Easycall Communications (Philippines) Market Value
| ECP Stock | 2.49 0.44 21.46% |
| Symbol | Easycall |
Easycall Communications '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 Easycall Communications' 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 Easycall Communications.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Easycall Communications on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Easycall Communications Philippines or generate 0.0% return on investment in Easycall Communications over 390 days. Easycall Communications is related to or competes with Dizon Copper, GT Capital, Allhome Corp, Jollibee Foods, AgriNurture, Robinsons Retail, and Security Bank. More
Easycall Communications 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 Easycall Communications' 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 Easycall Communications Philippines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.97 | |||
| Information Ratio | 0.0744 | |||
| Maximum Drawdown | 70.0 | |||
| Value At Risk | (18.42) | |||
| Potential Upside | 25.0 |
Easycall Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Easycall Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Easycall Communications' standard deviation. In reality, there are many statistical measures that can use Easycall Communications historical prices to predict the future Easycall Communications' volatility.| Risk Adjusted Performance | 0.0691 | |||
| Jensen Alpha | 0.9346 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0798 | |||
| Treynor Ratio | 0.8544 |
Easycall Communications Backtested Returns
Easycall Communications is abnormally volatile given 3 months investment horizon. Easycall Communications secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.07% are justified by taking the suggested risk. Use Easycall Communications Coefficient Of Variation of 1215.79, downside deviation of 11.97, and Mean Deviation of 8.59 to evaluate company specific risk that cannot be diversified away. Easycall Communications holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.22, 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, Easycall Communications will likely underperform. Use Easycall Communications treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to analyze future returns on Easycall Communications.
Auto-correlation | -0.06 |
Very weak reverse predictability
Easycall Communications Philippines has very weak reverse predictability. Overlapping area represents the amount of predictability between Easycall Communications time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th of December 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 Easycall Communications price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Easycall Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Easycall Communications lagged returns against current returns
Autocorrelation, which is Easycall Communications 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 Easycall Communications' stock expected returns. We can calculate the autocorrelation of Easycall Communications returns to help us make a trade decision. For example, suppose you find that Easycall Communications 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 |
Easycall Communications 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 Easycall Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Easycall Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Easycall Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Easycall Communications Lagged Returns
When evaluating Easycall Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Easycall Communications stock have on its future price. Easycall Communications 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, Easycall Communications autocorrelation shows the relationship between Easycall Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Easycall Communications Philippines.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Easycall Stock
Easycall Communications financial ratios help investors to determine whether Easycall Stock 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 Easycall with respect to the benefits of owning Easycall Communications security.