Eagle Etf Profile

ECCX -  USA Etf  

USD 25.26  0.03  0.12%

Market Performance
5 of 100
Odds Of Distress
Less than 49
Eagle Point is trading at 25.26 as of the 27th of January 2022; that is -0.12 percent down since the beginning of the trading day. The etf's open price was 25.29. Eagle Point has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Eagle Point Credit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of December 2021 and ending today, the 27th of January 2022. Click here to learn more.
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States. Eagle Point is traded on BATS Exchange in USA.. The company has 18.09 M outstanding shares. More on Eagle Point Credit

Eagle Point Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Eagle Point's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eagle Point or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Eagle Point Credit currently holds about 19.69 M in cash with (61.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92.
Legal NameEagle Point Credit
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Eagle Point's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Average Daily Volume In Three Month4.86k
Average Daily Volume Last 10 Day11.52k
Eagle Point Credit [ECCX] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM). Eagle Point Credit currently holds about 19.69 M in cash with (61.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92.
Check Eagle Point Probability Of Bankruptcy

Eagle Point Target Price Odds Analysis

What are Eagle Point's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Eagle Point jumping above the current price in 90 days from now is about 81.83%. The Eagle Point Credit probability density function shows the probability of Eagle Point etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Eagle Point has a beta of 0.088 suggesting as returns on the market go up, Eagle Point average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eagle Point Credit will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eagle Point Credit is significantly underperforming DOW.
 Odds Down 25.26HorizonTargetOdds Up 25.26 
16.69%90 days
 25.26 
81.83%
Based on a normal probability distribution, the odds of Eagle Point to move above the current price in 90 days from now is about 81.83 (This Eagle Point Credit probability density function shows the probability of Eagle Etf to fall within a particular range of prices over 90 days) .

Eagle Point Top Holders

Eagle Point Credit Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eagle Point market risk premium is the additional return an investor will receive from holding Eagle Point long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eagle Point. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eagle Point's alpha and beta are two of the key measurements used to evaluate Eagle Point's performance over the market, the standard measures of volatility play an important role as well.

Eagle Point Credit Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Eagle Point Price Natural Logarithm is logarithm with base 'e' where e is equal to 2.718281828. It is applied on the entire Eagle Point Credit pricing series. View also all equity analysis or get more info about price natural logarithm math transform indicator.

Eagle Point Against Markets

Picking the right benchmark for Eagle Point etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eagle Point etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eagle Point is critical whether you are bullish or bearish towards Eagle Point Credit at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eagle Point without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Investing Opportunities. Note that the Eagle Point Credit information on this page should be used as a complementary analysis to other Eagle Point'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Eagle Etf analysis

When running Eagle Point Credit price analysis, check to measure Eagle Point'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 Eagle Point is operating at the current time. Most of Eagle Point's value examination focuses on studying past and present price action to predict the probability of Eagle Point's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eagle Point's price. Additionally, you may evaluate how the addition of Eagle Point to your portfolios can decrease your overall portfolio volatility.
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The market value of Eagle Point Credit is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Point's value that differs from its market value or its book value, called intrinsic value, which is Eagle Point'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 Eagle Point's market value can be influenced by many factors that don't directly affect Eagle Point'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 Eagle Point's value and its price as these two are different measures arrived at by different means. Investors typically determine Eagle Point value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Point'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.