Eco Oil Gas Stock Performance
| ECAOF Stock | USD 0.11 0.01 8.33% |
The firm shows a Beta (market volatility) of 1.64, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eco (Atlantic) will likely underperform. At this point, Eco (Atlantic) has a negative expected return of -0.23%. Please make sure to confirm Eco (Atlantic)'s downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Eco (Atlantic) performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Eco Oil Gas has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 11.8 M | |
| Total Cashflows From Investing Activities | -8.5 M |
Eco |
Eco (Atlantic) Relative Risk vs. Return Landscape
If you would invest 16.00 in Eco Oil Gas on December 20, 2024 and sell it today you would lose (5.00) from holding Eco Oil Gas or give up 31.25% of portfolio value over 90 days. Eco Oil Gas is currently producing negative expected returns and takes up 9.3268% volatility of returns over 90 trading days. Put another way, 83% of traded pink sheets are less volatile than Eco, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eco (Atlantic) Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eco (Atlantic)'s investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Eco Oil Gas, and traders can use it to determine the average amount a Eco (Atlantic)'s price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0248
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| Negative Returns | ECAOF |
Estimated Market Risk
| 9.33 actual daily | 83 83% of assets are less volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eco (Atlantic) is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eco (Atlantic) by adding Eco (Atlantic) to a well-diversified portfolio.
Eco (Atlantic) Fundamentals Growth
Eco Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Eco (Atlantic), and Eco (Atlantic) fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eco Pink Sheet performance.
| Return On Equity | -0.51 | |||
| Return On Asset | -0.27 | |||
| Operating Margin | (335.97) % | |||
| Current Valuation | 72.22 M | |||
| Shares Outstanding | 365.92 M | |||
| Price To Earning | (6.04) X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 1,341 X | |||
| EBITDA | (5.25 M) | |||
| Cash And Equivalents | 38.81 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 357.44 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.18 X | |||
| Cash Flow From Operations | (4.63 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 45.87 M | |||
About Eco (Atlantic) Performance
By analyzing Eco (Atlantic)'s fundamental ratios, stakeholders can gain valuable insights into Eco (Atlantic)'s financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eco (Atlantic) has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eco (Atlantic) has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. Eco Atlantic is traded on OTC Exchange in the United States.Things to note about Eco (Atlantic) performance evaluation
Checking the ongoing alerts about Eco (Atlantic) for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Eco (Atlantic) help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eco (Atlantic) generated a negative expected return over the last 90 days | |
| Eco (Atlantic) has high historical volatility and very poor performance | |
| Eco (Atlantic) has some characteristics of a very speculative penny stock | |
| Eco (Atlantic) has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.56 M) with loss before overhead, payroll, taxes, and interest of (1.93 M). | |
| Eco Oil Gas has accumulated about 38.81 M in cash with (4.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Roughly 31.0% of the company shares are held by company insiders |
- Analyzing Eco (Atlantic)'s financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eco (Atlantic)'s stock is overvalued or undervalued compared to its peers.
- Examining Eco (Atlantic)'s industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eco (Atlantic)'s management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eco (Atlantic)'s management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eco (Atlantic)'s pink sheet. These opinions can provide insight into Eco (Atlantic)'s potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eco Pink Sheet 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.
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