Ecovyst Stock Market Value
| ECVT Stock | USD 8.20 0.20 2.50% |
| Symbol | Ecovyst |
Ecovyst Price To Book Ratio
Is Diversified Metals & Mining 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 Ecovyst. If investors know Ecovyst 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 Ecovyst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.45 | Revenue Per Share 5.96 | Quarterly Revenue Growth 0.034 | Return On Assets 0.0338 |
The market value of Ecovyst is measured differently than its book value, which is the value of Ecovyst that is recorded on the company's balance sheet. Investors also form their own opinion of Ecovyst's value that differs from its market value or its book value, called intrinsic value, which is Ecovyst's 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 Ecovyst's market value can be influenced by many factors that don't directly affect Ecovyst's 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 Ecovyst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecovyst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecovyst's 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.
Ecovyst '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 Ecovyst'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 Ecovyst.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Ecovyst on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ecovyst or generate 0.0% return on investment in Ecovyst over 30 days. Ecovyst is related to or competes with Eshallgo, Amtech Systems, Gold Fields, Aegean Airlines, Dorian LPG, Merck, and FormFactor. Ecovyst Inc. provides specialty catalysts and services in the United States, the Netherlands, the United Kingdom, and in... More
Ecovyst 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 Ecovyst'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 Ecovyst upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0614 | |||
| Maximum Drawdown | 17.08 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.55 |
Ecovyst Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecovyst's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecovyst's standard deviation. In reality, there are many statistical measures that can use Ecovyst historical prices to predict the future Ecovyst's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.2801 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0903 | |||
| Treynor Ratio | (2.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecovyst's 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.
Ecovyst Backtested Returns
Ecovyst appears to be somewhat reliable, given 3 months investment horizon. Ecovyst secures Sharpe Ratio (or Efficiency) of 0.0979, which denotes the company had a 0.0979% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ecovyst, which you can use to evaluate the volatility of the firm. Please utilize Ecovyst's Downside Deviation of 1.86, mean deviation of 1.83, and Coefficient Of Variation of 987.13 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ecovyst holds a performance score of 7. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ecovyst are expected to decrease at a much lower rate. During the bear market, Ecovyst is likely to outperform the market. Please check Ecovyst's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Ecovyst's price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Ecovyst has weak reverse predictability. Overlapping area represents the amount of predictability between Ecovyst 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 Ecovyst price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Ecovyst price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ecovyst lagged returns against current returns
Autocorrelation, which is Ecovyst 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 Ecovyst's stock expected returns. We can calculate the autocorrelation of Ecovyst returns to help us make a trade decision. For example, suppose you find that Ecovyst 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 |
Ecovyst 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 Ecovyst stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecovyst stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecovyst stock over time.
Current vs Lagged Prices |
| Timeline |
Ecovyst Lagged Returns
When evaluating Ecovyst's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecovyst stock have on its future price. Ecovyst 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, Ecovyst autocorrelation shows the relationship between Ecovyst stock current value and its past values and can show if there is a momentum factor associated with investing in Ecovyst.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ecovyst Stock Analysis
When running Ecovyst's price analysis, check to measure Ecovyst'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 Ecovyst is operating at the current time. Most of Ecovyst's value examination focuses on studying past and present price action to predict the probability of Ecovyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecovyst's price. Additionally, you may evaluate how the addition of Ecovyst to your portfolios can decrease your overall portfolio volatility.