Eco Wave Power Stock Analysis

WAVE Stock  USD 9.87  0.05  0.51%   
Eco Wave Power is overvalued with Real Value of 7.43 and Hype Value of 10.51. The main objective of Eco Wave stock analysis is to determine its intrinsic value, which is an estimate of what Eco Wave Power is worth, separate from its market price. There are two main types of Eco Wave's stock analysis: fundamental analysis and technical analysis.
The Eco Wave stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Eco Wave's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Eco Wave Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Eco Stock Analysis Notes

The company recorded a loss per share of 0.41. Eco Wave Power had not issued any dividends in recent years. The entity had 1:7 split on the 21st of June 2010. Eco Wave Power Global AB , a wave energy company, engages in the development of a wave energy conversion technology that converts ocean and sea waves into clean electricity. Eco Wave Power Global AB was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel. Eco Wave is traded on NASDAQ Exchange in the United States. For more information please call Inna Braverman at 972 3 509 4017 or visit https://www.ecowavepower.com.

Eco Wave Power Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eco Wave's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eco Wave Power or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Eco Wave Power is way too risky over 90 days horizon
Eco Wave Power appears to be risky and price may revert if volatility continues
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 4 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 benzinga.com: EXCLUSIVE Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israels First Wave Energy Power Plant At Jaffa Port

Eco Wave Power Upcoming and Recent Events

25th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Eco Wave Environmental, Social, and Governance (ESG) Scores

Eco Wave's ESG score is a quantitative measure that evaluates Eco Wave's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Eco Wave's operations that may have significant financial implications and affect Eco Wave's stock price as well as guide investors towards more socially responsible investments.

Eco Wave Thematic Classifications

In addition to having Eco Wave stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Utilities Idea
Utilities
USA Equities from Utilities industry as classified by Fama & French

Eco Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ubs Group Ag2024-06-30
43.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
20.7 K
Ipg Investment Advisors, Llc2024-09-30
11.5 K
Citadel Advisors Llc2024-09-30
11.2 K
Rhumbline Advisers2024-06-30
2.7 K
Wells Fargo & Co2024-06-30
600
Note, although Eco Wave's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Eco Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.77 M.

Eco Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.17)(0.18)
Return On Capital Employed(0.31)(0.32)
Return On Assets(0.17)(0.18)
Return On Equity(0.22)(0.20)

Management Efficiency

Eco Wave Power has return on total asset (ROA) of (0.151) % which means that it has lost $0.151 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2697) %, meaning that it created substantial loss on money invested by shareholders. Eco Wave's management efficiency ratios could be used to measure how well Eco Wave manages its routine affairs as well as how well it operates its assets and liabilities. As of December 1, 2024, Return On Tangible Assets is expected to decline to -0.18. In addition to that, Return On Capital Employed is expected to decline to -0.32. At present, Eco Wave's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 9.2 M, whereas Other Assets are forecasted to decline to 855.00.
Last ReportedProjected for Next Year
Book Value Per Share 1.41  1.30 
Tangible Book Value Per Share 1.41  1.30 
Enterprise Value Over EBITDA(2.34)(2.46)
Price Book Value Ratio 0.87  0.91 
Enterprise Value Multiple(2.34)(2.46)
Price Fair Value 0.87  0.91 
Enterprise Value3.8 M3.6 M
The leadership approach at Eco Wave's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Operating Margin
(7.69)
Beta
(0.70)
Return On Assets
(0.15)
Return On Equity
(0.27)

Technical Drivers

As of the 1st of December, Eco Wave shows the Coefficient Of Variation of 580.84, downside deviation of 9.14, and Mean Deviation of 8.07. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eco Wave, as well as the relationship between them. Please confirm Eco Wave Power information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Eco Wave Power is priced favorably, providing market reflects its regular price of 9.87 per share. Given that Eco Wave has jensen alpha of 1.98, we urge you to verify Eco Wave Power's prevailing market performance to make sure the company can sustain itself at a future point.

Eco Wave Power Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eco Wave 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 Eco Wave Power. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Eco Wave Power Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Eco Wave insiders, such as employees or executives, is commonly permitted as long as it does not rely on Eco Wave's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Eco Wave insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Eco Wave Outstanding Bonds

Eco Wave issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eco Wave Power uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eco bonds can be classified according to their maturity, which is the date when Eco Wave Power has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Eco Wave Predictive Daily Indicators

Eco Wave 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 Eco Wave 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.

Eco Wave Corporate Filings

6K
26th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
21st of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
18th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
10th of October 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
7th of October 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13th of September 2024
Other Reports
ViewVerify
6K
29th of August 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
8th of August 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Eco Wave Forecast Models

Eco Wave's time-series forecasting models are one of many Eco Wave'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 Eco Wave'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.

About Eco Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eco Wave prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eco Wave. By using and applying Eco Stock analysis, traders can create a robust methodology for identifying Eco entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(6.10)(6.40)
Operating Profit Margin(7.89)(8.28)
Net Loss(5.59)(5.87)
Gross Profit Margin 0.81  0.85 

Be your own money manager

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 Eco Wave to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

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.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Valuation
Check real value of public entities based on technical and fundamental data