ECOLAB INC 325 Market Value
| 278865BD1 | 95.58 0.64 0.67% |
| 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 bond 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ECOLAB on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ECOLAB INC 325 or generate 0.0% return on investment in ECOLAB over 30 days. ECOLAB is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. 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 bond 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 325 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4515 |
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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.4228 |
ECOLAB INC 325 Backtested Returns
ECOLAB INC 325 secures Sharpe Ratio (or Efficiency) of -0.0271, which denotes the bond had a -0.0271% return per unit of risk over the last 3 months. ECOLAB INC 325 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ECOLAB's Standard Deviation of 0.7941, coefficient of variation of (5,042), and Mean Deviation of 0.2977 to check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0609, 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.
Auto-correlation | 0.40 |
Average predictability
ECOLAB INC 325 has average predictability. Overlapping area represents the amount of predictability between ECOLAB time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 325 price movement. The serial correlation of 0.4 indicates that just about 40.0% of current ECOLAB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
ECOLAB INC 325 lagged returns against current returns
Autocorrelation, which is ECOLAB bond'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 bond 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 bond 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ECOLAB bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ECOLAB bond 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 bond 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 bond current value and its past values and can show if there is a momentum factor associated with investing in ECOLAB INC 325.
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.Other Information on Investing in ECOLAB Bond
ECOLAB financial ratios help investors to determine whether ECOLAB Bond 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 ECOLAB with respect to the benefits of owning ECOLAB security.