Ecgi Holdings Stock Market Value
| ECGI Stock | USD 0 0.0002 22.22% |
| Symbol | ECGI |
ECGI Holdings '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 ECGI Holdings' pink sheet 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 ECGI Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in ECGI Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding ECGI Holdings or generate 0.0% return on investment in ECGI Holdings over 30 days. ECGI Holdings is related to or competes with Sonova Holding, Medtronic PLC, CONMED, Glaukos Corp, Integer Holdings, Orthopediatrics Corp, and LivaNova PLC. ECGI Holdings, Inc., through its subsidiary, operates in the cardiac medical device innovation, patient monitoring, and ... More
ECGI Holdings 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 ECGI Holdings' pink sheet 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 ECGI Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 82.14 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 17.65 |
ECGI Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ECGI Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ECGI Holdings' standard deviation. In reality, there are many statistical measures that can use ECGI Holdings historical prices to predict the future ECGI Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (2.13) | |||
| Treynor Ratio | (0.08) |
ECGI Holdings Backtested Returns
ECGI Holdings secures Sharpe Ratio (or Efficiency) of -0.0246, which denotes the company had a -0.0246% return per unit of return volatility over the last 3 months. ECGI Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ECGI Holdings' standard deviation of 12.11, and Mean Deviation of 7.44 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.73, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ECGI Holdings will likely underperform. At this point, ECGI Holdings has a negative expected return of -0.31%. Please make sure to confirm ECGI Holdings' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if ECGI Holdings performance from the past will be repeated in the future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
ECGI Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between ECGI Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 ECGI Holdings price movement. The serial correlation of -0.13 indicates that less than 13.0% of current ECGI Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ECGI Holdings lagged returns against current returns
Autocorrelation, which is ECGI Holdings pink sheet'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 ECGI Holdings' pink sheet expected returns. We can calculate the autocorrelation of ECGI Holdings returns to help us make a trade decision. For example, suppose you find that ECGI Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
ECGI Holdings 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 ECGI Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECGI Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECGI Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ECGI Holdings Lagged Returns
When evaluating ECGI Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ECGI Holdings pink sheet have on its future price. ECGI Holdings 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, ECGI Holdings autocorrelation shows the relationship between ECGI Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ECGI Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ECGI Pink Sheet
ECGI Holdings financial ratios help investors to determine whether ECGI Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ECGI with respect to the benefits of owning ECGI Holdings security.