Eagle Etf Performance

ECCX -  USA Etf  

USD 25.41  0.09  0.36%

The etf shows a Beta (market volatility) of 0.1619, which means not very significant fluctuations relative to the market. Let's try to break down what Eagle's beta means in this case. As returns on the market increase, Eagle Point returns are expected to increase less than the market. However, during the bear market, the loss on holding Eagle Point will be expected to be smaller as well. Even though it is essential to pay attention to Eagle Point Credit historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Eagle Point Credit exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Eagle Etf Performance 

 
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Over the last 90 days Eagle Point Credit has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, Eagle Point is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Eagle Price Channel

Eagle Point Relative Risk vs. Return Landscape

If you would invest  2,559  in Eagle Point Credit on July 20, 2021 and sell it today you would lose (18.00)  from holding Eagle Point Credit or give up 0.7% of portfolio value over 90 days. Eagle Point Credit is currently does not generate positive expected returns and assumes 0.4998% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than Eagle, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Eagle Point is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.44 times less risky than the market. the firm trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 of returns per unit of risk over similar time horizon.

Eagle Point Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eagle Point's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Eagle Point Credit, and traders can use it to determine the average amount a Eagle Point's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0196

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Estimated Market Risk
 0.5
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 4 %
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Based on monthly moving average Eagle Point is performing at about 0% 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 Eagle Point by adding it to a well-diversified portfolio.

About Eagle Point Performance

To evaluate Eagle Point Credit Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Eagle Point generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Eagle Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Eagle Point Credit stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Eagle's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Eagle Point Credit

Checking the ongoing alerts about Eagle Point for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eagle Point Credit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Eagle Point Alerts

Equity Alerts and Improvement Suggestions

Eagle Point Credit generated a negative expected return over the last 90 days
Eagle Point Credit has high likelihood to experience some financial distress in the next 2 years
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.
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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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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 Credit underlying business (such as 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.