Ecolab (Germany) Market Value
| ECJ Stock | EUR 233.20 4.40 1.92% |
| Symbol | Ecolab |
Ecolab '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 Ecolab'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 Ecolab.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ecolab on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ecolab Inc or generate 0.0% return on investment in Ecolab over 90 days. Ecolab is related to or competes with Retail Estates, Alaska Air, COSTCO WHOLESALE, Norwegian Air, NORWEGIAN AIR, LAir Liquide, and QLEANAIR. Ecolab Inc. provides water, hygiene, and energy technologies and services worldwide More
Ecolab 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 Ecolab'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 Ecolab Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0732 | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.28 |
Ecolab Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecolab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecolab's standard deviation. In reality, there are many statistical measures that can use Ecolab historical prices to predict the future Ecolab's volatility.| Risk Adjusted Performance | 0.0025 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.1556 | |||
| Treynor Ratio | (0.15) |
Ecolab Inc Backtested Returns
Ecolab Inc secures Sharpe Ratio (or Efficiency) of -0.0121, which denotes the company had a -0.0121 % return per unit of risk over the last 3 months. Ecolab Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecolab's Variance of 1.78, mean deviation of 0.9819, and Standard Deviation of 1.33 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0741, which means not very significant fluctuations relative to the market. As returns on the market increase, Ecolab's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecolab is expected to be smaller as well. At this point, Ecolab Inc has a negative expected return of -0.0168%. Please make sure to confirm Ecolab's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Ecolab Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Ecolab Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ecolab time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ecolab Inc price movement. The serial correlation of -0.18 indicates that over 18.0% of current Ecolab price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 49.96 |
Ecolab Inc lagged returns against current returns
Autocorrelation, which is Ecolab 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 Ecolab's stock expected returns. We can calculate the autocorrelation of Ecolab returns to help us make a trade decision. For example, suppose you find that Ecolab 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 |
Ecolab 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 Ecolab stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecolab stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecolab stock over time.
Current vs Lagged Prices |
| Timeline |
Ecolab Lagged Returns
When evaluating Ecolab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecolab stock have on its future price. Ecolab 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, Ecolab autocorrelation shows the relationship between Ecolab stock current value and its past values and can show if there is a momentum factor associated with investing in Ecolab Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Ecolab Stock
When determining whether Ecolab Inc is a strong investment it is important to analyze Ecolab's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ecolab's future performance. For an informed investment choice regarding Ecolab Stock, refer to the following important reports:Check out Ecolab Correlation, Ecolab Volatility and Ecolab Alpha and Beta module to complement your research on Ecolab. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Ecolab technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.