Closing Bell Eco Atlantic Oil and Gas Ltd down on Tuesday - The Globe and Mail
| ECO Stock | 9.75 0.15 1.52% |
About 62% of Eco Oil's investor base is looking to short. The current sentiment of investing in Eco Oil Gas suggests that many traders are alarmed. The current market sentiment, together with Eco Oil's historical and current headlines, can help investors time the market. In addition, many technical investors use Eco Oil Gas stock news signals to limit their universe of possible portfolio assets.
Eco Oil stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Eco daily returns and investor perception about the current price of Eco Oil Gas as well as its diversification or hedging effects on your existing portfolios.
Eco |
Closing Bell Eco Atlantic Oil and Gas Ltd down on Tuesday The Globe and Mail
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Eco Oil Fundamental Analysis
We analyze Eco Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Eco Oil is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Eco Oil Gas Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eco Oil stock to make a market-neutral strategy. Peer analysis of Eco Oil could also be used in its relative valuation, which is a method of valuing Eco Oil by comparing valuation metrics with similar companies.
Peers
Eco Oil Related Equities
| 0QZ2 | Silvercorp Metals | 5.28 | ||||
| 0KBL | Omega Healthcare | 0.11 | ||||
| EDV | Endeavour Mining | 0.06 | ||||
| HOC | Hochschild Mining | 0.33 | ||||
| ISLN | IShares Physical | 1.17 | ||||
| WWH | Worldwide Healthcare | 1.67 | ||||
| 0USB | Dolly Varden | 1.90 |
Complementary Tools for Eco Stock analysis
When running Eco Oil's price analysis, check to measure Eco Oil'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 Oil is operating at the current time. Most of Eco Oil's value examination focuses on studying past and present price action to predict the probability of Eco Oil'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 Oil's price. Additionally, you may evaluate how the addition of Eco Oil to your portfolios can decrease your overall portfolio volatility.
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