Ecopetrol Sa Adr Stock Price on December 31, 2022
| EC Stock | USD 11.57 0.06 0.52% |
Below is the normalized historical share price chart for Ecopetrol SA ADR extending back to September 18, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ecopetrol stands at 11.57, as last reported on the 23rd of April, with the highest price reaching 11.61 and the lowest price hitting 11.34 during the day.
If you're considering investing in Ecopetrol Stock, it is important to understand the factors that can impact its price. We consider Ecopetrol not too volatile. Ecopetrol SA ADR secures Sharpe Ratio (or Efficiency) of 0.0544, which denotes the company had a 0.0544% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ecopetrol SA ADR, which you can use to evaluate the volatility of the firm. Please confirm Ecopetrol's Coefficient Of Variation of 1950.85, downside deviation of 1.82, and Mean Deviation of 1.28 to check if the risk estimate we provide is consistent with the expected return of 0.0972%.
The current year's Liabilities And Stockholders Equity is expected to grow to about 296.4 T, whereas Common Stock Shares Outstanding is forecasted to decline to about 2 B. . At present, Ecopetrol's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 127.86, whereas Price Earnings Ratio is forecasted to decline to 51.13. Ecopetrol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 2007 | 200 Day MA 11.7527 | 50 Day MA 11.479 | Beta 0.756 |
Ecopetrol |
Sharpe Ratio = 0.0544
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | EC | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Ecopetrol is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ecopetrol by adding it to a well-diversified portfolio.
Price Book 1.2797 | Enterprise Value Ebitda 0.0011 | Price Sales 0.0002 | Shares Float 4.7 B | Wall Street Target Price 13.49 |
Ecopetrol Valuation on December 31, 2022
It is possible to determine the worth of Ecopetrol on a given historical date. On December 31, 2022 Ecopetrol was worth 9.97 at the beginning of the trading date compared to the closed value of 7.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecopetrol stock. Still, in general, we apply an absolute valuation method to find Ecopetrol's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ecopetrol where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecopetrol's related companies.
| Open | High | Low | Close | Volume | |
| 9.91 | 10.11 | 7.64 | 7.64 | 1,360,196 | |
12/30/2022 | 9.97 | 10.64 | 7.98 | 7.98 | 2,934,443 |
| 10.47 | 10.47 | 7.55 | 7.55 | 3,148,472 |
| Backtest Ecopetrol | | | Ecopetrol History | | | Ecopetrol Valuation | Previous | Next |
Ecopetrol Trading Date Momentum on December 31, 2022
| On January 03 2023 Ecopetrol SA ADR was traded for 7.55 at the closing time. The highest price during the trading period was 10.47 and the lowest recorded bid was listed for 7.55 . The volume for the day was 3.1 M. This history from January 3, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.39% . The overall trading delta to the current price is 39.60% . |
Ecopetrol SA ADR Fundamentals Correlations and Trends
By evaluating Ecopetrol's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ecopetrol's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecopetrol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ecopetrol Stock history
Ecopetrol investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ecopetrol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecopetrol SA ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ecopetrol stock prices may prove useful in developing a viable investing in Ecopetrol
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 2 B | |
| Net Income Applicable To Common Shares | 38.4 T | 40.4 T |
Ecopetrol Stock Technical Analysis
Ecopetrol technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ecopetrol Period Price Range
Low | December 30, 2022
| High |
9.97 | 7.98 |
Ecopetrol April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ecopetrol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecopetrol shares will generate the highest return on investment. By undertsting and applying Ecopetrol stock market strength indicators, traders can identify Ecopetrol SA ADR entry and exit signals to maximize returns
| Accumulation Distribution | 733611.0 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.8 | |||
| Day Median Price | 9.31 | |||
| Day Typical Price | 8.87 | |||
| Price Action Indicator | (2.33) | |||
| Period Momentum Indicator | 3.59 |
Ecopetrol Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ecopetrol's price direction in advance. Along with the technical and fundamental analysis of Ecopetrol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecopetrol to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.0149 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.002 | |||
| Treynor Ratio | 0.0929 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ecopetrol SA ADR information on this page should be used as a complementary analysis to other Ecopetrol'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Ecopetrol Stock analysis
When running Ecopetrol's price analysis, check to measure Ecopetrol'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 Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Ecopetrol'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 Ecopetrol. If investors know Ecopetrol 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 Ecopetrol 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 (0.38) | Earnings Share 2.59 | Revenue Per Share 34.8 K | Quarterly Revenue Growth (0.12) | Return On Assets 0.0881 |
The market value of Ecopetrol SA ADR is measured differently than its book value, which is the value of Ecopetrol that is recorded on the company's balance sheet. Investors also form their own opinion of Ecopetrol's value that differs from its market value or its book value, called intrinsic value, which is Ecopetrol'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 Ecopetrol's market value can be influenced by many factors that don't directly affect Ecopetrol'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 Ecopetrol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecopetrol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecopetrol'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.