Ecotel Communication (Germany) Market Value
| E4C Stock | 13.60 0.20 1.49% |
| Symbol | Ecotel |
Ecotel Communication '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 Ecotel Communication'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 Ecotel Communication.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Ecotel Communication on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding ecotel communication ag or generate 0.0% return on investment in Ecotel Communication over 720 days. Ecotel Communication is related to or competes with AIR PRODCHEMICALS, PennyMac Mortgage, TRADELINK ELECTRON, QURATE RETAIL, CDL INVESTMENT, and Salesforce. More
Ecotel Communication 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 Ecotel Communication'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 ecotel communication ag upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0619 | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 3.11 |
Ecotel Communication Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecotel Communication's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecotel Communication's standard deviation. In reality, there are many statistical measures that can use Ecotel Communication historical prices to predict the future Ecotel Communication's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | 0.0853 | |||
| Sortino Ratio | 0.055 | |||
| Treynor Ratio | 0.404 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecotel Communication's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ecotel communication Backtested Returns
Currently, ecotel communication ag is very steady. ecotel communication secures Sharpe Ratio (or Efficiency) of 0.0512, which denotes the company had a 0.0512% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ecotel communication ag, which you can use to evaluate the volatility of the firm. Please confirm Ecotel Communication's Risk Adjusted Performance of 0.0604, semi deviation of 0.9353, and Downside Deviation of 1.56 to check if the risk estimate we provide is consistent with the expected return of 0.0734%. Ecotel Communication has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Ecotel Communication's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecotel Communication is expected to be smaller as well. ecotel communication right now shows a risk of 1.44%. Please confirm ecotel communication downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if ecotel communication will be following its price patterns.
Auto-correlation | 0.57 |
Modest predictability
ecotel communication ag has modest predictability. Overlapping area represents the amount of predictability between Ecotel Communication time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 ecotel communication price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Ecotel Communication price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 1.7 |
ecotel communication lagged returns against current returns
Autocorrelation, which is Ecotel Communication 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 Ecotel Communication's stock expected returns. We can calculate the autocorrelation of Ecotel Communication returns to help us make a trade decision. For example, suppose you find that Ecotel Communication 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 |
Ecotel Communication 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 Ecotel Communication stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecotel Communication stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecotel Communication stock over time.
Current vs Lagged Prices |
| Timeline |
Ecotel Communication Lagged Returns
When evaluating Ecotel Communication's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecotel Communication stock have on its future price. Ecotel Communication 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, Ecotel Communication autocorrelation shows the relationship between Ecotel Communication stock current value and its past values and can show if there is a momentum factor associated with investing in ecotel communication ag.
Regressed Prices |
| Timeline |
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Additional Tools for Ecotel Stock Analysis
When running Ecotel Communication's price analysis, check to measure Ecotel Communication's 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 Ecotel Communication is operating at the current time. Most of Ecotel Communication's value examination focuses on studying past and present price action to predict the probability of Ecotel Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecotel Communication's price. Additionally, you may evaluate how the addition of Ecotel Communication to your portfolios can decrease your overall portfolio volatility.