Ecosynthetix Stock Buy Hold or Sell Recommendation
| ECO Stock | CAD 4.00 0.06 1.52% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding EcoSynthetix is 'Strong Sell'. The recommendation algorithm takes into account all of EcoSynthetix's available fundamental, technical, and predictive indicators you will find on this site.
Check out EcoSynthetix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as EcoSynthetix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards EcoSynthetix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
EcoSynthetix |
Execute EcoSynthetix Buy or Sell Advice
The EcoSynthetix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EcoSynthetix. Macroaxis does not own or have any residual interests in EcoSynthetix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EcoSynthetix's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
EcoSynthetix Trading Alerts and Improvement Suggestions
| EcoSynthetix has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.66 M. Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 4.15 M. | |
| About 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: EcoSynthetix Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ... - Yahoo Finance |
EcoSynthetix Returns Distribution Density
The distribution of EcoSynthetix's historical returns is an attempt to chart the uncertainty of EcoSynthetix's future price movements. The chart of the probability distribution of EcoSynthetix daily returns describes the distribution of returns around its average expected value. We use EcoSynthetix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EcoSynthetix returns is essential to provide solid investment advice for EcoSynthetix.
| Mean Return | 0.02 | Value At Risk | -3 | Potential Upside | 3.84 | Standard Deviation | 2.04 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EcoSynthetix historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EcoSynthetix Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 458.9K | 152.4K | (31.6K) | (3.1M) | 1.7M | 1.8M | |
| Change In Cash | (6.2M) | 8.7M | 25.6M | (37.4M) | 106.8K | 112.2K | |
| Free Cash Flow | 247.4K | (21.4K) | 94.1K | (5.2M) | (1.3M) | (1.4M) | |
| Depreciation | 1.4M | 1.4M | 1.4M | 1.1M | 1.3M | 1.6M | |
| Other Non Cash Items | 65.5K | (87.5K) | 60.4K | (518.9K) | (842.4K) | (800.3K) | |
| Capital Expenditures | 458.2K | 248.1K | 380.0K | 273.0K | 1.6M | 1.7M | |
| Net Income | (1.5M) | (2.4M) | (3.2M) | (2.4M) | (2.8M) | (3.0M) | |
| End Period Cash Flow | 8.0M | 16.6M | 42.2M | 4.8M | 4.9M | 4.7M | |
| Investments | (5.5M) | 9.8M | 25M | (31.2M) | 2.0M | 2.1M | |
| Change To Netincome | 765.0K | 1.1M | 1.4M | 269.8K | 310.3K | 294.8K |
EcoSynthetix Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EcoSynthetix or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EcoSynthetix's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EcoSynthetix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | -0.05 |
EcoSynthetix Volatility Alert
EcoSynthetix currently demonstrates below-average downside deviation. It has Information Ratio of -0.05 and Jensen Alpha of 0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EcoSynthetix's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EcoSynthetix's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.EcoSynthetix Fundamentals Vs Peers
Comparing EcoSynthetix's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EcoSynthetix's direct or indirect competition across all of the common fundamentals between EcoSynthetix and the related equities. This way, we can detect undervalued stocks with similar characteristics as EcoSynthetix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EcoSynthetix's fundamental indicators could also be used in its relative valuation, which is a method of valuing EcoSynthetix by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EcoSynthetix to competition |
| Fundamentals | EcoSynthetix | Peer Average |
| Return On Equity | -0.0429 | -0.31 |
| Return On Asset | -0.0579 | -0.14 |
| Profit Margin | (0.11) % | (1.27) % |
| Operating Margin | (0.06) % | (5.51) % |
| Current Valuation | 187.91 M | 16.62 B |
| Shares Outstanding | 58.61 M | 571.82 M |
| Shares Owned By Insiders | 14.48 % | 10.09 % |
| Shares Owned By Institutions | 14.73 % | 39.21 % |
| Number Of Shares Shorted | 399.87 K | 4.71 M |
| Price To Earning | (18.42) X | 28.72 X |
| Price To Book | 4.21 X | 9.51 X |
| Price To Sales | 14.70 X | 11.42 X |
| Revenue | 12.66 M | 9.43 B |
| Gross Profit | 4.15 M | 27.38 B |
| EBITDA | (3.24 M) | 3.9 B |
| Net Income | (2.82 M) | 570.98 M |
| Cash And Equivalents | 44.59 M | 2.7 B |
| Cash Per Share | 0.76 X | 5.01 X |
| Total Debt | 584.36 K | 5.32 B |
| Debt To Equity | 2.70 % | 48.70 % |
| Current Ratio | 30.53 X | 2.16 X |
| Book Value Per Share | 0.68 X | 1.93 K |
| Cash Flow From Operations | 316.99 K | 971.22 M |
| Short Ratio | 11.05 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 8.39 | |
| Number Of Employees | 25 | 18.84 K |
| Beta | 0.86 | -0.15 |
| Market Capitalization | 234.43 M | 19.03 B |
| Total Asset | 42.84 M | 29.47 B |
| Retained Earnings | (459.55 M) | 9.33 B |
| Working Capital | 36.96 M | 1.48 B |
| Net Asset | 42.84 M |
EcoSynthetix Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EcoSynthetix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 290.93 | |||
| Daily Balance Of Power | 0.6 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 3.95 | |||
| Day Typical Price | 3.97 | |||
| Price Action Indicator | 0.08 | |||
| Period Momentum Indicator | 0.06 |
About EcoSynthetix Buy or Sell Advice
When is the right time to buy or sell EcoSynthetix? Buying financial instruments such as EcoSynthetix Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having EcoSynthetix in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Millennials Best Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.