ECIT AS Stock Analysis - 2024 | ECIT.OL - Macroaxis

ECIT AS (Norway) Analysis

ECIT Stock   9.88  0.00  0.00%   
ECIT AS is fairly valued with Real Value of 9.76 and Hype Value of 9.88. The main objective of ECIT AS stock analysis is to determine its intrinsic value, which is an estimate of what ECIT AS is worth, separate from its market price. There are two main types of ECIT AS's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ECIT AS's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ECIT AS's stock to identify patterns and trends that may indicate its future price movements.
The ECIT AS stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECIT AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

ECIT Stock Analysis Notes

The book value of the company was currently reported as 2.81. The company last dividend was issued on the 11th of April 2022. To learn more about ECIT AS call Peter Lauring at 47 22 72 14 14 or check out https://www.ecit.com.

ECIT Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ECIT AS's market, we take the total number of its shares issued and multiply it by ECIT AS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ECIT Profitablity

ECIT AS's profitability indicators refer to fundamental financial ratios that showcase ECIT AS's ability to generate income relative to its revenue or operating costs. If, let's say, ECIT AS is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ECIT AS's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ECIT AS's profitability requires more research than a typical breakdown of ECIT AS's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Technical Drivers

As of the 4th of December, ECIT AS shows the downside deviation of 1.67, and Mean Deviation of 0.513. ECIT AS technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm ECIT AS downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if ECIT AS is priced some-what accurately, providing market reflects its regular price of 9.88 per share.

ECIT AS Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ECIT AS middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ECIT AS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
JavaScript chart by amCharts 3.21.15SepOctNovOct 21Oct 28NovNov 11Nov 18Nov 25Dec9.39.49.59.69.79.89.9 50K100K 42K43K44K45K Show all
JavaScript chart by amCharts 3.21.15ECIT AS Volume ECIT AS Closing Prices Dow Jones Industrial Closing Prices - Benchmark ECIT AS Bollinger Bands - RealUpperBand ECIT AS Bollinger Bands - RealMiddleBand ECIT AS Bollinger Bands - RealLowerBand

ECIT AS Predictive Daily Indicators

ECIT AS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ECIT AS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ECIT AS Forecast Models

ECIT AS's time-series forecasting models are one of many ECIT AS's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ECIT AS's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding ECIT AS to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in ECIT Stock

ECIT AS financial ratios help investors to determine whether ECIT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECIT with respect to the benefits of owning ECIT AS security.