Roto Pumps (India) Market Value
| ROTO Stock | 299.90 15.10 4.79% |
| Symbol | Roto |
Roto Pumps '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 Roto Pumps' 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 Roto Pumps.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Roto Pumps on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Roto Pumps Limited or generate 0.0% return on investment in Roto Pumps over 720 days. Roto Pumps is related to or competes with One 97, Golden Tobacco, Mangalore Chemicals, Vishnu Chemicals, DMCC SPECIALITY, Navneet Education, and OnMobile Global. Roto Pumps is entity of India. It is traded as Stock on NSE exchange. More
Roto Pumps 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 Roto Pumps' 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 Roto Pumps Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0281 | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 5.82 |
Roto Pumps Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roto Pumps' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roto Pumps' standard deviation. In reality, there are many statistical measures that can use Roto Pumps historical prices to predict the future Roto Pumps' volatility.| Risk Adjusted Performance | 0.0382 | |||
| Jensen Alpha | 0.0979 | |||
| Total Risk Alpha | 0.0225 | |||
| Sortino Ratio | 0.0297 | |||
| Treynor Ratio | 0.2914 |
Roto Pumps Limited Backtested Returns
Currently, Roto Pumps Limited is very steady. Roto Pumps Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.0465, which implies the firm had a 0.0465% return per unit of risk over the last 3 months. We have found thirty technical indicators for Roto Pumps Limited, which you can use to evaluate the volatility of the company. Please check Roto Pumps' Risk Adjusted Performance of 0.0382, semi deviation of 2.6, and Coefficient Of Variation of 2570.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Roto Pumps has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Roto Pumps' returns are expected to increase less than the market. However, during the bear market, the loss of holding Roto Pumps is expected to be smaller as well. Roto Pumps Limited right now holds a risk of 3.02%. Please check Roto Pumps Limited value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Roto Pumps Limited will be following its historical price patterns.
Auto-correlation | 0.45 |
Average predictability
Roto Pumps Limited has average predictability. Overlapping area represents the amount of predictability between Roto Pumps time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Roto Pumps Limited price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Roto Pumps price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2326.92 |
Roto Pumps Limited lagged returns against current returns
Autocorrelation, which is Roto Pumps 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 Roto Pumps' stock expected returns. We can calculate the autocorrelation of Roto Pumps returns to help us make a trade decision. For example, suppose you find that Roto Pumps 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 |
Roto Pumps 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 Roto Pumps stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roto Pumps stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roto Pumps stock over time.
Current vs Lagged Prices |
| Timeline |
Roto Pumps Lagged Returns
When evaluating Roto Pumps' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roto Pumps stock have on its future price. Roto Pumps 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, Roto Pumps autocorrelation shows the relationship between Roto Pumps stock current value and its past values and can show if there is a momentum factor associated with investing in Roto Pumps 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.Additional Tools for Roto Stock Analysis
When running Roto Pumps' price analysis, check to measure Roto Pumps' 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 Roto Pumps is operating at the current time. Most of Roto Pumps' value examination focuses on studying past and present price action to predict the probability of Roto Pumps' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roto Pumps' price. Additionally, you may evaluate how the addition of Roto Pumps to your portfolios can decrease your overall portfolio volatility.