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.
Eco |
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
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (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 Items | 2.7K | 1.4M | (3.2M) | 25.5M | 29.3M | 30.7M | |
| Net Income | (3.7M) | (6.6M) | (36.6M) | (21.1M) | (19.0M) | (18.1M) | |
| End Period Cash Flow | 11.8M | 3.4M | 4.1M | 3.0M | 3.4M | 3.2M | |
| Change To Netincome | 4.4M | 5.7M | 98.3K | 1.4M | 1.6M | 2.3M |
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 |
| Fundamentals | Eco Atlantic | Peer Average |
| Return On Equity | -0.59 | -0.31 |
| Return On Asset | -0.0922 | -0.14 |
| Current Valuation | 38.52 M | 16.62 B |
| Shares Outstanding | 315.23 M | 571.82 M |
| Shares Owned By Insiders | 15.28 % | 10.09 % |
| Shares Owned By Institutions | 0.41 % | 39.21 % |
| Number Of Shares Shorted | 1.5 K | 4.71 M |
| Price To Earning | 74.62 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 648.67 X | 11.42 X |
| Revenue | 1.71 K | 9.43 B |
| Gross Profit | (3.43 M) | 27.38 B |
| EBITDA | 11.98 M | 3.9 B |
| Net Income | (21.14 M) | 570.98 M |
| Cash And Equivalents | 25.01 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Total Debt | 1.25 M | 5.32 B |
| Current Ratio | 16.24 X | 2.16 X |
| Book Value Per Share | 0.07 X | 1.93 K |
| Cash Flow From Operations | (5.33 M) | 971.22 M |
| Short Ratio | 0.02 X | 4.00 X |
| Earnings Per Share | (0.09) X | 3.12 X |
| Target Price | 0.87 | |
| Beta | 1.9 | -0.15 |
| Market Capitalization | 47.28 M | 19.03 B |
| Total Asset | 31.26 M | 29.47 B |
| Retained Earnings | (109.1 M) | 9.33 B |
| Working Capital | 1.85 M | 1.48 B |
| Net Asset | 31.26 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.
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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.