AGI Greenpac (India) Market Value

AGI Stock   1,133  70.25  6.61%   
AGI Greenpac's market value is the price at which a share of AGI Greenpac trades on a public exchange. It measures the collective expectations of AGI Greenpac Limited investors about its performance. AGI Greenpac is trading at 1133.40 as of the 5th of December 2024, a 6.61 percent increase since the beginning of the trading day. The stock's lowest day price was 1048.0.
With this module, you can estimate the performance of a buy and hold strategy of AGI Greenpac Limited and determine expected loss or profit from investing in AGI Greenpac over a given investment horizon. Check out AGI Greenpac Correlation, AGI Greenpac Volatility and AGI Greenpac Alpha and Beta module to complement your research on AGI Greenpac.
Symbol

Please note, there is a significant difference between AGI Greenpac's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGI Greenpac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGI Greenpac'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.

AGI Greenpac '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 AGI Greenpac'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 AGI Greenpac.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in AGI Greenpac on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding AGI Greenpac Limited or generate 0.0% return on investment in AGI Greenpac over 30 days. AGI Greenpac is related to or competes with Tata Investment, Cantabil Retail, Welspun Investments, Hexa Tradex, Pilani Investment, BF Investment, and V2 Retail. AGI Greenpac is entity of India. It is traded as Stock on NSE exchange. More

AGI Greenpac 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 AGI Greenpac'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 AGI Greenpac Limited upside and downside potential and time the market with a certain degree of confidence.

AGI Greenpac Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AGI Greenpac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGI Greenpac's standard deviation. In reality, there are many statistical measures that can use AGI Greenpac historical prices to predict the future AGI Greenpac's volatility.
Hype
Prediction
LowEstimatedHigh
1,1301,1331,137
Details
Intrinsic
Valuation
LowRealHigh
1,1081,1111,247
Details
Naive
Forecast
LowNextHigh
1,1631,1661,169
Details
Earnings
Estimates (0)
LowProjected EPSHigh
14.0314.0314.03
Details

AGI Greenpac Limited Backtested Returns

AGI Greenpac appears to be very steady, given 3 months investment horizon. AGI Greenpac Limited secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for AGI Greenpac Limited, which you can use to evaluate the volatility of the firm. Please makes use of AGI Greenpac's Risk Adjusted Performance of 0.0985, semi deviation of 2.03, and Mean Deviation of 2.16 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AGI Greenpac holds a performance score of 10. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AGI Greenpac's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGI Greenpac is expected to be smaller as well. Please check AGI Greenpac's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether AGI Greenpac's price patterns will revert.

Auto-correlation

    
  -0.65  

Very good reverse predictability

AGI Greenpac Limited has very good reverse predictability. Overlapping area represents the amount of predictability between AGI Greenpac time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 AGI Greenpac Limited price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current AGI Greenpac price fluctuation can be explain by its past prices.
Correlation Coefficient-0.65
Spearman Rank Test-0.53
Residual Average0.0
Price Variance6066.49

AGI Greenpac Limited lagged returns against current returns

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

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

AGI Greenpac Lagged Returns

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

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Other Information on Investing in AGI Stock

AGI Greenpac financial ratios help investors to determine whether AGI 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 AGI with respect to the benefits of owning AGI Greenpac security.