Vardhman Holdings (India) Market Value
| VHL Stock | 4,836 48.40 0.99% |
| Symbol | Vardhman |
Vardhman Holdings '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 Vardhman Holdings' 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 Vardhman Holdings.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Vardhman Holdings on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Vardhman Holdings Limited or generate 0.0% return on investment in Vardhman Holdings over 180 days. Vardhman Holdings is related to or competes with Gangotri Textiles, Hemisphere Properties, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Tribhovandas Bhimji. Vardhman Holdings is entity of India. It is traded as Stock on NSE exchange. More
Vardhman Holdings 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 Vardhman Holdings' 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 Vardhman Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | 0.048 | |||
| Maximum Drawdown | 33.81 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 9.72 |
Vardhman Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vardhman Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vardhman Holdings' standard deviation. In reality, there are many statistical measures that can use Vardhman Holdings historical prices to predict the future Vardhman Holdings' volatility.| Risk Adjusted Performance | 0.0655 | |||
| Jensen Alpha | 0.3622 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0632 | |||
| Treynor Ratio | (1.95) |
Vardhman Holdings Backtested Returns
Vardhman Holdings appears to be very steady, given 3 months investment horizon. Vardhman Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.076, which indicates the firm had a 0.076% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vardhman Holdings Limited, which you can use to evaluate the volatility of the company. Please review Vardhman Holdings' Coefficient Of Variation of 1341.09, semi deviation of 3.3, and Risk Adjusted Performance of 0.0655 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vardhman Holdings holds a performance score of 5. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vardhman Holdings are expected to decrease at a much lower rate. During the bear market, Vardhman Holdings is likely to outperform the market. Please check Vardhman Holdings' value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Vardhman Holdings' existing price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Vardhman Holdings Limited has below average predictability. Overlapping area represents the amount of predictability between Vardhman Holdings time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Vardhman Holdings price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Vardhman Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 195.4 K |
Vardhman Holdings lagged returns against current returns
Autocorrelation, which is Vardhman Holdings 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 Vardhman Holdings' stock expected returns. We can calculate the autocorrelation of Vardhman Holdings returns to help us make a trade decision. For example, suppose you find that Vardhman Holdings 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 |
Vardhman Holdings 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 Vardhman Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vardhman Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vardhman Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Vardhman Holdings Lagged Returns
When evaluating Vardhman Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vardhman Holdings stock have on its future price. Vardhman Holdings 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, Vardhman Holdings autocorrelation shows the relationship between Vardhman Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Vardhman Holdings 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 Vardhman Stock
Vardhman Holdings financial ratios help investors to determine whether Vardhman 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 Vardhman with respect to the benefits of owning Vardhman Holdings security.