With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ecopetrol S A and determine expected loss or profit from investing in Ecopetrol over given investment horizon. Additionally see Ecopetrol Hype Analysis, Ecopetrol Correlation, Ecopetrol Valuation, Ecopetrol Volatility as well as analyze Ecopetrol Alpha and Beta and Ecopetrol Performance.
|Horizon||30 Days Login to change|
Ecopetrol 'What if' Analysis
October 19, 20180.00
December 18, 20180.00
If you would invest 0.00 in Ecopetrol on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Ecopetrol S A or generate 0.0% return on investment in Ecopetrol over 60 days. Ecopetrol is related to or competes with Eni SPA, Adams Resources, BP plc, EQT GP, Equinor ASA, and Cenovus Energy. Ecopetrol S.A. operates as an integrated oil and gas company
Ecopetrol Upside/Downside Indicators
Ecopetrol Market Premium Indicators
Ecopetrol S A Backtested Returns
Macroaxis considers Ecopetrol to be not very volatile. Ecopetrol S A secures Sharpe Ratio (or Efficiency) of -0.3026 which denotes Ecopetrol S A had -0.3026% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Ecopetrol S A exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ecopetrol S A Coefficient Of Variation of
(400.68) and Mean Deviation of 2.21 to check risk estimate we provide. Macroaxis gives Ecopetrol performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.0206 which denotes to the fact that Ecopetrol returns are very sensitive to returns on the market. as market goes up or down, Ecopetrol is expected to follow.. Even though it is essential to pay attention to Ecopetrol S A historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ecopetrol S A exposes twenty-one different technical indicators which can help you to evaluate its performance. Ecopetrol S A has expected return of -0.8147%. Please be advised to confirm Ecopetrol S A Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Ecopetrol S A past performance will be repeated at some point in the near future.
|15 days auto-correlation||0.48|
|Spearman Rank Test||0.54|
Ecopetrol S A lagged returns against current returns
Current and Lagged Values
Ecopetrol regressed lagged prices vs. current prices
Current vs Lagged Prices
Ecopetrol Lagged Returns
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
|All Next||Launch Portfolio Optimization|
Additionally see Ecopetrol Hype Analysis, Ecopetrol Correlation, Ecopetrol Valuation, Ecopetrol Volatility as well as analyze Ecopetrol Alpha and Beta and Ecopetrol Performance. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.