Ecopetrol S Backtesting

Ecopetrol S A -- USA Stock  

USD 17.88  0.23  1.27%

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 S over given investment horizon. Additionally see Ecopetrol S Hype Analysis, Ecopetrol S Correlation, Ecopetrol S Valuation, Ecopetrol S Volatility as well as analyze Ecopetrol S Alpha and Beta and Ecopetrol S Performance
 Time Horizon     30 Days    Login   to change

Ecopetrol S 'What if' Analysis

February 16, 2018
No Change 0.00  0.0%
In 31 days
March 18, 2018
If you would invest  0.00  in Ecopetrol S on February 16, 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 S over 30 days. Ecopetrol S is related to or competes with Eni SPA, Antero Resources, BP plc, CJ Energy, Delek US, and Diamond Offshore. It operates through three segments Exploration and Production Transport and Logistics and Refining, Petrochemical and Bi...

Ecopetrol S Upside/Downside Indicators


Ecopetrol S Market Premium Indicators

Ecopetrol S A lagged returns against current returns

 Current and Lagged Values 

Ecopetrol S regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ecopetrol S A Backtested Returns

We consider Ecopetrol S not very volatile. Ecopetrol S A secures Sharpe Ratio (or Efficiency) of 0.0904 which denotes Ecopetrol S A had 0.0904% 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 Ecopetrol S A which you can use to evaluate future volatility of the firm. Please confirm Ecopetrol S A Coefficient Of Variation of 971.87, Mean Deviation of 1.48 and Downside Deviation of 2.36 to check if risk estimate we provide are consistent with the epected return of 0.1895%. Ecopetrol S has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.7879 which denotes to the fact that as returns on market increase, returns on owning Ecopetrol S are expected to decrease at a much smaller rate. During bear market, Ecopetrol S is likely to outperform the market.. Although it is extremely important to respect Ecopetrol S A 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 Ecopetrol S A technical indicators you can presently evaluate if the expected return of 0.1895% will be sustainable into the future. Ecopetrol S A right now shows a risk of 2.0973%. Please confirm Ecopetrol S A Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Ecopetrol S A will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.20) 

Insignificant reverse predictability

Ecopetrol S A has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ecopetrol S time series from February 16, 2018 to March 3, 2018 and March 3, 2018 to March 18, 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 Ecopetrol S A price movement. The serial correlation of -0.2 indicates that over 20.0% of current Ecopetrol S price fluctuation can be explain by its past prices. Given that Ecopetrol S A has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ecopetrol S for similar time interval.
Correlation Coefficient -0.2
Spearman Rank Test 0.08
Price Variance 0.08
Lagged Price Variance 0.29

Ecopetrol S Lagged Returns

 Regressed Prices 

Ecopetrol S Performance vs DOW

The median price of Ecopetrol S for the period between Fri, Feb 16, 2018 and Sun, Mar 18, 2018 is 17.56 with a coefficient of variation of 2.46. The daily time series for the period is distributed with a sample standard deviation of 0.43, arithmetic mean of 17.65, and mean deviation of 0.33. The Stock received some media coverage during the period.
 Price Growth (%)  
Carlton Hofferkamp Jenks Wealth Management Lifted TJX Cos Po...03/13/2018