Angel One (India) Market Value
| ANGELONE | 2,885 19.20 0.66% |
| Symbol | Angel |
Angel One '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 Angel One'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 Angel One.
| 01/08/2023 |
| 12/28/2024 |
If you would invest 0.00 in Angel One on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding Angel One Limited or generate 0.0% return on investment in Angel One over 720 days. Angel One is related to or competes with HDFC Life, Tree House, Rashtriya Chemicals, Mangalore Chemicals, DMCC SPECIALITY, Gujarat Fluorochemicals, and Karur Vysya. Angel One is entity of India. It is traded as Stock on NSE exchange. More
Angel One 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 Angel One'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 Angel One Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.9 | |||
| Information Ratio | 0.0523 | |||
| Maximum Drawdown | 23.84 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 4.82 |
Angel One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Angel One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Angel One's standard deviation. In reality, there are many statistical measures that can use Angel One historical prices to predict the future Angel One's volatility.| Risk Adjusted Performance | 0.0567 | |||
| Jensen Alpha | 0.2171 | |||
| Total Risk Alpha | 0.1085 | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | (0.44) |
Angel One Limited Backtested Returns
Angel One appears to be very steady, given 3 months investment horizon. Angel One Limited secures Sharpe Ratio (or Efficiency) of 0.0702, which signifies that the company had a 0.0702% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Angel One Limited, which you can use to evaluate the volatility of the firm. Please makes use of Angel One's risk adjusted performance of 0.0567, and Mean Deviation of 2.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Angel One holds a performance score of 5. The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Angel One are expected to decrease at a much lower rate. During the bear market, Angel One is likely to outperform the market. Please check Angel One's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Angel One's price patterns will revert.
Auto-correlation | 0.07 |
Virtually no predictability
Angel One Limited has virtually no predictability. Overlapping area represents the amount of predictability between Angel One time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 2024 to 28th 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 Angel One Limited price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Angel One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 139.3 K |
Angel One Limited lagged returns against current returns
Autocorrelation, which is Angel One 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 Angel One's stock expected returns. We can calculate the autocorrelation of Angel One returns to help us make a trade decision. For example, suppose you find that Angel One 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 |
Angel One 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 Angel One stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Angel One stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Angel One stock over time.
Current vs Lagged Prices |
| Timeline |
Angel One Lagged Returns
When evaluating Angel One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Angel One stock have on its future price. Angel One 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, Angel One autocorrelation shows the relationship between Angel One stock current value and its past values and can show if there is a momentum factor associated with investing in Angel One Limited.
Regressed Prices |
| Timeline |
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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 Angel Stock
Angel One financial ratios help investors to determine whether Angel 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 Angel with respect to the benefits of owning Angel One security.