Ecopetrol S Backtesting

Ecopetrol S A -- USA Stock  

USD 12.84  0.07  0.54%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ecopetrol S A and determine expected loss or profit from investing in Ecopetrol S over given investment horizon. Additionally see Ecopetrol S Hype Analysis, Ecopetrol S Correlation, Ecopetrol S Valuation, Ecopetrol S Volatility as well as analyze Ecopetrol S Alpha and Beta and Ecopetrol S Performance
Investment Horizon     30 Days    Login   to change

Ecopetrol S 'What if' Analysis

November 16, 2017
No Change 0.00  0.0%
In 31 days
December 16, 2017
If you would invest  0.00  in Ecopetrol S on November 16, 2017 and sell it all today you would earn a total of 0.00 from holding Ecopetrol S A or generate 0.0% return on investment in Ecopetrol S over 30 days. Ecopetrol S is related to or competes with Antero Resources, BP plc, CJ Energy, Delek US, Diamond Offshore, and . It operates through the Exploration and Production Transportation and Logistics Refining Petrochemicals and Biofuels seg...

Ecopetrol S Upside/Downside Indicators


Ecopetrol S Market Premium Indicators

Ecopetrol S A lagged returns against current returns

 Current and Lagged Values 

Ecopetrol S regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ecopetrol S A Backtested Returns

Macroaxis considers Ecopetrol S not very risky given 1 month investment horizon. Ecopetrol S A secures Sharpe Ratio (or Efficiency) of 0.3545 which denotes Ecopetrol S A had 0.3545% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By reviewing Ecopetrol S A technical indicators you can presently evaluate if the expected return of 0.5082% is justified by implied risk. Please utilize Ecopetrol S A Coefficient Of Variation of 281.8, Mean Deviation of 1.12 and Downside Deviation of 1.63 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Ecopetrol S holds performance score of 23. The firm shows Beta (market volatility) of -0.8706 which denotes to the fact that . Although it is vital to follow to Ecopetrol S A historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for Ecopetrol S A which you can use to evaluate performance of the firm. Please utilizes Ecopetrol S A Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to make a quick decision on weather Ecopetrol S price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.19 

Very weak predictability

Ecopetrol S A has very weak predictability. Overlapping area represents the amount of predictability between Ecopetrol S time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ecopetrol S A price movement. The serial correlation of 0.19 indicates that over 19.0% of current Ecopetrol S price fluctuation can be explain by its past prices.
Correlation Coefficient 0.19
Spearman Rank Test 0.32
Price Variance 0.21
Lagged Price Variance 0.02

Ecopetrol S Lagged Returns

 Regressed Prices 

Ecopetrol S Performance vs DOW

The median price of Ecopetrol S for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 11.86 with a coefficient of variation of 3.86. The daily time series for the period is distributed with a sample standard deviation of 0.46, arithmetic mean of 11.97, and mean deviation of 0.37. The Stock received some media coverage during the period.
Price Growth (%)  
Does Ecopetrol SA Have More Gas After Making 52-Week High12/11/2017