Eco Oil Gas Stock Market Value
| ECAOF Stock | USD 0.14 0.02 16.67% |
| Symbol | Eco |
Eco Oil '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 Eco Oil's pink sheet 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 Eco Oil.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Eco Oil on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Eco Oil Gas or generate 0.0% return on investment in Eco Oil over 90 days. Eco Oil is related to or competes with Africa Oil, CGX Energy, Frontera Energy, and Africa Energy. Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas,... More
Eco Oil 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 Eco Oil's pink sheet 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 Eco Oil Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.06 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 16.67 |
Eco Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eco Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eco Oil's standard deviation. In reality, there are many statistical measures that can use Eco Oil historical prices to predict the future Eco Oil's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.819 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0454 | |||
| Treynor Ratio | (0.68) |
Eco Oil Gas Backtested Returns
Eco Oil appears to be out of control, given 3 months investment horizon. Eco Oil Gas secures Sharpe Ratio (or Efficiency) of 0.0872, which denotes the company had a 0.0872 % return per unit of risk over the last 3 months. By reviewing Eco Oil's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Eco Oil's Downside Deviation of 12.06, coefficient of variation of 1191.84, and Mean Deviation of 4.85 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eco Oil holds a performance score of 6. The firm shows a Beta (market volatility) of -1.0, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Eco Oil are expected to decrease slowly. On the other hand, during market turmoil, Eco Oil is expected to outperform it slightly. Please check Eco Oil's downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Eco Oil's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Eco Oil Gas has modest reverse predictability. Overlapping area represents the amount of predictability between Eco Oil time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Eco Oil Gas price movement. The serial correlation of -0.48 indicates that about 48.0% of current Eco Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eco Oil Gas lagged returns against current returns
Autocorrelation, which is Eco Oil pink sheet'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 Eco Oil's pink sheet expected returns. We can calculate the autocorrelation of Eco Oil returns to help us make a trade decision. For example, suppose you find that Eco Oil has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Eco Oil 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 Eco Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eco Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eco Oil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eco Oil Lagged Returns
When evaluating Eco Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eco Oil pink sheet have on its future price. Eco Oil 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, Eco Oil autocorrelation shows the relationship between Eco Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eco Oil Gas.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eco Pink Sheet
Eco Oil financial ratios help investors to determine whether Eco Pink Sheet 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 Eco with respect to the benefits of owning Eco Oil security.