Ecoloclean Industrs Stock Market Value
Ecoloclean Industrs' market value is the price at which a share of Ecoloclean Industrs trades on a public exchange. It measures the collective expectations of Ecoloclean Industrs investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Ecoloclean Industrs and determine expected loss or profit from investing in Ecoloclean Industrs over a given investment horizon. Check out Ecoloclean Industrs Correlation, Ecoloclean Industrs Volatility and Ecoloclean Industrs Alpha and Beta module to complement your research on Ecoloclean Industrs. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.
| Symbol | Ecoloclean |
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecoloclean Industrs. If investors know Ecoloclean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecoloclean Industrs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 7.213 | Return On Assets (0.91) |
The market value of Ecoloclean Industrs is measured differently than its book value, which is the value of Ecoloclean that is recorded on the company's balance sheet. Investors also form their own opinion of Ecoloclean Industrs' value that differs from its market value or its book value, called intrinsic value, which is Ecoloclean Industrs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecoloclean Industrs' market value can be influenced by many factors that don't directly affect Ecoloclean Industrs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ecoloclean Industrs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecoloclean Industrs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecoloclean Industrs' 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.
Ecoloclean Industrs '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 Ecoloclean Industrs' 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 Ecoloclean Industrs.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Ecoloclean Industrs on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ecoloclean Industrs or generate 0.0% return on investment in Ecoloclean Industrs over 30 days. Ecoloclean Industrs is related to or competes with U Haul, United Rentals, Vestis, HE Equipment, AerCap Holdings, Rivian Automotive, and Herc Holdings. Ecoloclean Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of machines for the tre... More
Ecoloclean Industrs 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 Ecoloclean Industrs' 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 Ecoloclean Industrs upside and downside potential and time the market with a certain degree of confidence.
Ecoloclean Industrs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecoloclean Industrs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecoloclean Industrs' standard deviation. In reality, there are many statistical measures that can use Ecoloclean Industrs historical prices to predict the future Ecoloclean Industrs' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecoloclean Industrs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ecoloclean Industrs Backtested Returns
We have found zero technical indicators for Ecoloclean Industrs, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Ecoloclean Industrs are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Ecoloclean Industrs has no correlation between past and present. Overlapping area represents the amount of predictability between Ecoloclean Industrs time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ecoloclean Industrs price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ecoloclean Industrs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ecoloclean Industrs lagged returns against current returns
Autocorrelation, which is Ecoloclean Industrs 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 Ecoloclean Industrs' stock expected returns. We can calculate the autocorrelation of Ecoloclean Industrs returns to help us make a trade decision. For example, suppose you find that Ecoloclean Industrs 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 |
Ecoloclean Industrs 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 Ecoloclean Industrs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecoloclean Industrs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecoloclean Industrs stock over time.
Current vs Lagged Prices |
| Timeline |
Ecoloclean Industrs Lagged Returns
When evaluating Ecoloclean Industrs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecoloclean Industrs stock have on its future price. Ecoloclean Industrs 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, Ecoloclean Industrs autocorrelation shows the relationship between Ecoloclean Industrs stock current value and its past values and can show if there is a momentum factor associated with investing in Ecoloclean Industrs.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ecoloclean Industrs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ecoloclean Industrs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ecoloclean Industrs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ecoloclean Industrs Stock:Check out Ecoloclean Industrs Correlation, Ecoloclean Industrs Volatility and Ecoloclean Industrs Alpha and Beta module to complement your research on Ecoloclean Industrs. For more detail on how to invest in Ecoloclean Stock please use our How to Invest in Ecoloclean Industrs guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Ecoloclean Industrs 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.