Eca Marcellus OTC Stock Volatility

ECTM -  USA Stock  

USD 0.77  0.01  1.28%

Eca Marcellus appears to be extremely dangerous, given 3 months investment horizon. Eca Marcellus Trust secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had 0.2% of return per unit of standard deviation over the last 3 months. Our philosophy in predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By reviewing Eca Marcellus Trust technical indicators you can presently evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Eca Marcellus' Downside Deviation of 4.44, semi deviation of 3.39, and Mean Deviation of 3.07 to check if our risk estimates are consistent with your expectations.

Eca Marcellus Volatility 

 
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Eca Marcellus OTC Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Eca Marcellus daily returns, and it is calculated using variance and standard deviation. We also use Eca Marcellus's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Eca Marcellus volatility.

360 Days Market Risk

Extremely Dangerous

Chance of Distress

Quite High

360 Days Economic Sensitivity

Responds to the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Eca Marcellus can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Eca Marcellus at lower prices. For example, an investor can purchase Eca Marcellus stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Eca Marcellus' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Eca Marcellus Market Sensitivity And Downside Risk

Eca Marcellus' beta coefficient measures the volatility of Eca Marcellus otc stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Eca Marcellus otc stock's returns against your selected market. In other words, Eca Marcellus's beta of 1.21 provides an investor with an approximation of how much risk Eca Marcellus otc stock can potentially add to one of your existing portfolios.
Let's try to break down what Eca Marcellus'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, Eca Marcellus will likely underperform.
3 Months Beta |Analyze Eca Marcellus Trust Demand Trend
Check current 90 days Eca Marcellus correlation with market (DOW)

Eca Marcellus Beta

    
  1.21  
Eca Marcellus standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  3.81  
It is essential to understand the difference between upside risk (as represented by Eca Marcellus's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Eca Marcellus stock's daily returns or price. Since the actual investment returns on holding a position in Eca Marcellus stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Eca Marcellus.

Eca Marcellus Trust OTC Stock Volatility Analysis

Volatility refers to the frequency at which Eca Marcellus stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Eca Marcellus' price changes. Investors will then calculate the volatility of Eca Marcellus' stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Eca Marcellus' volatility:

Historical Volatility

This type of stock volatility measures Eca Marcellus' fluctuations based on previous trends. It's commonly used to predict Eca Marcellus' future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Eca Marcellus' current market price. This means that the stock will return to its initially predicted market price.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Eca Marcellus Trust Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Eca Marcellus Projected Return Density Against Market

Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.2085 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eca Marcellus will likely underperform.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eca Marcellus or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eca Marcellus stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eca Marcellus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.5178, implying that it can generate a 0.52 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Eca Marcellus' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Eca Marcellus stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Eca Marcellus OTC Stock Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eca Marcellus or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eca Marcellus stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eca Marcellus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Given the investment horizon of 90 days the coefficient of variation of Eca Marcellus is 510.31. The daily returns are distributed with a variance of 14.55 and standard deviation of 3.81. The mean deviation of Eca Marcellus Trust is currently at 3.05. For similar time horizon, the selected benchmark (DOW) has volatility of 0.7
α
Alpha over DOW
0.52
β
Beta against DOW1.21
σ
Overall volatility
3.81
Ir
Information ratio 0.13

Eca Marcellus OTC Stock Return Volatility

Eca Marcellus historical daily return volatility represents how much Eca Marcellus stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company inherits 3.8141% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.7191% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Eca Marcellus Volatility

Volatility is a rate at which the price of Eca Marcellus or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Eca Marcellus may increase or decrease. In other words, similar to Eca Marcellus's beta indicator, it measures the risk of Eca Marcellus and helps estimate the fluctuations that may happen in a short period of time. So if prices of Eca Marcellus fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America . ECA Marcellus Trust I was incorporated in 2010 and is based in Houston, Texas. Eca Marcellus operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange.

Eca Marcellus Investment Opportunity

Eca Marcellus Trust has a volatility of 3.81 and is 5.29 times more volatile than DOW. 32  of all equities and portfolios are less risky than Eca Marcellus. Compared to the overall equity markets, volatility of historical daily returns of Eca Marcellus Trust is lower than 32 () of all global equities and portfolios over the last 90 days. Use Eca Marcellus Trust to protect your portfolios against small market fluctuations. The otc stock experiences a bearish sentiment with high volatility. Check odds of Eca Marcellus to be traded at $0.7469 in 90 days. . Let's try to break down what Eca Marcellus'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, Eca Marcellus will likely underperform.

Modest diversification

The correlation between Eca Marcellus Trust and DJI is Modest diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eca Marcellus Trust and DJI in the same portfolio assuming nothing else is changed.

Eca Marcellus Additional Risk Indicators

The analysis of Eca Marcellus' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Eca Marcellus' investment and either accepting that risk or mitigating it. Along with some common measures of Eca Marcellus stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.1048
Market Risk Adjusted Performance0.4571
Mean Deviation3.07
Semi Deviation3.39
Downside Deviation4.44
Coefficient Of Variation727.71
Standard Deviation4.0
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Eca Marcellus Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Eca Marcellus as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Eca Marcellus' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Eca Marcellus' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Eca Marcellus Trust.
Continue to Investing Opportunities. Note that the Eca Marcellus Trust information on this page should be used as a complementary analysis to other Eca Marcellus' 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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Is Eca Marcellus' 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 Eca Marcellus. If investors know Eca Marcellus 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 Eca Marcellus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eca Marcellus Trust is measured differently than its book value, which is the value of Eca Marcellus that is recorded on the company's balance sheet. Investors also form their own opinion of Eca Marcellus' value that differs from its market value or its book value, called intrinsic value, which is Eca Marcellus' 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 Eca Marcellus' market value can be influenced by many factors that don't directly affect Eca Marcellus' 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 Eca Marcellus' value and its price as these two are different measures arrived at by different means. Investors typically determine Eca Marcellus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eca Marcellus' 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.