ECOBANK TRANSNATIONAL (Nigeria) Buy Hold or Sell Recommendation
| ETI Stock | 25.50 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding ECOBANK TRANSNATIONAL INCORPORATED is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ECOBANK TRANSNATIONAL INCORPORATED given historical horizon and risk tolerance towards ECOBANK TRANSNATIONAL. When Macroaxis issues a 'buy' or 'sell' recommendation for ECOBANK TRANSNATIONAL INCORPORATED, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. Note, we conduct extensive research on individual companies such as ECOBANK and provide practical buy, sell, or hold advice based on investors' constraints. ECOBANK TRANSNATIONAL INCORPORATED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
ECOBANK |
Execute ECOBANK TRANSNATIONAL Buy or Sell Advice
The ECOBANK recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ECOBANK TRANSNATIONAL INCORPORATED. Macroaxis does not own or have any residual interests in ECOBANK TRANSNATIONAL INCORPORATED or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ECOBANK TRANSNATIONAL's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ECOBANK TRANSNATIONAL thematic classifications
 | BanksAll money banks and credit services |
ECOBANK TRANSNATIONAL Returns Distribution Density
The distribution of ECOBANK TRANSNATIONAL's historical returns is an attempt to chart the uncertainty of ECOBANK TRANSNATIONAL's future price movements. The chart of the probability distribution of ECOBANK TRANSNATIONAL daily returns describes the distribution of returns around its average expected value. We use ECOBANK TRANSNATIONAL INCORPORATED price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ECOBANK TRANSNATIONAL returns is essential to provide solid investment advice for ECOBANK TRANSNATIONAL.
| Mean Return | 0.33 | Value At Risk | 0.00 | Potential Upside | 1.05 | Standard Deviation | 1.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ECOBANK TRANSNATIONAL historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ECOBANK TRANSNATIONAL Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ECOBANK TRANSNATIONAL or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ECOBANK TRANSNATIONAL's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ECOBANK stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.38 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | 0.12 |
ECOBANK TRANSNATIONAL Volatility Alert
ECOBANK TRANSNATIONAL INCORPORATED exhibits very low volatility with skewness of 4.48 and kurtosis of 21.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ECOBANK TRANSNATIONAL's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ECOBANK TRANSNATIONAL's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ECOBANK TRANSNATIONAL Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ECOBANK . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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Additional Tools for ECOBANK Stock Analysis
When running ECOBANK TRANSNATIONAL's price analysis, check to measure ECOBANK TRANSNATIONAL'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 ECOBANK TRANSNATIONAL is operating at the current time. Most of ECOBANK TRANSNATIONAL's value examination focuses on studying past and present price action to predict the probability of ECOBANK TRANSNATIONAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECOBANK TRANSNATIONAL's price. Additionally, you may evaluate how the addition of ECOBANK TRANSNATIONAL to your portfolios can decrease your overall portfolio volatility.