Ecolab Inc Stock Market Value
| ECL Stock | USD 232.20 3.50 1.53% |
| Symbol | Ecolab |
Ecolab Inc Price To Book Ratio
Is Ecolab's industry 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 Ecolab. If investors know Ecolab 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 Ecolab 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 0.065 | Dividend Share 2.2 | Earnings Share 5.41 | Revenue Per Share 54.335 | Quarterly Revenue Growth 0.178 |
The market value of Ecolab Inc is measured differently than its book value, which is the value of Ecolab that is recorded on the company's balance sheet. Investors also form their own opinion of Ecolab's value that differs from its market value or its book value, called intrinsic value, which is Ecolab'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 Ecolab's market value can be influenced by many factors that don't directly affect Ecolab'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 Ecolab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecolab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecolab'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.
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.
| 05/04/2024 |
| 06/03/2024 |
If you would invest 0.00 in Ecolab on May 4, 2024 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 30 days. Ecolab is related to or competes with Cabot, and Oil Dri. Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internatio... 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.
| Downside Deviation | 0.8713 | |||
| Information Ratio | 0.0117 | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.53 |
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 | 0.0447 | |||
| Jensen Alpha | 0.0241 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.0766 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ecolab'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.
Ecolab Inc Backtested Returns
We consider Ecolab very steady. Ecolab Inc secures Sharpe Ratio (or Efficiency) of 0.0846, which denotes the company had a 0.0846% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ecolab Inc, which you can use to evaluate the volatility of the firm. Please confirm Ecolab's Downside Deviation of 0.8713, coefficient of variation of 1471.35, and Mean Deviation of 0.6019 to check if the risk estimate we provide is consistent with the expected return of 0.0685%. Ecolab has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ecolab's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecolab is expected to be smaller as well. Ecolab Inc right now shows a risk of 0.81%. Please confirm Ecolab Inc sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Ecolab Inc will be following its price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Ecolab Inc has virtually no predictability. Overlapping area represents the amount of predictability between Ecolab time series from 4th of May 2024 to 19th of May 2024 and 19th of May 2024 to 3rd of June 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 0.03 indicates that only 3.0% of current Ecolab price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 8.07 |
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 |
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Check out Ecolab Correlation, Ecolab Volatility and Ecolab Alpha and Beta module to complement your research on Ecolab. Note that the Ecolab Inc information on this page should be used as a complementary analysis to other Ecolab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary 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.
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Ecolab technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.