Ecopro (Korea) Today
Ecopro is trading at 517000.00 as of the 24th of April 2024, a 0.58% increase since the beginning of the trading day. The stock's open price was 514000.0. Equity ratings for Ecopro Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Valuation
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Ecopro Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ecopro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ecopro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Dong Lee |
| Business Concentration | Materials, Chemicals, Materials, Materials (View all Sectors) |
Ecopro Co (086520) is traded on KOSDAQ in Korea and employs 16 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 4.36 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ecopro's market, we take the total number of its shares issued and multiply it by Ecopro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ecopro operates under Chemicals sector and is part of Materials industry. The entity has 22.09 M outstanding shares.
Ecopro Co has accumulated about 291.82 B in cash with (140.63 B) of positive cash flow from operations.
Check Ecopro Probability Of Bankruptcy
Ecopro Stock Price Odds Analysis
What are Ecopro's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ecopro jumping above the current price in 90 days from now is over 95.6%. The Ecopro Co probability density function shows the probability of Ecopro stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ecopro Co has a beta of -0.8446. This suggests as returns on the benchmark increase, returns on holding Ecopro are expected to decrease at a much lower rate. During a bear market, however, Ecopro Co is likely to outperform the market. Additionally, ecopro Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ecopro to move above the current price in 90 days from now is over 95.6 (This Ecopro Co probability density function shows the probability of Ecopro Stock to fall within a particular range of prices over 90 days) .
Ecopro Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ecopro market risk premium is the additional return an investor will receive from holding Ecopro 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 Ecopro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ecopro's alpha and beta are two of the key measurements used to evaluate Ecopro's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.73 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.09 | |||
| Risk Adjusted Performance | (0.02) |
Ecopro Stock Against Markets
Picking the right benchmark for Ecopro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ecopro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ecopro is critical whether you are bullish or bearish towards Ecopro Co at a given time. Please also check how Ecopro's historical prices are related to one of the top price index indicators.
Ecopro Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ecopro stock to make a market-neutral strategy. Peer analysis of Ecopro could also be used in its relative valuation, which is a method of valuing Ecopro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ecopro Corporate Directors
Ecopro corporate directors refer to members of an Ecopro board of directors. The board of directors generally takes responsibility for the Ecopro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ecopro's board members must vote for the resolution. The Ecopro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Ecopro Stock?
Before investing in Ecopro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ecopro. To buy Ecopro stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ecopro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ecopro stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ecopro Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ecopro Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ecopro Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ecopro Co?
The danger of trading Ecopro Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ecopro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ecopro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ecopro is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Ecopro information on this page should be used as a complementary analysis to other Ecopro'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Ecopro Stock analysis
When running Ecopro's price analysis, check to measure Ecopro'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 Ecopro is operating at the current time. Most of Ecopro's value examination focuses on studying past and present price action to predict the probability of Ecopro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopro's price. Additionally, you may evaluate how the addition of Ecopro to your portfolios can decrease your overall portfolio volatility.
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