Aditya Birla (India) Market Value

ABSLAMC Stock   848.95  19.60  2.26%   
Aditya Birla's market value is the price at which a share of Aditya Birla trades on a public exchange. It measures the collective expectations of Aditya Birla Sun investors about its performance. Aditya Birla is trading at 848.95 as of the 4th of December 2024, a 2.26 percent decrease since the beginning of the trading day. The stock's open price was 868.55.
With this module, you can estimate the performance of a buy and hold strategy of Aditya Birla Sun and determine expected loss or profit from investing in Aditya Birla over a given investment horizon. Check out Aditya Birla Correlation, Aditya Birla Volatility and Aditya Birla Alpha and Beta module to complement your research on Aditya Birla.
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Please note, there is a significant difference between Aditya Birla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aditya Birla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aditya Birla's 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.

Aditya Birla '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 Aditya Birla'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 Aditya Birla.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Aditya Birla on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Aditya Birla Sun or generate 0.0% return on investment in Aditya Birla over 180 days. Aditya Birla is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Vardhman Holdings, Summit Securities, and N B. Aditya Birla is entity of India. It is traded as Stock on NSE exchange. More

Aditya Birla 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 Aditya Birla'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 Aditya Birla Sun upside and downside potential and time the market with a certain degree of confidence.

Aditya Birla Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aditya Birla's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aditya Birla's standard deviation. In reality, there are many statistical measures that can use Aditya Birla historical prices to predict the future Aditya Birla's volatility.
Hype
Prediction
LowEstimatedHigh
764.06873.12875.62
Details
Intrinsic
Valuation
LowRealHigh
710.62713.12933.85
Details
Naive
Forecast
LowNextHigh
892.20894.70897.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
5.335.435.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aditya Birla. Your research has to be compared to or analyzed against Aditya Birla's peers to derive any actionable benefits. When done correctly, Aditya Birla's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aditya Birla Sun.

Aditya Birla Sun Backtested Returns

Aditya Birla appears to be very steady, given 3 months investment horizon. Aditya Birla Sun secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aditya Birla Sun, which you can use to evaluate the volatility of the firm. Please makes use of Aditya Birla's Risk Adjusted Performance of 0.0863, mean deviation of 1.72, and Downside Deviation of 1.9 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aditya Birla holds a performance score of 8. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aditya Birla's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aditya Birla is expected to be smaller as well. Please check Aditya Birla's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Aditya Birla's price patterns will revert.

Auto-correlation

    
  0.67  

Good predictability

Aditya Birla Sun has good predictability. Overlapping area represents the amount of predictability between Aditya Birla time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aditya Birla Sun price movement. The serial correlation of 0.67 indicates that around 67.0% of current Aditya Birla price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.63
Residual Average0.0
Price Variance2676.95

Aditya Birla Sun lagged returns against current returns

Autocorrelation, which is Aditya Birla 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 Aditya Birla's stock expected returns. We can calculate the autocorrelation of Aditya Birla returns to help us make a trade decision. For example, suppose you find that Aditya Birla 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  

Aditya Birla 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 Aditya Birla stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aditya Birla stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aditya Birla stock over time.
   Current vs Lagged Prices   
       Timeline  

Aditya Birla Lagged Returns

When evaluating Aditya Birla's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aditya Birla stock have on its future price. Aditya Birla 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, Aditya Birla autocorrelation shows the relationship between Aditya Birla stock current value and its past values and can show if there is a momentum factor associated with investing in Aditya Birla Sun.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Aditya Stock

Aditya Birla financial ratios help investors to determine whether Aditya 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 Aditya with respect to the benefits of owning Aditya Birla security.