Yatra Online (India) Market Value
| YATRA Stock | 103.99 1.25 1.22% |
| Symbol | Yatra |
Yatra Online '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 Yatra Online'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 Yatra Online.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Yatra Online on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Yatra Online Limited or generate 0.0% return on investment in Yatra Online over 690 days. Yatra Online is related to or competes with Kingfa Science, GTL, Indo Amines, Delta Manufacturing, EID Parry, Lakshmi Precision, and Parag Milk. Yatra Online is entity of India. It is traded as Stock on NSE exchange. More
Yatra Online 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 Yatra Online'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 Yatra Online Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 10.32 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 2.88 |
Yatra Online Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yatra Online's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yatra Online's standard deviation. In reality, there are many statistical measures that can use Yatra Online historical prices to predict the future Yatra Online's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.80) |
Yatra Online Limited Backtested Returns
Yatra Online Limited shows Sharpe Ratio of -0.26, which attests that the company had a -0.26% return per unit of risk over the last 3 months. Yatra Online Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yatra Online's Market Risk Adjusted Performance of (0.79), standard deviation of 2.25, and Mean Deviation of 1.81 to validate the risk estimate we provide. The firm maintains a market beta of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yatra Online's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yatra Online is expected to be smaller as well. At this point, Yatra Online Limited has a negative expected return of -0.56%. Please make sure to check out Yatra Online's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Yatra Online Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Yatra Online Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Yatra Online time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Yatra Online Limited price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Yatra Online price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 151.74 |
Yatra Online Limited lagged returns against current returns
Autocorrelation, which is Yatra Online 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 Yatra Online's stock expected returns. We can calculate the autocorrelation of Yatra Online returns to help us make a trade decision. For example, suppose you find that Yatra Online 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 |
Yatra Online 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 Yatra Online stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yatra Online stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yatra Online stock over time.
Current vs Lagged Prices |
| Timeline |
Yatra Online Lagged Returns
When evaluating Yatra Online's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yatra Online stock have on its future price. Yatra Online 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, Yatra Online autocorrelation shows the relationship between Yatra Online stock current value and its past values and can show if there is a momentum factor associated with investing in Yatra Online 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.Other Information on Investing in Yatra Stock
Yatra Online financial ratios help investors to determine whether Yatra 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 Yatra with respect to the benefits of owning Yatra Online security.