AGI Greenpac (India) Market Value
| AGI Stock | 1,201 15.05 1.24% |
| Symbol | AGI |
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.
| 12/16/2023 |
| 12/10/2024 |
If you would invest 0.00 in AGI Greenpac on December 16, 2023 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 360 days. AGI Greenpac is related to or competes with Industrial Investment, Associated Alcohols, Varun Beverages, Kalyani Investment, Nalwa Sons, FCS Software, and GM Breweries. 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.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.11 | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 6.61 |
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.| Risk Adjusted Performance | 0.1227 | |||
| Jensen Alpha | 0.4295 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1463 | |||
| Treynor Ratio | 1.24 |
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 Mean Deviation of 2.26, risk adjusted performance of 0.1227, and Semi Deviation of 1.98 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 11. The firm shows a Beta (market volatility) of 0.39, 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 | -0.21 |
Weak reverse predictability
AGI Greenpac Limited has weak reverse predictability. Overlapping area represents the amount of predictability between AGI Greenpac time series from 16th of December 2023 to 13th of June 2024 and 13th of June 2024 to 10th 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 -0.21 indicates that over 21.0% of current AGI Greenpac price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 10.6 K |
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.