ECGI Holdings' market value is the price at which a share of ECGI Holdings trades on a public exchange. It measures the collective expectations of ECGI Holdings investors about its performance. ECGI Holdings is trading at 0.001 as of the 7th of January 2025. This is a 16.67 percent decrease since the beginning of the trading day. The stock's open price was 0.0012. With this module, you can estimate the performance of a buy and hold strategy of ECGI Holdings and determine expected loss or profit from investing in ECGI Holdings over a given investment horizon. Check out ECGI Holdings Correlation, ECGI Holdings Volatility and ECGI Holdings Alpha and Beta module to complement your research on ECGI Holdings.
Please note, there is a significant difference between ECGI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ECGI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECGI Holdings' 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.
ECGI Holdings '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 ECGI Holdings' pink sheet 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 ECGI Holdings.
0.00
12/08/2024
No Change 0.00
0.0
In 30 days
01/07/2025
0.00
If you would invest 0.00 in ECGI Holdings on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding ECGI Holdings or generate 0.0% return on investment in ECGI Holdings over 30 days. ECGI Holdings is related to or competes with Kenon Holdings, Virtus Investment, Atmos Energy, Suburban Propane, Top Frontier, SLR Investment, and AG Mortgage. ECGI Holdings, Inc., through its subsidiary, operates in the cardiac medical device innovation, patient monitoring, and ... More
ECGI Holdings 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 ECGI Holdings' pink sheet 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 ECGI Holdings 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 ECGI Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECGI Holdings' standard deviation. In reality, there are many statistical measures that can use ECGI Holdings historical prices to predict the future ECGI Holdings' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ECGI Holdings. Your research has to be compared to or analyzed against ECGI Holdings' peers to derive any actionable benefits. When done correctly, ECGI Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ECGI Holdings.
ECGI Holdings Backtested Returns
ECGI Holdings appears to be out of control, given 3 months investment horizon. ECGI Holdings secures Sharpe Ratio (or Efficiency) of 0.0345, which denotes the company had a 0.0345% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for ECGI Holdings, which you can use to evaluate the volatility of the entity. Please utilize ECGI Holdings' mean deviation of 9.15, and Downside Deviation of 19.42 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ECGI Holdings holds a performance score of 2. The firm shows a Beta (market volatility) of -1.96, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ECGI Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, ECGI Holdings is expected to outperform it. Please check ECGI Holdings' coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether ECGI Holdings' price patterns will revert.
Auto-correlation
-0.26
Weak reverse predictability
ECGI Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between ECGI Holdings time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 ECGI Holdings price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current ECGI Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
0.2
Residual Average
0.0
Price Variance
0.0
ECGI Holdings lagged returns against current returns
Autocorrelation, which is ECGI Holdings pink sheet'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 ECGI Holdings' pink sheet expected returns. We can calculate the autocorrelation of ECGI Holdings returns to help us make a trade decision. For example, suppose you find that ECGI Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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
ECGI Holdings 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 ECGI Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECGI Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECGI Holdings pink sheet over time.
Current vs Lagged Prices
Timeline
ECGI Holdings Lagged Returns
When evaluating ECGI Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECGI Holdings pink sheet have on its future price. ECGI Holdings 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, ECGI Holdings autocorrelation shows the relationship between ECGI Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ECGI Holdings.
ECGI Holdings financial ratios help investors to determine whether ECGI Pink Sheet 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 ECGI with respect to the benefits of owning ECGI Holdings security.