ECB Bancorp Stock Forecast - Rate Of Daily Change
| ECBK Stock | USD 12.65 0.20 1.56% |
ECB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ECB Bancorp stock prices and determine the direction of ECB Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ECB Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although ECB Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ECB Bancorp's systematic risk associated with finding meaningful patterns of ECB Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of ECB Bancorp to cross-verify your projections. ECB |
Most investors in ECB Bancorp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ECB Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ECB Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of ECB Bancorp.| Check ECB Bancorp Volatility | Backtest ECB Bancorp | Information Ratio |
ECB Bancorp Trading Date Momentum
| On April 18 2024 ECB Bancorp was traded for 12.65 at the closing time. The top price for the day was 12.90 and the lowest listed price was 12.63 . The trading volume for the day was 1.5 K. The trading history from April 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.90% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare ECB Bancorp to competition |
Other Forecasting Options for ECB Bancorp
For every potential investor in ECB, whether a beginner or expert, ECB Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ECB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ECB. Basic forecasting techniques help filter out the noise by identifying ECB Bancorp's price trends.ECB Bancorp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ECB Bancorp stock to make a market-neutral strategy. Peer analysis of ECB Bancorp could also be used in its relative valuation, which is a method of valuing ECB Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ECB Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ECB Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ECB Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ECB Bancorp Market Strength Events
Market strength indicators help investors to evaluate how ECB Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ECB Bancorp shares will generate the highest return on investment. By undertsting and applying ECB Bancorp stock market strength indicators, traders can identify ECB Bancorp entry and exit signals to maximize returns.
ECB Bancorp Risk Indicators
The analysis of ECB Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ECB Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ecb stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8173 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.31 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ECB Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ECB Bancorp's short interest history, or implied volatility extrapolated from ECB Bancorp options trading.
Pair Trading with ECB Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ECB Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ECB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with ECB Stock
| 0.68 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.61 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ECB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECB Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ECB Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ECB Bancorp to buy it.
The correlation of ECB Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ECB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ECB Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of ECB Bancorp to cross-verify your projections. For more information on how to buy ECB Stock please use our How to buy in ECB Stock guide.Note that the ECB Bancorp information on this page should be used as a complementary analysis to other ECB Bancorp'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 the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for ECB Stock analysis
When running ECB Bancorp's price analysis, check to measure ECB Bancorp'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 ECB Bancorp is operating at the current time. Most of ECB Bancorp's value examination focuses on studying past and present price action to predict the probability of ECB Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECB Bancorp's price. Additionally, you may evaluate how the addition of ECB Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ECB Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ECB Bancorp. If investors know ECB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ECB Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 0.52 | Revenue Per Share 2.958 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0038 |
The market value of ECB Bancorp is measured differently than its book value, which is the value of ECB that is recorded on the company's balance sheet. Investors also form their own opinion of ECB Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ECB Bancorp'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 ECB Bancorp's market value can be influenced by many factors that don't directly affect ECB Bancorp'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 ECB Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECB Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECB Bancorp'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.