Ecopro BM (Korea) Market Value
| 247540 Stock | KRW 111,300 500.00 0.45% |
| Symbol | Ecopro |
Ecopro BM '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 Ecopro BM'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 Ecopro BM.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Ecopro BM on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Ecopro BM Co or generate 0.0% return on investment in Ecopro BM over 90 days. Ecopro BM is related to or competes with LF, and Ecopro. Ltd. develops and sells cathode materials used in batteries in Korea and internationally More
Ecopro BM 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 Ecopro BM'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 Ecopro BM Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 20.41 | |||
| Value At Risk | (8.62) | |||
| Potential Upside | 7.11 |
Ecopro BM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecopro BM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecopro BM's standard deviation. In reality, there are many statistical measures that can use Ecopro BM historical prices to predict the future Ecopro BM's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.2102 | |||
| Treynor Ratio | (1.52) |
Ecopro BM Backtested Returns
Ecopro BM secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Ecopro BM Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecopro BM's Mean Deviation of 3.05, variance of 16.86, and Standard Deviation of 4.11 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Ecopro BM's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecopro BM is expected to be smaller as well. At this point, Ecopro BM has a negative expected return of -0.0236%. Please make sure to confirm Ecopro BM's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Ecopro BM performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Ecopro BM Co has virtually no predictability. Overlapping area represents the amount of predictability between Ecopro BM 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 Ecopro BM price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Ecopro BM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 68.6 M |
Ecopro BM lagged returns against current returns
Autocorrelation, which is Ecopro BM 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 Ecopro BM's stock expected returns. We can calculate the autocorrelation of Ecopro BM returns to help us make a trade decision. For example, suppose you find that Ecopro BM 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 |
Ecopro BM 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 Ecopro BM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecopro BM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecopro BM stock over time.
Current vs Lagged Prices |
| Timeline |
Ecopro BM Lagged Returns
When evaluating Ecopro BM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecopro BM stock have on its future price. Ecopro BM 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, Ecopro BM autocorrelation shows the relationship between Ecopro BM stock current value and its past values and can show if there is a momentum factor associated with investing in Ecopro BM Co.
Regressed Prices |
| Timeline |
Other Information on Investing in Ecopro Stock
Ecopro BM financial ratios help investors to determine whether Ecopro 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 Ecopro with respect to the benefits of owning Ecopro BM security.