Kavveri Telecom (India) Market Value
| KAVVERITEL | 40.32 1.92 5.00% |
| Symbol | Kavveri |
Kavveri Telecom '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 Kavveri Telecom'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 Kavveri Telecom.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Kavveri Telecom on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Kavveri Telecom Products or generate 0.0% return on investment in Kavveri Telecom over 240 days. Kavveri Telecom is related to or competes with Consolidated Construction, Biofil Chemicals, Shipping, Indo Borax, Kingfa Science, Alkali Metals, and Krebs Biochemicals. Kavveri Telecom is entity of India. It is traded as Stock on NSE exchange. More
Kavveri Telecom 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 Kavveri Telecom'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 Kavveri Telecom Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.042 | |||
| Maximum Drawdown | 9.99 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 4.96 |
Kavveri Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kavveri Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kavveri Telecom's standard deviation. In reality, there are many statistical measures that can use Kavveri Telecom historical prices to predict the future Kavveri Telecom's volatility.| Risk Adjusted Performance | 0.0777 | |||
| Jensen Alpha | 0.3286 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0351 | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kavveri Telecom'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.
Kavveri Telecom Products Backtested Returns
Kavveri Telecom is very steady at the moment. Kavveri Telecom Products has Sharpe Ratio of 0.0501, which conveys that the firm had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kavveri Telecom, which you can use to evaluate the volatility of the firm. Please verify Kavveri Telecom's Mean Deviation of 2.36, risk adjusted performance of 0.0777, and Downside Deviation of 3.28 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Kavveri Telecom has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kavveri Telecom are expected to decrease at a much lower rate. During the bear market, Kavveri Telecom is likely to outperform the market. Kavveri Telecom Products right now secures a risk of 2.77%. Please verify Kavveri Telecom Products downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Kavveri Telecom Products will be following its current price movements.
Auto-correlation | 0.34 |
Below average predictability
Kavveri Telecom Products has below average predictability. Overlapping area represents the amount of predictability between Kavveri Telecom time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 Kavveri Telecom Products price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Kavveri Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 60.72 |
Kavveri Telecom Products lagged returns against current returns
Autocorrelation, which is Kavveri Telecom 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 Kavveri Telecom's stock expected returns. We can calculate the autocorrelation of Kavveri Telecom returns to help us make a trade decision. For example, suppose you find that Kavveri Telecom 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 |
Kavveri Telecom 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 Kavveri Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kavveri Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kavveri Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Kavveri Telecom Lagged Returns
When evaluating Kavveri Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kavveri Telecom stock have on its future price. Kavveri Telecom 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, Kavveri Telecom autocorrelation shows the relationship between Kavveri Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Kavveri Telecom Products.
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 Kavveri Stock
Kavveri Telecom financial ratios help investors to determine whether Kavveri 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 Kavveri with respect to the benefits of owning Kavveri Telecom security.