ECHO INVESTMENT (Germany) Market Value
| 4I3 Stock | EUR 0.99 0.01 1.02% |
| Symbol | ECHO |
ECHO INVESTMENT '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 ECHO INVESTMENT'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 ECHO INVESTMENT.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ECHO INVESTMENT on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ECHO INVESTMENT ZY or generate 0.0% return on investment in ECHO INVESTMENT over 90 days. ECHO INVESTMENT is related to or competes with DEVRY EDUCATION, DATALOGIC, TAL Education, Cass Information, NTT DATA, Linedata Services, and Data Modul. Echo Investment S.A., through its subsidiaries, engages in the construction, lease, and sale of office, retail, and resi... More
ECHO INVESTMENT 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 ECHO INVESTMENT'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 ECHO INVESTMENT ZY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.0 |
ECHO INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECHO INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECHO INVESTMENT's standard deviation. In reality, there are many statistical measures that can use ECHO INVESTMENT historical prices to predict the future ECHO INVESTMENT's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.1844 | |||
| Treynor Ratio | 1.32 |
ECHO INVESTMENT ZY Backtested Returns
ECHO INVESTMENT ZY secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1 % return per unit of return volatility over the last 3 months. ECHO INVESTMENT ZY exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ECHO INVESTMENT's standard deviation of 1.89, and Mean Deviation of 1.32 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0399, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ECHO INVESTMENT are expected to decrease at a much lower rate. During the bear market, ECHO INVESTMENT is likely to outperform the market. At this point, ECHO INVESTMENT ZY has a negative expected return of -0.17%. Please make sure to confirm ECHO INVESTMENT's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if ECHO INVESTMENT ZY performance from the past will be repeated in the future.
Auto-correlation | 0.43 |
Average predictability
ECHO INVESTMENT ZY has average predictability. Overlapping area represents the amount of predictability between ECHO INVESTMENT time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 ECHO INVESTMENT ZY price movement. The serial correlation of 0.43 indicates that just about 43.0% of current ECHO INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ECHO INVESTMENT ZY lagged returns against current returns
Autocorrelation, which is ECHO INVESTMENT 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 ECHO INVESTMENT's stock expected returns. We can calculate the autocorrelation of ECHO INVESTMENT returns to help us make a trade decision. For example, suppose you find that ECHO INVESTMENT 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 |
ECHO INVESTMENT 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 ECHO INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECHO INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECHO INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
ECHO INVESTMENT Lagged Returns
When evaluating ECHO INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECHO INVESTMENT stock have on its future price. ECHO INVESTMENT 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, ECHO INVESTMENT autocorrelation shows the relationship between ECHO INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in ECHO INVESTMENT ZY.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ECHO Stock
ECHO INVESTMENT financial ratios help investors to determine whether ECHO 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 ECHO with respect to the benefits of owning ECHO INVESTMENT security.