Ecolab (Mexico) Market Value
| ECL Stock | MXN 4,945 0.00 0.00% |
| Symbol | Ecolab |
Ecolab '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 Ecolab's 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 Ecolab.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ecolab on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ecolab Inc or generate 0.0% return on investment in Ecolab over 540 days. Ecolab is related to or competes with Costco Wholesale, GMxico Transportes, Capital One, Genworth Financial, Micron Technology, Delta Air, and Grupo Sports. Ecolab Inc. provides water, hygiene, and infection prevention solutions and services worldwide More
Ecolab 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 Ecolab's 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 Ecolab Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.07 | |||
| Potential Upside | 0.2249 |
Ecolab Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecolab's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecolab's standard deviation. In reality, there are many statistical measures that can use Ecolab historical prices to predict the future Ecolab's volatility.| Risk Adjusted Performance | 0.1483 | |||
| Jensen Alpha | 0.0799 | |||
| Total Risk Alpha | 0.0132 | |||
| Treynor Ratio | (41.91) |
Ecolab Inc Backtested Returns
At this stage we consider Ecolab Stock to be very steady. Ecolab Inc secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Ecolab Inc, which you can use to evaluate the volatility of the firm. Please confirm Ecolab's Variance of 0.1947, standard deviation of 0.4412, and Mean Deviation of 0.1703 to check if the risk estimate we provide is consistent with the expected return of 0.0183%. Ecolab has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0019, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ecolab are expected to decrease at a much lower rate. During the bear market, Ecolab is likely to outperform the market. Ecolab Inc right now shows a risk of 0.13%. Please confirm Ecolab Inc jensen alpha, kurtosis, relative strength index, as well as the relationship between the potential upside and day median price , to decide if Ecolab Inc will be following its price patterns.
Auto-correlation | 0.66 |
Good predictability
Ecolab Inc has good predictability. Overlapping area represents the amount of predictability between Ecolab time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Ecolab Inc price movement. The serial correlation of 0.66 indicates that around 66.0% of current Ecolab price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 231.6 K |
Ecolab Inc lagged returns against current returns
Autocorrelation, which is Ecolab 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 Ecolab's stock expected returns. We can calculate the autocorrelation of Ecolab returns to help us make a trade decision. For example, suppose you find that Ecolab 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 |
Ecolab 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 Ecolab stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecolab stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecolab stock over time.
Current vs Lagged Prices |
| Timeline |
Ecolab Lagged Returns
When evaluating Ecolab's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecolab stock have on its future price. Ecolab 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, Ecolab autocorrelation shows the relationship between Ecolab stock current value and its past values and can show if there is a momentum factor associated with investing in Ecolab Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ecolab Stock Analysis
When running Ecolab's price analysis, check to measure Ecolab'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 Ecolab is operating at the current time. Most of Ecolab's value examination focuses on studying past and present price action to predict the probability of Ecolab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecolab's price. Additionally, you may evaluate how the addition of Ecolab to your portfolios can decrease your overall portfolio volatility.