Ecolab Backtesting

Ecolab Inc -- USA Stock  

USD 136.42  4.17  3.15%

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
 Time Horizon     30 Days    Login   to change

Ecolab 'What if' Analysis

February 22, 2018
No Change 0.00  0.0%
In 30 days
March 24, 2018
If you would invest  0.00  in Ecolab on February 22, 2018 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 Verisk Analytics, 58 com, Automatic Data, and Alliance Data. Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide

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 0.1028 which denotes Ecolab Inc had 0.1028% 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 972.65, Mean Deviation of 0.8202 and Downside Deviation of 1.07 to check if risk estimate we provide are consistent with the epected return of 0.102%. Ecolab has performance score of 6 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1735 which denotes to the fact that as returns on market increase, returns on owning Ecolab are expected to decrease at a much smaller rate. During bear market, Ecolab is likely to outperform the market.. 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 0.102% will be sustainable into the future. Ecolab Inc right now shows a risk of 0.9923%. 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(0.71) 

Almost perfect reverse predictability

Ecolab Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Ecolab time series from February 22, 2018 to March 9, 2018 and March 9, 2018 to March 24, 2018. 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 -0.71 indicates that around 71.0% 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 -0.71
Spearman Rank Test 0.25
Price Variance 2.34
Lagged Price Variance 3.07

Ecolab Lagged Returns

 Regressed Prices 

Ecolab Performance vs DOW

The median price of Ecolab for the period between Thu, Feb 22, 2018 and Sat, Mar 24, 2018 is 134.12 with a coefficient of variation of 2.36. The daily time series for the period is distributed with a sample standard deviation of 3.14, arithmetic mean of 133.36, and mean deviation of 2.78. The Stock received some media coverage during the period.
 Price Growth (%)  
Payment of 721 shares by Lewis Diana D of Ecolab subject to ...03/23/2018