Eco Wave Power Stock Performance
| WAVE Stock | USD 8.29 0.32 3.72% |
The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eco Wave's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eco Wave is expected to be smaller as well. At this point, Eco Wave Power has a negative expected return of -0.0752%. Please make sure to confirm Eco Wave's potential upside, as well as the relationship between the kurtosis and day typical price , 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 rather sound basic indicators, Eco Wave is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return (0.36) | Five Day Return (5.38) | Year To Date Return (29.76) | Ten Year Return (23.87) | All Time Return (32.85) |
Last Split Factor 1:7 | Last Split Date 2010-06-21 |
1 | Acquisition by Avenue Capital Management Ii, L.p. of 7500000 shares of Eco Wave at 0.01 subject to Rule 16b-3 | 12/06/2024 |
2 | Wave Energy Milestone First Grid-Connected Array in the Middle East | 12/09/2024 |
3 | Eco Wave Power Announces Pricing of 3.0 Million Registered Direct Offering to Propel Commercial-Scale Wave Energy Deployment | 12/10/2024 |
4 | Eco Wave Power Announces Closing of 3.0 Million Registered Direct Offering to Accelerate Commercial-Scale Wave Energy Deployment | 12/12/2024 |
5 | Inna Braverman to Speak at Imagination In Action 2025 Architects of the Global Future at Davos World Economic Forum | 12/23/2024 |
6 | Wave Life Sciences Highlights Strategic Priorities and Expected 2025 Milestones Ahead of J.P. Morgan Presentation | 01/13/2025 |
7 | HR Block Reports Fiscal 2025 Second Quarter Results | 02/04/2025 |
8 | YEAR-END REPORT 2024 NEW WAVE GROUP AB | 02/06/2025 |
9 | EXCLUSIVE Eco Wave Power Signs MoU With Indias Bharat Petroleum To Develop Wave Energy | 02/13/2025 |
10 | Eco Wave Power to Present at Centurion One Capital 8th Annual Growth Conference in Toronto | 02/19/2025 |
| Begin Period Cash Flow | 5.3 M |
Eco |
Eco Wave Relative Risk vs. Return Landscape
If you would invest 987.00 in Eco Wave Power on November 29, 2024 and sell it today you would lose (158.00) from holding Eco Wave Power or give up 16.01% of portfolio value over 90 days. Eco Wave Power is currently does not generate positive expected returns and assumes 6.7153% risk (volatility on return distribution) over the 90 days horizon. In different words, 59% 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 = -0.0112
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WAVE |
Estimated Market Risk
| 6.72 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 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 | 42.43 M | ||||
| Shares Outstanding | 5.83 M | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 7.80 X | ||||
| Price To Sales | 172.92 X | ||||
| Revenue | 306 K | ||||
| Gross Profit | 247 K | ||||
| EBITDA | (1.62 M) | ||||
| Net Income | (1.87 M) | ||||
| Cash And Equivalents | 12.32 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 1.2 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 6.10 X | ||||
| Book Value Per Share | 1.43 X | ||||
| Cash Flow From Operations | (2.6 M) | ||||
| Earnings Per Share | (0.41) X | ||||
| Market Capitalization | 43.82 M | ||||
| Total Asset | 10.01 M | ||||
| Retained Earnings | (12.99 M) | ||||
| Working Capital | 6.63 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 | (0.15) | (0.16) | |
| Return On Capital Employed | (0.28) | (0.29) | |
| Return On Assets | (0.15) | (0.16) | |
| 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 306 K. Net Loss for the year was (1.87 M) with profit before overhead, payroll, taxes, and interest of 247 K. | |
| Eco Wave Power currently holds about 12.32 M in cash with (2.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22. | |
| Eco Wave Power has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Eco Wave Power to Present at Centurion One Capital 8th Annual Growth Conference in Toronto |
- 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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