Shradha Infraprojects (India) Market Value
| SHRADHA Stock | 85.26 1.74 2.00% |
| Symbol | Shradha |
Shradha Infraprojects '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 Shradha Infraprojects' 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 Shradha Infraprojects.
| 01/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in Shradha Infraprojects on January 28, 2023 and sell it all today you would earn a total of 0.00 from holding Shradha Infraprojects Limited or generate 0.0% return on investment in Shradha Infraprojects over 690 days. Shradha Infraprojects is related to or competes with Indian Railway, Cholamandalam Financial, Reliance Industries, Tata Consultancy, and Piramal Enterprises. Shradha Infraprojects is entity of India More
Shradha Infraprojects 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 Shradha Infraprojects' 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 Shradha Infraprojects Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.68 | |||
| Information Ratio | 0.1231 | |||
| Maximum Drawdown | 1302083.33 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 5.0 |
Shradha Infraprojects Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shradha Infraprojects' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shradha Infraprojects' standard deviation. In reality, there are many statistical measures that can use Shradha Infraprojects historical prices to predict the future Shradha Infraprojects' volatility.| Risk Adjusted Performance | 0.0992 | |||
| Jensen Alpha | 20487.19 | |||
| Total Risk Alpha | 6966.56 | |||
| Sortino Ratio | 1002.32 | |||
| Treynor Ratio | (1.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shradha Infraprojects' 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.
Shradha Infraprojects Backtested Returns
Shradha Infraprojects is out of control given 3 months investment horizon. Shradha Infraprojects owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 15.23% are justified by taking the suggested risk. Use Shradha Infraprojects Downside Deviation of 19.68, standard deviation of 160263.16, and Risk Adjusted Performance of 0.0992 to evaluate company specific risk that cannot be diversified away. Shradha Infraprojects holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -13186.46, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Shradha Infraprojects are expected to decrease by larger amounts. On the other hand, during market turmoil, Shradha Infraprojects is expected to outperform it. Use Shradha Infraprojects value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Shradha Infraprojects.
Auto-correlation | 0.14 |
Insignificant predictability
Shradha Infraprojects Limited has insignificant predictability. Overlapping area represents the amount of predictability between Shradha Infraprojects time series from 28th of January 2023 to 8th of January 2024 and 8th of January 2024 to 18th 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 Shradha Infraprojects price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Shradha Infraprojects price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 4.3 B |
Shradha Infraprojects lagged returns against current returns
Autocorrelation, which is Shradha Infraprojects 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 Shradha Infraprojects' stock expected returns. We can calculate the autocorrelation of Shradha Infraprojects returns to help us make a trade decision. For example, suppose you find that Shradha Infraprojects 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 |
Shradha Infraprojects 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 Shradha Infraprojects stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shradha Infraprojects stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shradha Infraprojects stock over time.
Current vs Lagged Prices |
| Timeline |
Shradha Infraprojects Lagged Returns
When evaluating Shradha Infraprojects' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shradha Infraprojects stock have on its future price. Shradha Infraprojects 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, Shradha Infraprojects autocorrelation shows the relationship between Shradha Infraprojects stock current value and its past values and can show if there is a momentum factor associated with investing in Shradha Infraprojects 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 Shradha Stock
Shradha Infraprojects financial ratios help investors to determine whether Shradha 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 Shradha with respect to the benefits of owning Shradha Infraprojects security.