Rashtriya Chemicals (India) Market Value
| RCF Stock | 175.65 2.85 1.60% |
| Symbol | Rashtriya |
Rashtriya Chemicals '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 Rashtriya Chemicals' 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 Rashtriya Chemicals.
| 12/22/2023 |
| 12/16/2024 |
If you would invest 0.00 in Rashtriya Chemicals on December 22, 2023 and sell it all today you would earn a total of 0.00 from holding Rashtriya Chemicals and or generate 0.0% return on investment in Rashtriya Chemicals over 360 days. Rashtriya Chemicals is related to or competes with Sasken Technologies, Servotech Power, Cambridge Technology, V Mart, Agro Tech, Future Retail, and AXISCADES Technologies. Rashtriya Chemicals is entity of India. It is traded as Stock on NSE exchange. More
Rashtriya Chemicals 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 Rashtriya Chemicals' 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 Rashtriya Chemicals and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.31 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 3.91 |
Rashtriya Chemicals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rashtriya Chemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rashtriya Chemicals' standard deviation. In reality, there are many statistical measures that can use Rashtriya Chemicals historical prices to predict the future Rashtriya Chemicals' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.09) |
Rashtriya Chemicals and Backtested Returns
Rashtriya Chemicals and maintains Sharpe Ratio (i.e., Efficiency) of -0.0195, which implies the firm had a -0.0195% return per unit of risk over the last 3 months. Rashtriya Chemicals and exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rashtriya Chemicals' Coefficient Of Variation of (2,970), risk adjusted performance of (0.02), and Variance of 6.44 to confirm the risk estimate we provide. The company holds a Beta of 1.06, which implies a somewhat significant risk relative to the market. Rashtriya Chemicals returns are very sensitive to returns on the market. As the market goes up or down, Rashtriya Chemicals is expected to follow. At this point, Rashtriya Chemicals and has a negative expected return of -0.0504%. Please make sure to check Rashtriya Chemicals' daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Rashtriya Chemicals and performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Rashtriya Chemicals and has below average predictability. Overlapping area represents the amount of predictability between Rashtriya Chemicals time series from 22nd of December 2023 to 19th of June 2024 and 19th of June 2024 to 16th 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 Rashtriya Chemicals and price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Rashtriya Chemicals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 440.5 |
Rashtriya Chemicals and lagged returns against current returns
Autocorrelation, which is Rashtriya Chemicals 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 Rashtriya Chemicals' stock expected returns. We can calculate the autocorrelation of Rashtriya Chemicals returns to help us make a trade decision. For example, suppose you find that Rashtriya Chemicals 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 |
Rashtriya Chemicals 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 Rashtriya Chemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rashtriya Chemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rashtriya Chemicals stock over time.
Current vs Lagged Prices |
| Timeline |
Rashtriya Chemicals Lagged Returns
When evaluating Rashtriya Chemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rashtriya Chemicals stock have on its future price. Rashtriya Chemicals 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, Rashtriya Chemicals autocorrelation shows the relationship between Rashtriya Chemicals stock current value and its past values and can show if there is a momentum factor associated with investing in Rashtriya Chemicals and.
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 Rashtriya Stock
Rashtriya Chemicals financial ratios help investors to determine whether Rashtriya 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 Rashtriya with respect to the benefits of owning Rashtriya Chemicals security.