Eco Depot OTC Stock Alpha and Beta Analysis

ECDP -  USA Stock  

USD 0.88  0.01  1.15%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eco Depot. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eco Depot over a specified time horizon. Remember, high Eco Depot's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Eco Depot Backtesting, Eco Depot Valuation, Eco Depot Correlation, Eco Depot Hype Analysis, Eco Depot Volatility, Eco Depot History and analyze Eco Depot Performance.

Eco Depot Beta 

 
Refresh
Please note that although Eco Depot alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Eco Depot did 0.12  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Eco Depot stock's relative risk over its benchmark. Eco Depot has a beta of 1.75  . Let's try to break down what Eco Depot's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eco Depot will likely underperform.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Eco Depot Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eco Depot market risk premium is the additional return an investor will receive from holding Eco Depot long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eco Depot. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eco Depot's performance over market.
α-0.12   β1.75
90 days against DJI

Eco Depot expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eco Depot's Buy-and-hold return. Our buy-and-hold chart shows how Eco Depot performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Eco Depot Market Price Analysis

Market price analysis indicators help investors to evaluate how Eco Depot otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Depot shares will generate the highest return on investment. By understating and applying Eco Depot otc stock market price indicators, traders can identify Eco Depot position entry and exit signals to maximize returns.

Eco Depot Return and Market Media

The median price of Eco Depot for the period between Tue, Jul 27, 2021 and Mon, Oct 25, 2021 is 0.99 with a coefficient of variation of 19.57. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 1.0, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Eco Depot Inc is pleased to announce the Official Launch of ...08/03/2021
2
Cyberlux Corporation stock in a Range After The Big Jump - T...08/09/2021
3
Eco Depot Closes At 1.08, May Bounce Higher As Bronya Climat...08/17/2021
4
Eco Depot hires new President and CEO to continue Business D...09/14/2021
5
Eco Depot Announces Acquisition of Development One Nanotechn...09/22/2021
6
Eco Depot Newly Acquired Development One Nanotechnologies An...09/30/2021
7
American Resources Stock Sees value Buying At Lower Level - ...10/05/2021
8
Top News Guide - Page 148 of 148 - - Top News Guide10/12/2021
9
Integrity Health Corporation Stock Suddenly Jumps 75 percent...10/21/2021

About Eco Depot Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Eco Depot has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Eco Depot Investors Sentiment

The influence of Eco Depot's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eco Depot. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ECDP

Eco Depot Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Eco Depot. What is your opinion about investing in Eco Depot? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Build Portfolio with Eco Depot

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to Eco Depot Backtesting, Eco Depot Valuation, Eco Depot Correlation, Eco Depot Hype Analysis, Eco Depot Volatility, Eco Depot History and analyze Eco Depot Performance. Note that the Eco Depot information on this page should be used as a complementary analysis to other Eco Depot'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Eco Depot OTC Stock analysis

When running Eco Depot price analysis, check to measure Eco Depot'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 Eco Depot is operating at the current time. Most of Eco Depot's value examination focuses on studying past and present price action to predict the probability of Eco Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eco Depot's price. Additionally, you may evaluate how the addition of Eco Depot to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Eco Depot technical otc 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.
A focus of Eco Depot technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eco Depot trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...