Eco Atlantic Oil Stock Buy Hold or Sell Recommendation

EOG Stock  CAD 0.15  0.01  6.25%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Eco Atlantic Oil is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Eco Atlantic Oil given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Eco Atlantic Oil, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Eco Atlantic 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.
Note, we conduct extensive research on individual companies such as Eco and provide practical buy, sell, or hold advice based on investors' constraints. Eco Atlantic Oil. 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.

Execute Eco Atlantic Buy or Sell Advice

The Eco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eco Atlantic Oil. Macroaxis does not own or have any residual interests in Eco Atlantic Oil or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eco Atlantic's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Eco AtlanticBuy Eco Atlantic
Strong Sell

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Eco Atlantic Oil has a Mean Deviation of 2.39, Standard Deviation of 3.78 and Variance of 14.31
We provide trade advice to complement the prevailing expert consensus on Eco Atlantic Oil. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Eco Atlantic is not overpriced, please confirm all Eco Atlantic Oil fundamentals, including its price to sales, current ratio, total asset, as well as the relationship between the net income and earnings per share .

Eco Atlantic Trading Alerts and Improvement Suggestions

Eco Atlantic Oil generated a negative expected return over the last 90 days
Eco Atlantic Oil has some characteristics of a very speculative penny stock
Eco Atlantic Oil has high historical volatility and very poor performance
The company reported the revenue of 1.71 K. Net Loss for the year was (21.14 M) with loss before overhead, payroll, taxes, and interest of (3.43 M).
Eco Atlantic Oil has accumulated about 25.01 M in cash with (5.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Roughly 15.0% of the company shares are held by company insiders
Latest headline from news.google.com: Eco Oil and Gas Ltd. Announces Holding in Company - ACCESS Newswire

Eco Atlantic Returns Distribution Density

The distribution of Eco Atlantic's historical returns is an attempt to chart the uncertainty of Eco Atlantic's future price movements. The chart of the probability distribution of Eco Atlantic daily returns describes the distribution of returns around its average expected value. We use Eco Atlantic Oil price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eco Atlantic returns is essential to provide solid investment advice for Eco Atlantic.
Mean Return
-0.29
Value At Risk
-5.88
Potential Upside
5.88
Standard Deviation
3.78
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eco Atlantic 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.

Eco Atlantic Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash(6.9M)(8.4M)671.9K(1.1M)(1.0M)(977.9K)
Free Cash Flow(5.2M)(4.6M)(37.4M)(5.3M)(4.8M)(5.0M)
Other Non Cash Items2.7K1.4M(3.2M)25.5M29.3M30.7M
Net Income(3.7M)(6.6M)(36.6M)(21.1M)(19.0M)(18.1M)
End Period Cash Flow11.8M3.4M4.1M3.0M3.4M3.2M
Change To Netincome4.4M5.7M98.3K1.4M1.6M2.3M

Eco Atlantic 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 Eco Atlantic or Oil, Gas & Consumable Fuels 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 Eco Atlantic'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 Eco 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
-0.34
β
Beta against Dow Jones-0.43
σ
Overall volatility
3.84
Ir
Information ratio -0.05

Eco Atlantic Volatility Alert

Eco Atlantic Oil exhibits very low volatility with skewness of -0.13 and kurtosis of 1.17. Eco Atlantic Oil is a potential penny stock. Although Eco Atlantic may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Eco Atlantic Oil. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Eco instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Eco Atlantic Fundamentals Vs Peers

Comparing Eco Atlantic'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 Eco Atlantic's direct or indirect competition across all of the common fundamentals between Eco Atlantic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eco Atlantic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eco Atlantic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eco Atlantic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eco Atlantic to competition
FundamentalsEco AtlanticPeer Average
Return On Equity-0.59-0.31
Return On Asset-0.0922-0.14
Current Valuation38.52 M16.62 B
Shares Outstanding315.23 M571.82 M
Shares Owned By Insiders15.28 %10.09 %
Shares Owned By Institutions0.41 %39.21 %
Number Of Shares Shorted1.5 K4.71 M
Price To Earning74.62 X28.72 X
Price To Book1.25 X9.51 X
Price To Sales648.67 X11.42 X
Revenue1.71 K9.43 B
Gross Profit(3.43 M)27.38 B
EBITDA11.98 M3.9 B
Net Income(21.14 M)570.98 M
Cash And Equivalents25.01 M2.7 B
Cash Per Share0.13 X5.01 X
Total Debt1.25 M5.32 B
Current Ratio16.24 X2.16 X
Book Value Per Share0.07 X1.93 K
Cash Flow From Operations(5.33 M)971.22 M
Short Ratio0.02 X4.00 X
Earnings Per Share(0.09) X3.12 X
Target Price0.87
Beta1.9-0.15
Market Capitalization47.28 M19.03 B
Total Asset31.26 M29.47 B
Retained Earnings(109.1 M)9.33 B
Working Capital1.85 M1.48 B
Net Asset31.26 M

Eco Atlantic Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eco . 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.

About Eco Atlantic Buy or Sell Advice

When is the right time to buy or sell Eco Atlantic Oil? Buying financial instruments such as Eco 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 Eco Atlantic 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 Drugs Thematic Idea Now

Drugs
Drugs Theme
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 44 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 Drugs Theme or any other thematic opportunities.
View All  Next Launch

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.