Eco Wave Power Stock Performance
| WAVE Stock | USD 7.28 0.31 4.08% |
The firm shows a Beta (market volatility) of -0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eco Wave are expected to decrease at a much lower rate. During the bear market, Eco Wave is likely to outperform the market. At this point, Eco Wave Power has a negative expected return of -0.89%. Please make sure to confirm Eco Wave's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Eco Wave Power 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 Wave Power has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return (4.10) | Five Day Return (6.06) | Year To Date Return (38.10) | Ten Year Return (32.90) | All Time Return (40.81) |
Last Split Factor 1:7 | Last Split Date 2010-06-21 |
1 | Wave Life Sciences Announces Submission of First Clinical Trial Application for WVE-007 in Obesity | 12/23/2024 |
2 | Eco Wave Power Reaches Key Milestone in Portuguese Wave Energy Project, Paving the Way for a 2026 Launch and Global Expansion | 01/13/2025 |
3 | Mid Wave Infrared Sensors Market to Hit USD 20.41 Billion by 2032, Driven by Innovations in Defense, Aerospace, and Industry Research by SNS Insider | 01/28/2025 |
4 | Wave Life Sciences Announces Initiation of Phase 1 INLIGHT Clinical Trial of WVE-007 in Obesity | 02/06/2025 |
5 | Eco Wave Power and Fortune 500 Giant Bharat Petroleum to Tap into Indias 40,000 MW Wave Energy Potential with Landmark MoU | 02/13/2025 |
6 | Alliance Global Partners bullish on Eco Wave Power after MOU to enter India - Yahoo Finance | 02/14/2025 |
7 | Eco Wave Power Commences Infrastructure Enhancements for Portugal Wave Energy Project | 02/27/2025 |
8 | EXCLUSIVE Eco Wave Power 2024 Earnings 22 percent Topline Growth, Narrows Operating Losses | 03/03/2025 |
9 | Acquisition by Avenue Capital Management Ii, L.p. of 139753 shares of Eco Wave at 0.01 subject to Rule 16b-3 | 03/05/2025 |
10 | Crypto Pundit Says Bears Will Continue To Dominate Ethereum Price, Heres For How Long | 03/19/2025 |
| Begin Period Cash Flow | 4.3 M |
Eco |
Eco Wave Relative Risk vs. Return Landscape
If you would invest 1,375 in Eco Wave Power on December 21, 2024 and sell it today you would lose (647.00) from holding Eco Wave Power or give up 47.05% of portfolio value over 90 days. Eco Wave Power is currently does not generate positive expected returns and assumes 6.1561% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Eco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Eco Wave Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eco Wave's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eco Wave Power, and traders can use it to determine the average amount a Eco Wave'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 = -0.1444
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WAVE |
Estimated Market Risk
| 6.16 actual daily | 55 55% of assets are less volatile |
Expected Return
| -0.89 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eco Wave 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 Wave by adding Eco Wave to a well-diversified portfolio.
Eco Wave Fundamentals Growth
Eco Stock prices reflect investors' perceptions of the future prospects and financial health of Eco Wave, and Eco Wave 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 Stock performance.
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.15 | ||||
| Operating Margin | (7.69) % | ||||
| Current Valuation | 35.71 M | ||||
| Shares Outstanding | 5.83 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 5.14 X | ||||
| Price To Sales | 263.96 X | ||||
| Revenue | 168 K | ||||
| Gross Profit | 247 K | ||||
| EBITDA | (1.92 M) | ||||
| Net Income | (2.11 M) | ||||
| Cash And Equivalents | 12.32 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 1.34 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 6.10 X | ||||
| Book Value Per Share | 1.43 X | ||||
| Cash Flow From Operations | (1.82 M) | ||||
| Earnings Per Share | (0.41) X | ||||
| Market Capitalization | 43.82 M | ||||
| Total Asset | 10.68 M | ||||
| Retained Earnings | (15.07 M) | ||||
| Working Capital | 7.21 M | ||||
| Current Asset | 2.66 M | ||||
| Current Liabilities | 9.54 M | ||||
About Eco Wave Performance
By analyzing Eco Wave's fundamental ratios, stakeholders can gain valuable insights into Eco Wave's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eco Wave 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 Wave has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.1 K | 1.2 K | |
| Return On Tangible Assets | (0.19) | (0.20) | |
| Return On Capital Employed | (0.28) | (0.29) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.25) | (0.23) |
Things to note about Eco Wave Power performance evaluation
Checking the ongoing alerts about Eco Wave for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eco Wave Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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 newsbtc.com: Crypto Pundit Says Bears Will Continue To Dominate Ethereum Price, Heres For How Long |
- Analyzing Eco Wave'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 Wave's stock is overvalued or undervalued compared to its peers.
- Examining Eco Wave'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 Wave's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eco Wave's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eco Wave's stock. These opinions can provide insight into Eco Wave's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Eco Stock analysis
When running Eco Wave's price analysis, check to measure Eco Wave'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 Wave is operating at the current time. Most of Eco Wave's value examination focuses on studying past and present price action to predict the probability of Eco Wave'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 Wave's price. Additionally, you may evaluate how the addition of Eco Wave to your portfolios can decrease your overall portfolio volatility.
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