Eco Depot Stock Alpha and Beta Analysis

ECDP Stock  USD 0.13  0.03  18.75%   
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. Key technical indicators related to Eco Depot's market risk premium analysis include:
Beta
(1.25)
Alpha
0.1
Risk
11.41
Sharpe Ratio
(0.01)
Expected Return
(0.09)
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., NYSE Composite index.) So in this particular case, Eco Depot did 0.10  better 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 1.25  . As returns on the market increase, returns on owning Eco Depot are expected to decrease by larger amounts. On the other hand, during market turmoil, Eco Depot is expected to outperform it. .
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.
  
Check out 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 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.
α0.10   β-1.25

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 pink sheet 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 pink sheet 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 Wed, Dec 20, 2023 and Tue, Mar 19, 2024 is 0.19 with a coefficient of variation of 24.05. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.2, and mean deviation of 0.04. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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 financial instruments including Eco or other pink sheets. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eco Depot in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eco Depot's short interest history, or implied volatility extrapolated from Eco Depot options trading.

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.

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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
Check out 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 the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Eco Pink Sheet analysis

When running Eco Depot's 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 the 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.
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Eco Depot technical pink sheet 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, pink sheet 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...