Ravi Kumar (India) Market Value
| RKDL Stock | 27.54 0.54 2.00% |
| Symbol | Ravi |
Ravi Kumar '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 Ravi Kumar'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 Ravi Kumar.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ravi Kumar on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ravi Kumar Distilleries or generate 0.0% return on investment in Ravi Kumar over 540 days. Ravi Kumar is related to or competes with AVALON TECHNOLOGIES, Orient Technologies, AAA Technologies, Cantabil Retail, Arrow Greentech, NRB Industrial, and Hisar Metal. Ravi Kumar is entity of India. It is traded as Stock on NSE exchange. More
Ravi Kumar 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 Ravi Kumar'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 Ravi Kumar Distilleries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.35 |
Ravi Kumar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ravi Kumar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ravi Kumar's standard deviation. In reality, there are many statistical measures that can use Ravi Kumar historical prices to predict the future Ravi Kumar's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (1.97) |
Ravi Kumar Distilleries Backtested Returns
Ravi Kumar Distilleries maintains Sharpe Ratio (i.e., Efficiency) of -0.0686, which implies the firm had a -0.0686% return per unit of risk over the last 3 months. Ravi Kumar Distilleries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ravi Kumar's Variance of 4.51, coefficient of variation of (697.19), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ravi Kumar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ravi Kumar is expected to be smaller as well. At this point, Ravi Kumar Distilleries has a negative expected return of -0.15%. Please make sure to check Ravi Kumar's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if Ravi Kumar Distilleries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Ravi Kumar Distilleries has average predictability. Overlapping area represents the amount of predictability between Ravi Kumar time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Ravi Kumar Distilleries price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Ravi Kumar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 17.84 |
Ravi Kumar Distilleries lagged returns against current returns
Autocorrelation, which is Ravi Kumar 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 Ravi Kumar's stock expected returns. We can calculate the autocorrelation of Ravi Kumar returns to help us make a trade decision. For example, suppose you find that Ravi Kumar 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 |
Ravi Kumar 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 Ravi Kumar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ravi Kumar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ravi Kumar stock over time.
Current vs Lagged Prices |
| Timeline |
Ravi Kumar Lagged Returns
When evaluating Ravi Kumar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ravi Kumar stock have on its future price. Ravi Kumar 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, Ravi Kumar autocorrelation shows the relationship between Ravi Kumar stock current value and its past values and can show if there is a momentum factor associated with investing in Ravi Kumar Distilleries.
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.Additional Tools for Ravi Stock Analysis
When running Ravi Kumar's price analysis, check to measure Ravi Kumar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ravi Kumar is operating at the current time. Most of Ravi Kumar's value examination focuses on studying past and present price action to predict the probability of Ravi Kumar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ravi Kumar's price. Additionally, you may evaluate how the addition of Ravi Kumar to your portfolios can decrease your overall portfolio volatility.