Ecocab (Korea) Price on March 29, 2024
128540 Stock | KRW 1,714 7.00 0.41% |
If you're considering investing in Ecocab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ecocab stands at 1,714, as last reported on the 1st of December, with the highest price reaching 1,913 and the lowest price hitting 1,700 during the day. Ecocab appears to be very steady, given 3 months investment horizon. Ecocab secures Sharpe Ratio (or Efficiency) of 0.0479, which denotes the company had a 0.0479% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ecocab Co, which you can use to evaluate the volatility of the firm. Please utilize Ecocab's Coefficient Of Variation of 2426.93, downside deviation of 4.3, and Mean Deviation of 3.67 to check if our risk estimates are consistent with your expectations.
Ecocab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ecocab |
Sharpe Ratio = 0.0479
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Estimated Market Risk
7.01 actual daily | 62 62% of assets are less volatile |
Expected Return
0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Ecocab is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ecocab by adding it to a well-diversified portfolio.
Ecocab Valuation on March 29, 2024
It is possible to determine the worth of Ecocab on a given historical date. On March 29, 2024 Ecocab was worth 2660.0 at the beginning of the trading date compared to the closed value of 2730.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecocab stock. Still, in general, we apply an absolute valuation method to find Ecocab's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ecocab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecocab's related companies.
Open | High | Low | Close | Volume | |
2,480 | 3,110 | 2,460 | 2,670 | 4,991,545 | |
03/29/2024 | 2,660 | 2,750 | 2,605 | 2,730 | 558,521 |
2,745 | 2,760 | 2,630 | 2,680 | 294,010 |
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Ecocab Trading Date Momentum on March 29, 2024
On April 01 2024 Ecocab Co was traded for 2,680 at the closing time. The highest price during the trading period was 2,760 and the lowest recorded bid was listed for 2,630 . The volume for the day was 294 K. This history from April 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.83% . The overall trading delta to the current price is 5.49% . |
Ecocab Fundamentals Correlations and Trends
By evaluating Ecocab's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ecocab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecocab financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ecocab Stock history
Ecocab investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ecocab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecocab will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ecocab stock prices may prove useful in developing a viable investing in Ecocab
ECOCAB Co., Ltd. manufactures and sells automotive cables in South Korea and internationally. The company was founded in 2004 and is headquartered in Ulsan, South Korea. ECOCAB is traded on Korean Securities Dealers Automated Quotations in South Korea.
Ecocab Stock Technical Analysis
Ecocab 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.
Price Boundaries
Ecocab Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ecocab Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ecocab December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ecocab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecocab shares will generate the highest return on investment. By undertsting and applying Ecocab stock market strength indicators, traders can identify Ecocab Co entry and exit signals to maximize returns
Ecocab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ecocab's price direction in advance. Along with the technical and fundamental analysis of Ecocab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecocab to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0404 | |||
Jensen Alpha | 0.4163 | |||
Total Risk Alpha | (0.85) | |||
Sortino Ratio | 0.0323 | |||
Treynor Ratio | (0.23) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Ecocab Stock analysis
When running Ecocab's price analysis, check to measure Ecocab'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 Ecocab is operating at the current time. Most of Ecocab's value examination focuses on studying past and present price action to predict the probability of Ecocab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecocab's price. Additionally, you may evaluate how the addition of Ecocab to your portfolios can decrease your overall portfolio volatility.
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