Ecosynthetix Stock Market Value
| ECO Stock | CAD 4.01 0.01 0.25% |
| Symbol | EcoSynthetix |
EcoSynthetix Price To Book Ratio
EcoSynthetix 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EcoSynthetix's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EcoSynthetix.
| 06/14/2025 |
| 07/14/2025 |
If you would invest 0.00 in EcoSynthetix on June 14, 2025 and sell it all today you would earn a total of 0.00 from holding EcoSynthetix or generate 0.0% return on investment in EcoSynthetix over 30 days. EcoSynthetix is related to or competes with California Nanotechnologies, Perimeter Solutions, 5N Plus, Nano One, DIRTT Environmental, Colabor, and TeraGo. EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as re... More
EcoSynthetix Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EcoSynthetix's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EcoSynthetix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.89 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.66 |
EcoSynthetix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EcoSynthetix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EcoSynthetix's standard deviation. In reality, there are many statistical measures that can use EcoSynthetix historical prices to predict the future EcoSynthetix's volatility.| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | 0.0625 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.21) |
EcoSynthetix Backtested Returns
EcoSynthetix secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. EcoSynthetix exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EcoSynthetix's Coefficient Of Variation of 6081.09, mean deviation of 1.59, and Downside Deviation of 2.52 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EcoSynthetix are expected to decrease at a much lower rate. During the bear market, EcoSynthetix is likely to outperform the market. At this point, EcoSynthetix has a negative expected return of -0.0078%. Please make sure to confirm EcoSynthetix's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if EcoSynthetix performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
EcoSynthetix has poor reverse predictability. Overlapping area represents the amount of predictability between EcoSynthetix time series from 14th of June 2025 to 29th of June 2025 and 29th of June 2025 to 14th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EcoSynthetix price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current EcoSynthetix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EcoSynthetix lagged returns against current returns
Autocorrelation, which is EcoSynthetix stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EcoSynthetix's stock expected returns. We can calculate the autocorrelation of EcoSynthetix returns to help us make a trade decision. For example, suppose you find that EcoSynthetix has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
EcoSynthetix regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EcoSynthetix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EcoSynthetix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EcoSynthetix stock over time.
Current vs Lagged Prices |
| Timeline |
EcoSynthetix Lagged Returns
When evaluating EcoSynthetix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EcoSynthetix stock have on its future price. EcoSynthetix autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EcoSynthetix autocorrelation shows the relationship between EcoSynthetix stock current value and its past values and can show if there is a momentum factor associated with investing in EcoSynthetix.
Regressed Prices |
| Timeline |
Pair Trading with EcoSynthetix
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EcoSynthetix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EcoSynthetix will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EcoSynthetix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoSynthetix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EcoSynthetix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EcoSynthetix to buy it.
The correlation of EcoSynthetix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EcoSynthetix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoSynthetix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EcoSynthetix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.