Ecolab Inc shows Coefficient Of Variation of 972.65, Mean Deviation of 0.8202 and Downside Deviation of 1.07. Ecolab Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Ecolab Inc which can be compared to its rivals. Please confirm Ecolab IncJensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Ecolab Inc is priced favorably providing market reflects its regular price of 136.42 per share. Given that Ecolab has Jensen Alpha of 0.0696, we urge you verify Ecolab Inc prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ecolab Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Ecolab Inc Trend Analysis
Use this graph to draw trend lines for Ecolab Inc. You can use it to identify possible trend reversals for Ecolab as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ecolab price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ecolab Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ecolab Inc applied against its price change over selected period. The best fit line has a slop of 0.41 % which may imply that Ecolab Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 138.53, which is the sum of squared deviations for the predicted Ecolab price change compared to its average price change.
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Ecolab Inc is rated # 5 in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.21 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Ecolab Inc is roughly 1.21