Ecolab (Germany) Price on December 8, 2023
ECJ Stock | EUR 226.80 3.50 1.52% |
If you're considering investing in Ecolab Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ecolab stands at 226.80, as last reported on the 23rd of December, with the highest price reaching 226.80 and the lowest price hitting 225.40 during the day. Ecolab Inc secures Sharpe Ratio (or Efficiency) of -0.0031, which denotes the company had a -0.0031% return per unit of risk over the last 3 months. Ecolab Inc exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ecolab's Mean Deviation of 0.848, downside deviation of 1.01, and Coefficient Of Variation of 5919.74 to check the risk estimate we provide.
Ecolab Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ecolab |
Sharpe Ratio = -0.0031
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Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ecolab is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ecolab by adding Ecolab to a well-diversified portfolio.
Ecolab Valuation on December 8, 2023
It is possible to determine the worth of Ecolab on a given historical date. On December 8, 2023 Ecolab was worth 175.57 at the beginning of the trading date compared to the closed value of 175.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ecolab stock. Still, in general, we apply an absolute valuation method to find Ecolab's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ecolab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ecolab's related companies.
Open | High | Low | Close | Volume | |
173.74 | 175.47 | 173.74 | 175.47 | 88.00 | |
12/08/2023 | 175.57 | 175.57 | 175.57 | 175.57 | 1.00 |
175.32 | 177.54 | 175.32 | 177.54 | 117.00 |
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Ecolab Trading Date Momentum on December 8, 2023
On December 11 2023 Ecolab Inc was traded for 177.54 at the closing time. The highest daily price throughout the period was 177.54 and the lowest price was 175.32 . The daily volume was 117. The net trading volume on 12/11/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.12% . The overall trading delta to current closing price is 1.10% . |
Ecolab Inc Fundamentals Correlations and Trends
By evaluating Ecolab's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ecolab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ecolab financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ecolab Stock history
Ecolab investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ecolab is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ecolab Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ecolab stock prices may prove useful in developing a viable investing in Ecolab
Ecolab Inc. provides water, hygiene, and energy technologies and services worldwide. Ecolab Inc. sells its products through field sales and corporate account personnel, distributors, and dealers. ECOLAB INC operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 49000 people.
Ecolab Stock Technical Analysis
Ecolab technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Ecolab Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Ecolab Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ecolab December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ecolab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ecolab shares will generate the highest return on investment. By undertsting and applying Ecolab stock market strength indicators, traders can identify Ecolab Inc entry and exit signals to maximize returns
Ecolab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ecolab's price direction in advance. Along with the technical and fundamental analysis of Ecolab Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ecolab to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0164 | |||
Jensen Alpha | 0.0044 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0424 |
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When running Ecolab's price analysis, check to measure Ecolab'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 Ecolab is operating at the current time. Most of Ecolab's value examination focuses on studying past and present price action to predict the probability of Ecolab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecolab's price. Additionally, you may evaluate how the addition of Ecolab to your portfolios can decrease your overall portfolio volatility.
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