Macroaxis Stories

Are Ehave shareholders starting to hold back?

July 7, 2020  By
The objective of this story is to forecast a future value of Ehave using technical analysis. What exactly are Ehave shareholders should expect in August? Ehave is out of control given 1 month investment horizon. Ehave Inc secures Sharpe Ratio (or Efficiency) of 0.0772, which denotes the company had 0.0772% of return per unit of standard deviation over the last month. Our philosophy in predicting the volatility of a stock is to use Ehave Inc market data together with company specific technical indicators. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.11% are justified by taking the suggested risk. Use Ehave mean deviation of 20.34, downside deviation of 23.71, and semi deviation of 19.53 to evaluate company specific risk that cannot be diversified away.
Published over a year ago
View all stories for Ehave | View All Stories

Reviewed by Ellen Johnson

Ehave is UNDERVALUED at 0.27 per share with modest projections ahead. Ehave Inc shows a negative utilization of assets of -53.69 percent, losing $0.5369 for each dollar of assets held by the firm. Unsuccessful asset utilization denotes the company is being less effective with each dollar of assets it shows. Put another way asset utilization of Ehave Inc shows how unproductive it operates for each dollar spent on its assets.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Ehave Inc. Regardless of method or technology, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Ehave

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ehave's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ehave. Your research has to be compared to or analyzed against Ehave's peers to derive any actionable benefits. When done correctly, Ehave's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ehave Inc.

Watch out for price decline

Please consider monitoring Ehave on a daily basis if you are holding a position in it. Ehave is trading at a penny-stock level, and the possibility of delisting is much higher compared to other pink sheets. However, just because the pink sheet is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Ehave stock to be traded above the $1 level to remain listed. If Ehave pink sheet price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Ehave's Liquidity

Ehave financial leverage refers to using borrowed capital as a funding source to finance Ehave Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ehave financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Ehave's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Ehave's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Ehave's total debt and its cash.

How is Ehave allocating its cash?

To perform a cash flow analysis of Ehave, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ehave is receiving and how much cash it distributes out in a given period. The Ehave cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Another angle On Ehave

Ehave retains market capitalization of 7.62 m. The firm reported revenue of 78.26 K. Net Loss for the year was (584.45 K) with loss before overhead, payroll, taxes, and interest of (32.3 K). Ehave Inc is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about Ehave implied risk. Ehave Inc is a potential penny stock. Although Ehave may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ehave Inc. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Is Ehave getting crazy?

Variance is down to 772.61. It may indicate a possible volatility dip. Ehave Inc is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about Ehave implied risk. Ehave Inc is a potential penny stock. Although Ehave may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ehave Inc. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Our Final Take On Ehave

Although some firms within software—application industry are still a little expensive, even after the recent corrections, Ehave may offer a potential longer-term growth to shareholders. All things considered, as of 7th of July 2020, our present 30 days buy-or-sell advice on the firm is Hold. We believe Ehave is undervalued with below average odds of financial distress for the next two years. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither take in new shares of Ehave nor exit your existing holdings in the OTC Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ehave.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Ehave Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com