alerts

Eightco Holdings Upcoming and Recent Events

Eightco Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.15 M.

Eightco Profitablity

The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.24) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.24.

Management Efficiency

Eightco Holdings has return on total asset (ROA) of (0.0743) % which means that it has lost $0.0743 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3245) %, meaning that it created substantial loss on money invested by shareholders. Eightco Holdings' management efficiency ratios could be used to measure how well Eightco Holdings manages its routine affairs as well as how well it operates its assets and liabilities. As of the 13th of December 2024, Return On Equity is likely to grow to 18.24, though Return On Tangible Assets are likely to grow to (3.82). At this time, Eightco Holdings' Non Current Assets Total are very stable compared to the past year. As of the 13th of December 2024, Non Currrent Assets Other is likely to grow to about 16.9 M, while Total Assets are likely to drop about 28.8 M.

Technical Drivers

As of the 13th of December 2024, Eightco Holdings shows the Downside Deviation of 7.43, coefficient of variation of 1485.23, and Mean Deviation of 6.33. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eightco Holdings, as well as the relationship between them.

Eightco Holdings Price Movement Analysis

Eightco Holdings Insider Trading Activities

Eightco Holdings Predictive Daily Indicators

Eightco Holdings Forecast Models

Eightco Holdings' time-series forecasting models are one of many Eightco Holdings' 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 Eightco Holdings' 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 Eightco Holdings 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 Eightco 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 Eightco Holdings. By using and applying Eightco Stock analysis, traders can create a robust methodology for identifying Eightco entry and exit points for their positions.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eightco Holdings. If investors know Eightco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eightco Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Eightco Holdings is measured differently than its book value, which is the value of Eightco that is recorded on the company's balance sheet. Investors also form their own opinion of Eightco Holdings' value that differs from its market value or its book value, called intrinsic value, which is Eightco Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eightco Holdings' market value can be influenced by many factors that don't directly affect Eightco Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Eightco Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eightco Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eightco Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.