Ecoslops (France) Market Value
| ALESA Stock | EUR 0.74 0.05 7.25% |
| Symbol | Ecoslops |
Ecoslops '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 Ecoslops' 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 Ecoslops.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Ecoslops on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Ecoslops SA or generate 0.0% return on investment in Ecoslops over 30 days. Ecoslops is related to or competes with BIO UV, Glob Bioenergi, Voltalia, and Crossject. Ecoslops SA produces recycled marine fuels from oil residues More
Ecoslops 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 Ecoslops' 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 Ecoslops SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.34 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 7.25 |
Ecoslops Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecoslops' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecoslops' standard deviation. In reality, there are many statistical measures that can use Ecoslops historical prices to predict the future Ecoslops' volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (2.41) |
Ecoslops SA Backtested Returns
Ecoslops SA secures Sharpe Ratio (or Efficiency) of -0.0254, which denotes the company had a -0.0254% return per unit of risk over the last 3 months. Ecoslops SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecoslops' Mean Deviation of 2.56, variance of 13.32, and Standard Deviation of 3.65 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0181, which means not very significant fluctuations relative to the market. As returns on the market increase, Ecoslops' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecoslops is expected to be smaller as well. At this point, Ecoslops SA has a negative expected return of -0.0926%. Please make sure to confirm Ecoslops' maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Ecoslops SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Ecoslops SA has below average predictability. Overlapping area represents the amount of predictability between Ecoslops time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ecoslops SA price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Ecoslops price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ecoslops SA lagged returns against current returns
Autocorrelation, which is Ecoslops 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 Ecoslops' stock expected returns. We can calculate the autocorrelation of Ecoslops returns to help us make a trade decision. For example, suppose you find that Ecoslops 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 |
Ecoslops 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 Ecoslops stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecoslops stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecoslops stock over time.
Current vs Lagged Prices |
| Timeline |
Ecoslops Lagged Returns
When evaluating Ecoslops' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecoslops stock have on its future price. Ecoslops 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, Ecoslops autocorrelation shows the relationship between Ecoslops stock current value and its past values and can show if there is a momentum factor associated with investing in Ecoslops SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Ecoslops Stock Analysis
When running Ecoslops' price analysis, check to measure Ecoslops' 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 Ecoslops is operating at the current time. Most of Ecoslops' value examination focuses on studying past and present price action to predict the probability of Ecoslops' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecoslops' price. Additionally, you may evaluate how the addition of Ecoslops to your portfolios can decrease your overall portfolio volatility.