Eightco Holdings Financials
| OCTO Stock | 1.47 0.03 2.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Current Ratio | 0.34 | 0.3552 |
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The essential information of the day-to-day investment outlook for Eightco Holdings includes many different criteria found on its balance sheet. An individual investor should monitor Eightco Holdings' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Eightco Holdings.
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Eightco | Select Account or Indicator |
Eightco Holdings Stock Summary
Eightco Holdings competes with Ardagh Metal, Avery Dennison, Amcor PLC, Packaging Corp, and O I. Eightco Holdings is entity of United States. It is traded as Stock on NASDAQ exchange.Specialization | Consumer Cyclical, Packaging & Containers |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 22890A104 22890A203 22890A302 |
| Location | Florida; U.S.A |
| Business Address | 101 Larry Holmes |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.8co.holdings |
| Phone | 888 765 8933 |
Eightco Holdings Key Financial Ratios
| Return On Equity | -0.32 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.24) % | ||||
| Price To Sales | 0.06 X | ||||
| Revenue | 75.3 M |
Eightco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eightco Holdings's current stock value. Our valuation model uses many indicators to compare Eightco Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eightco Holdings competition to find correlations between indicators driving Eightco Holdings's intrinsic value. More Info.Eightco Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Eightco Holdings' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eightco Holdings' earnings, one of the primary drivers of an investment's value.Eightco Holdings Systematic Risk
Eightco Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eightco Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Eightco Holdings correlated with the market. If Beta is less than 0 Eightco Holdings generally moves in the opposite direction as compared to the market. If Eightco Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eightco Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eightco Holdings is generally in the same direction as the market. If Beta > 1 Eightco Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Eightco Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eightco Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Eightco Holdings growth as a starting point in their analysis.
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Eightco Holdings December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eightco Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eightco Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eightco Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Eightco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eightco Holdings's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 64.79 | |||
| Value At Risk | (9.57) | |||
| Potential Upside | 16.44 |
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
Earnings Share 12.29 | Revenue Per Share 51.533 | Quarterly Revenue Growth (0.66) | Return On Assets (0.07) | Return On Equity (0.32) |
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.