Ecolab Backtesting

Ecolab Inc -- USA Stock  

USD 134.37  0.63  0.47%

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

Ecolab 'What if' Analysis

November 14, 2017
No Change 0.00  0.0%
In 31 days
December 14, 2017
If you would invest  0.00  in Ecolab on November 14, 2017 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 Visa, Vantiv, Verisk Analytics, 58 com, Automatic Data, and Alliance Data. Ecolab Inc operates in three segments Global Industrial, Global Institutional, and Global Energy

Ecolab Upside/Downside Indicators


Ecolab Market Premium Indicators

Ecolab Inc lagged returns against current returns

 Current and Lagged Values 

Ecolab regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ecolab Inc Backtested Returns

We consider Ecolab not too risky. Ecolab Inc secures Sharpe Ratio (or Efficiency) of 0.1506 which denotes Ecolab Inc had 0.1506% 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. We have found twenty-one technical indicators for Ecolab Inc which you can use to evaluate future volatility of the firm. Please confirm Ecolab Inc Coefficient Of Variation of 664.1, Mean Deviation of 0.529 and Downside Deviation of 0.5613 to check if risk estimate we provide are consistent with the epected return of 0.1039%. Ecolab has performance score of 9 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7832 which denotes to the fact that as returns on market increase, Ecolab returns are expected to increase less than the market. However during bear market, the loss on holding Ecolab will be expected to be smaller as well.. Although it is extremely important to respect Ecolab Inc historical returns, it is better to be realistic regarding the information on 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. By reviewing Ecolab Inc technical indicators you can presently evaluate if the expected return of 0.1039% will be sustainable into the future. Ecolab Inc right now shows a risk of 0.6901%. Please confirm Ecolab Inc Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Ecolab Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.39) 

Poor reverse predictability

Ecolab Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Ecolab time series from November 14, 2017 to November 29, 2017 and November 29, 2017 to December 14, 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 Ecolab Inc price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Ecolab price fluctuation can be explain by its past prices. Given that Ecolab Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ecolab for similar time interval.
Correlation Coefficient -0.39
Spearman Rank Test -0.35
Price Variance 0.95
Lagged Price Variance 1.6

Ecolab Lagged Returns

 Regressed Prices 

Ecolab Performance vs DOW

The median price of Ecolab for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 134.67 with a coefficient of variation of 1.5. The daily time series for the period is distributed with a sample standard deviation of 2.01, arithmetic mean of 134.09, and mean deviation of 1.69. The Stock received some media coverage during the period.
Price Growth (%)  
ECL Ex-Dividend Reminder - 12181712/14/2017