Ecoplus Stock Market Value
| ECPL Stock | USD 0.02 0.00 0.00% |
| Symbol | EcoPlus |
EcoPlus '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 EcoPlus' 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 EcoPlus.
| 03/12/2023 |
| 01/30/2025 |
If you would invest 0.00 in EcoPlus on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding EcoPlus or generate 0.0% return on investment in EcoPlus over 690 days. EcoPlus is related to or competes with LanzaTech Global, Aqua Metals, LiCycle Holdings, and Waste Management. EcoPlus Inc. provides a solution for managing fats, oils, and grease from food service establishments and food processor... More
EcoPlus 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 EcoPlus' 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 EcoPlus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1037 | |||
| Maximum Drawdown | 159.54 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 7.69 |
EcoPlus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EcoPlus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EcoPlus' standard deviation. In reality, there are many statistical measures that can use EcoPlus historical prices to predict the future EcoPlus' volatility.| Risk Adjusted Performance | 0.1006 | |||
| Jensen Alpha | 1.7 | |||
| Total Risk Alpha | 0.3281 | |||
| Treynor Ratio | 0.7176 |
EcoPlus Backtested Returns
EcoPlus is out of control given 3 months investment horizon. EcoPlus secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We were able to interpolate data for eighteen different technical indicators, which can help you to evaluate if expected returns of 2.21% are justified by taking the suggested risk. Use EcoPlus Variance of 307.83, standard deviation of 17.55, and Mean Deviation of 5.79 to evaluate company specific risk that cannot be diversified away. EcoPlus holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.64, 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, EcoPlus will likely underperform. Use EcoPlus variance, potential upside, as well as the relationship between the Potential Upside and day typical price , to analyze future returns on EcoPlus.
Auto-correlation | 0.11 |
Insignificant predictability
EcoPlus has insignificant predictability. Overlapping area represents the amount of predictability between EcoPlus time series from 12th of March 2023 to 20th of February 2024 and 20th of February 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EcoPlus price movement. The serial correlation of 0.11 indicates that less than 11.0% of current EcoPlus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EcoPlus lagged returns against current returns
Autocorrelation, which is EcoPlus 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 EcoPlus' pink sheet expected returns. We can calculate the autocorrelation of EcoPlus returns to help us make a trade decision. For example, suppose you find that EcoPlus 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 |
EcoPlus 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 EcoPlus pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EcoPlus pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EcoPlus pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EcoPlus Lagged Returns
When evaluating EcoPlus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EcoPlus pink sheet have on its future price. EcoPlus 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, EcoPlus autocorrelation shows the relationship between EcoPlus pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EcoPlus.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in EcoPlus Pink Sheet
EcoPlus financial ratios help investors to determine whether EcoPlus 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 EcoPlus with respect to the benefits of owning EcoPlus security.