Eclectic Bar's market value is the price at which a share of Eclectic Bar trades on a public exchange. It measures the collective expectations of Eclectic Bar Group investors about its performance. Eclectic Bar is trading at 47.00 as of the 8th of January 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 46.98. With this module, you can estimate the performance of a buy and hold strategy of Eclectic Bar Group and determine expected loss or profit from investing in Eclectic Bar over a given investment horizon. Check out Eclectic Bar Correlation, Eclectic Bar Volatility and Eclectic Bar Alpha and Beta module to complement your research on Eclectic Bar.
Please note, there is a significant difference between Eclectic Bar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eclectic Bar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eclectic Bar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Eclectic Bar '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 Eclectic Bar'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 Eclectic Bar.
0.00
01/14/2024
No Change 0.00
0.0
In 11 months and 27 days
01/08/2025
0.00
If you would invest 0.00 in Eclectic Bar on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Eclectic Bar Group or generate 0.0% return on investment in Eclectic Bar over 360 days. Eclectic Bar is related to or competes with Abingdon Health, Bet At, JB Hunt, Eco Animal, Omega Healthcare, Ecclesiastical Insurance, and Gaztransport. Eclectic Bar is entity of United Kingdom More
Eclectic Bar 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 Eclectic Bar'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 Eclectic Bar Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eclectic Bar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eclectic Bar's standard deviation. In reality, there are many statistical measures that can use Eclectic Bar historical prices to predict the future Eclectic Bar's volatility.
Eclectic Bar is somewhat reliable given 3 months investment horizon. Eclectic Bar Group secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Eclectic Bar Mean Deviation of 3.6, variance of 150.36, and Standard Deviation of 12.26 to evaluate company specific risk that cannot be diversified away. Eclectic Bar holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eclectic Bar are expected to decrease at a much lower rate. During the bear market, Eclectic Bar is likely to outperform the market. Use Eclectic Bar information ratio, potential upside, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to analyze future returns on Eclectic Bar.
Auto-correlation
0.47
Average predictability
Eclectic Bar Group has average predictability. Overlapping area represents the amount of predictability between Eclectic Bar time series from 14th of January 2024 to 12th of July 2024 and 12th of July 2024 to 8th of January 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 Eclectic Bar Group price movement. The serial correlation of 0.47 indicates that about 47.0% of current Eclectic Bar price fluctuation can be explain by its past prices.
Correlation Coefficient
0.47
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
59.06
Eclectic Bar Group lagged returns against current returns
Autocorrelation, which is Eclectic Bar 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 Eclectic Bar's stock expected returns. We can calculate the autocorrelation of Eclectic Bar returns to help us make a trade decision. For example, suppose you find that Eclectic Bar 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
Eclectic Bar 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 Eclectic Bar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eclectic Bar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eclectic Bar stock over time.
Current vs Lagged Prices
Timeline
Eclectic Bar Lagged Returns
When evaluating Eclectic Bar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eclectic Bar stock have on its future price. Eclectic Bar 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, Eclectic Bar autocorrelation shows the relationship between Eclectic Bar stock current value and its past values and can show if there is a momentum factor associated with investing in Eclectic Bar Group.
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.
Eclectic Bar financial ratios help investors to determine whether Eclectic 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 Eclectic with respect to the benefits of owning Eclectic Bar security.