Shemaroo Entertainment (India) Market Value
| SHEMAROO | 166.23 3.45 2.03% |
| Symbol | Shemaroo |
Shemaroo Entertainment '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 Shemaroo Entertainment'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 Shemaroo Entertainment.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Shemaroo Entertainment on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Shemaroo Entertainment Limited or generate 0.0% return on investment in Shemaroo Entertainment over 30 days. Shemaroo Entertainment is related to or competes with Hindustan Foods, Pritish Nandy, Elin Electronics, LT Foods, Varun Beverages, and Parag Milk. Shemaroo Entertainment is entity of India More
Shemaroo Entertainment 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 Shemaroo Entertainment'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 Shemaroo Entertainment Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.0054 | |||
| Maximum Drawdown | 22.21 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 6.66 |
Shemaroo Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shemaroo Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shemaroo Entertainment's standard deviation. In reality, there are many statistical measures that can use Shemaroo Entertainment historical prices to predict the future Shemaroo Entertainment's volatility.| Risk Adjusted Performance | 0.0364 | |||
| Jensen Alpha | 0.0872 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.3177 |
Shemaroo Entertainment Backtested Returns
As of now, Shemaroo Stock is very steady. Shemaroo Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0311, which indicates the firm had a 0.0311% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shemaroo Entertainment Limited, which you can use to evaluate the volatility of the company. Please validate Shemaroo Entertainment's Risk Adjusted Performance of 0.0364, semi deviation of 3.02, and Coefficient Of Variation of 2709.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Shemaroo Entertainment has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shemaroo Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shemaroo Entertainment is expected to be smaller as well. Shemaroo Entertainment right now has a risk of 4.0%. Please validate Shemaroo Entertainment standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Shemaroo Entertainment will be following its existing price patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Shemaroo Entertainment Limited has good reverse predictability. Overlapping area represents the amount of predictability between Shemaroo Entertainment time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Shemaroo Entertainment price movement. The serial correlation of -0.53 indicates that about 53.0% of current Shemaroo Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 13.83 |
Shemaroo Entertainment lagged returns against current returns
Autocorrelation, which is Shemaroo Entertainment 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 Shemaroo Entertainment's stock expected returns. We can calculate the autocorrelation of Shemaroo Entertainment returns to help us make a trade decision. For example, suppose you find that Shemaroo Entertainment 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 |
Shemaroo Entertainment 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 Shemaroo Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shemaroo Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shemaroo Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Shemaroo Entertainment Lagged Returns
When evaluating Shemaroo Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shemaroo Entertainment stock have on its future price. Shemaroo Entertainment 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, Shemaroo Entertainment autocorrelation shows the relationship between Shemaroo Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Shemaroo Entertainment 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 Shemaroo Stock
Shemaroo Entertainment financial ratios help investors to determine whether Shemaroo 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 Shemaroo with respect to the benefits of owning Shemaroo Entertainment security.