Bharti Airtel (India) Market Value
| BHARTIARTL | 1,560 17.25 1.09% |
| Symbol | Bharti |
Bharti Airtel '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 Bharti Airtel'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 Bharti Airtel.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Bharti Airtel on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bharti Airtel Limited or generate 0.0% return on investment in Bharti Airtel over 60 days. Bharti Airtel is related to or competes with Global Health, Country Club, Sri Havisha, Blue Jet, STEEL EXCHANGE, Zenith Steel, and Yatharth Hospital. Bharti Airtel is entity of India. It is traded as Stock on NSE exchange. More
Bharti Airtel 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 Bharti Airtel'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 Bharti Airtel Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 2.28 |
Bharti Airtel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bharti Airtel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bharti Airtel's standard deviation. In reality, there are many statistical measures that can use Bharti Airtel historical prices to predict the future Bharti Airtel's volatility.| Risk Adjusted Performance | 0.0314 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0766 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bharti Airtel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bharti Airtel Limited Backtested Returns
Bharti Airtel Limited secures Sharpe Ratio (or Efficiency) of -0.0033, which signifies that the company had a -0.0033% return per unit of standard deviation over the last 3 months. Bharti Airtel Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bharti Airtel's mean deviation of 0.9051, and Risk Adjusted Performance of 0.0314 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bharti Airtel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bharti Airtel is expected to be smaller as well. At this point, Bharti Airtel Limited has a negative expected return of -0.004%. Please make sure to confirm Bharti Airtel's coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Bharti Airtel Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Bharti Airtel Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Bharti Airtel time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th of November 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 Bharti Airtel Limited price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Bharti Airtel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 846.18 |
Bharti Airtel Limited lagged returns against current returns
Autocorrelation, which is Bharti Airtel 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 Bharti Airtel's stock expected returns. We can calculate the autocorrelation of Bharti Airtel returns to help us make a trade decision. For example, suppose you find that Bharti Airtel 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 |
Bharti Airtel 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 Bharti Airtel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bharti Airtel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bharti Airtel stock over time.
Current vs Lagged Prices |
| Timeline |
Bharti Airtel Lagged Returns
When evaluating Bharti Airtel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bharti Airtel stock have on its future price. Bharti Airtel 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, Bharti Airtel autocorrelation shows the relationship between Bharti Airtel stock current value and its past values and can show if there is a momentum factor associated with investing in Bharti Airtel 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 Bharti Stock
Bharti Airtel financial ratios help investors to determine whether Bharti 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 Bharti with respect to the benefits of owning Bharti Airtel security.