ECM Libra (Malaysia) Market Value
| 2143 Stock | 0.20 0.01 5.26% |
| Symbol | ECM |
ECM Libra 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ECM Libra's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ECM Libra.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in ECM Libra on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding ECM Libra Financial or generate 0.0% return on investment in ECM Libra over 90 days. ECM Libra is related to or competes with Lotte Chemical, MClean Technologies, HeiTech Padu, Nova Wellness, and Aurelius Technologies. More
ECM Libra Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ECM Libra's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ECM Libra Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0789 | |||
| Maximum Drawdown | 32.65 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.88 |
ECM Libra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECM Libra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECM Libra's standard deviation. In reality, there are many statistical measures that can use ECM Libra historical prices to predict the future ECM Libra's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.2543 | |||
| Total Risk Alpha | 0.6515 | |||
| Treynor Ratio | 0.8675 |
ECM Libra Financial Backtested Returns
ECM Libra appears to be out of control, given 3 months investment horizon. ECM Libra Financial secures Sharpe Ratio (or Efficiency) of 0.0856, which denotes the company had a 0.0856 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for ECM Libra Financial, which you can use to evaluate the volatility of the entity. Please utilize ECM Libra's Coefficient Of Variation of 1695.08, standard deviation of 4.07, and Mean Deviation of 1.69 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ECM Libra holds a performance score of 6. The firm shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, ECM Libra's returns are expected to increase less than the market. However, during the bear market, the loss of holding ECM Libra is expected to be smaller as well. Please check ECM Libra's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to make a quick decision on whether ECM Libra's price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
ECM Libra Financial has weak predictability. Overlapping area represents the amount of predictability between ECM Libra time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ECM Libra Financial price movement. The serial correlation of 0.2 indicates that over 20.0% of current ECM Libra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ECM Libra Financial lagged returns against current returns
Autocorrelation, which is ECM Libra stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ECM Libra's stock expected returns. We can calculate the autocorrelation of ECM Libra returns to help us make a trade decision. For example, suppose you find that ECM Libra has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ECM Libra regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ECM Libra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECM Libra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECM Libra stock over time.
Current vs Lagged Prices |
| Timeline |
ECM Libra Lagged Returns
When evaluating ECM Libra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECM Libra stock have on its future price. ECM Libra autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ECM Libra autocorrelation shows the relationship between ECM Libra stock current value and its past values and can show if there is a momentum factor associated with investing in ECM Libra Financial.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ECM Stock
ECM Libra financial ratios help investors to determine whether ECM 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 ECM with respect to the benefits of owning ECM Libra security.