Eco Wave Power Stock Buy Hold or Sell Recommendation
| WAVE Stock | USD 8.04 0.39 5.10% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Eco Wave Power is 'Strong Sell'. Macroaxis provides Eco Wave buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Eco Wave positions.
Check out Eco Wave 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 Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Eco |
Execute Eco Wave 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 Wave Power. Macroaxis does not own or have any residual interests in Eco Wave Power or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eco Wave's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eco Wave Trading Alerts and Improvement Suggestions
| Eco Wave Power generated a negative expected return over the last 90 days | |
| Eco Wave Power has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 168 K. Net Loss for the year was (2.11 M) with profit before overhead, payroll, taxes, and interest of 247 K. | |
| Eco Wave Power currently holds about 12.32 M in cash with (1.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Eco Wave Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Maxim Group Initiates Coverage of Eco Wave Power Global AB with Buy Recommendation - Nasdaq |
Eco Wave Returns Distribution Density
The distribution of Eco Wave's historical returns is an attempt to chart the uncertainty of Eco Wave's future price movements. The chart of the probability distribution of Eco Wave daily returns describes the distribution of returns around its average expected value. We use Eco Wave Power price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eco Wave returns is essential to provide solid investment advice for Eco Wave.
| Mean Return | -0.28 | Value At Risk | -9.09 | Potential Upside | 11.35 | Standard Deviation | 6.94 |
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 Wave 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 Stock Institutional Investors
| Shares | Rhumbline Advisers | 2024-12-31 | 63.0 | New England Capital Financial Advisors Llc | 2024-12-31 | 50.0 | Royal Bank Of Canada | 2024-12-31 | 13.0 | Citadel Advisors Llc | 2024-12-31 | 0.0 | Veracity Capital Llc | 2024-12-31 | 35.6 K | Ipg Investment Advisors, Llc | 2024-12-31 | 30.1 K | Commonwealth Equity Services Inc | 2024-12-31 | 30 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 18.8 K | Steward Partners Investment Advisory, Llc | 2024-12-31 | 2.7 K | Ubs Group Ag | 2024-12-31 | 2.5 K | Wells Fargo & Co | 2024-12-31 | 600 |
Eco Wave Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Capital Expenditures | 198.2K | 13K | 3K | 6.0K | 33K | 31.4K | |
| End Period Cash Flow | 10.7M | 14.6M | 5.3M | 4.3M | 7.8M | 7.0M | |
| Investments | 48K | (117K) | (5.3M) | 1.2M | 2.9M | 3.1M | |
| Change In Cash | (2.6M) | 3.9M | (9.3M) | (1.0M) | 3.6M | 3.7M | |
| Net Borrowings | 1K | (96K) | (103K) | (320K) | (288K) | (273.6K) | |
| Free Cash Flow | (2.6M) | (2.5M) | (2.5M) | (2.6M) | (1.9M) | (1.9M) | |
| Depreciation | 138.6K | 248K | 209K | 170K | 134K | 156.8K | |
| Other Non Cash Items | 60.6K | (275K) | 179K | (340.0K) | (4K) | (4.2K) | |
| Net Income | (2.2M) | (2.3M) | (2.9M) | (1.9M) | (2.1M) | (2.2M) | |
| Change To Netincome | 90K | 43K | (275K) | 179K | 205.9K | 216.1K |
Eco Wave 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 Wave or Software 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 Wave'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 | -0.41 | |
β | Beta against Dow Jones | -1.07 | |
σ | Overall volatility | 6.33 | |
Ir | Information ratio | -0.03 |
Eco Wave Volatility Alert
Eco Wave Power is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eco Wave'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 Eco Wave'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.Eco Wave Fundamentals Vs Peers
Comparing Eco Wave'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 Wave's direct or indirect competition across all of the common fundamentals between Eco Wave and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eco Wave or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eco Wave's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eco Wave by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eco Wave to competition |
| Fundamentals | Eco Wave | Peer Average |
| Return On Equity | -0.27 | -0.31 |
| Return On Asset | -0.15 | -0.14 |
| Operating Margin | (7.69) % | (5.51) % |
| Current Valuation | 36.93 M | 16.62 B |
| Shares Outstanding | 5.83 M | 571.82 M |
| Shares Owned By Institutions | 1.14 % | 39.21 % |
| Number Of Shares Shorted | 32.22 K | 4.71 M |
| Price To Earning | (0.01) X | 28.72 X |
| Price To Book | 5.28 X | 9.51 X |
| Price To Sales | 279.57 X | 11.42 X |
| Revenue | 168 K | 9.43 B |
| Gross Profit | 247 K | 27.38 B |
| EBITDA | (1.92 M) | 3.9 B |
| Net Income | (2.11 M) | 570.98 M |
| Cash And Equivalents | 12.32 M | 2.7 B |
| Cash Per Share | 2.22 X | 5.01 X |
| Total Debt | 1.34 M | 5.32 B |
| Debt To Equity | 0.12 % | 48.70 % |
| Current Ratio | 6.10 X | 2.16 X |
| Book Value Per Share | 1.43 X | 1.93 K |
| Cash Flow From Operations | (1.82 M) | 971.22 M |
| Short Ratio | 0.86 X | 4.00 X |
| Earnings Per Share | (0.41) X | 3.12 X |
| Number Of Employees | 12 | 18.84 K |
| Beta | -0.7 | -0.15 |
| Market Capitalization | 43.82 M | 19.03 B |
| Total Asset | 10.68 M | 29.47 B |
| Retained Earnings | (15.07 M) | 9.33 B |
| Working Capital | 7.21 M | 1.48 B |
| Current Asset | 2.66 M | 9.34 B |
| Current Liabilities | 9.54 M | 7.9 B |
| Net Asset | 10.68 M |
Note: Acquisition by Avenue Capital Management Ii, L.p. of 139753 shares of Eco Wave at 0.01 subject to Rule 16b-3 [view details]
Eco Wave 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 Wave Buy or Sell Advice
When is the right time to buy or sell Eco Wave Power? 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 Wave 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?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 45 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 Absolute Returns ETFs Theme or any other thematic opportunities.
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Check out Eco Wave 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Application Software 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 Eco Wave. If investors know Eco 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 Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets | Return On Equity |
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave's 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 Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave's 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 Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave's 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.