Ecopetrol (Germany) Price on October 10, 2024

ECHA Stock   7.78  0.10  1.30%   
If you're considering investing in Ecopetrol Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ecopetrol stands at 7.78, as last reported on the 23rd of November, with the highest price reaching 7.78 and the lowest price hitting 7.70 during the day. Ecopetrol SA secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Ecopetrol SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecopetrol's Variance of 4.31, standard deviation of 2.08, and Mean Deviation of 1.63 to check the risk estimate we provide.
  
Ecopetrol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1123

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Estimated Market Risk

 2.07
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ecopetrol is not performing at its full potential. However, 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 Ecopetrol by adding Ecopetrol to a well-diversified portfolio.

Ecopetrol Valuation on October 10, 2024

It is possible to determine the worth of Ecopetrol on a given historical date. On October 10, 2024 Ecopetrol was worth 7.88 at the beginning of the trading date compared to the closed value of 7.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecopetrol stock. Still, in general, we apply an absolute valuation method to find Ecopetrol'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 Ecopetrol where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecopetrol's related companies.
 Open High Low Close Volume
  7.82    7.84    7.78    7.78    1.00  
10/10/2024
  7.88    7.96    7.86    7.96    1.00  
  7.96    8.00    7.96    7.96    1.00  
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Open Value
7.88
7.96
Closing Value
14.09
Upside

Ecopetrol Trading Date Momentum on October 10, 2024

On October 11 2024 Ecopetrol SA was traded for  7.96  at the closing time. The highest price during the trading period was 8.00  and the lowest recorded bid was listed for  7.96 . There was no trading activity during the period 1.0. Lack of trading volume on October 11, 2024 did not affect price variability. The overall trading delta to the current price is 5.28% .

Ecopetrol SA Fundamentals Correlations and Trends

By evaluating Ecopetrol'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 Ecopetrol's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecopetrol financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ecopetrol Stock history

Ecopetrol 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 Ecopetrol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecopetrol SA 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 Ecopetrol stock prices may prove useful in developing a viable investing in Ecopetrol

Ecopetrol Stock Technical Analysis

Ecopetrol 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.
A focus of Ecopetrol technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ecopetrol trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ecopetrol Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ecopetrol SA cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart Exchange. 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.

Ecopetrol November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Ecopetrol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecopetrol shares will generate the highest return on investment. By undertsting and applying Ecopetrol stock market strength indicators, traders can identify Ecopetrol SA entry and exit signals to maximize returns

Ecopetrol Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ecopetrol's price direction in advance. Along with the technical and fundamental analysis of Ecopetrol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecopetrol 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.

Additional Tools for Ecopetrol Stock Analysis

When running Ecopetrol's price analysis, check to measure Ecopetrol'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 Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.