Yatra Online Stock Market Value
| YTRA Stock | USD 1.40 0.01 0.71% |
| Symbol | Yatra |
Yatra Online Price To Book Ratio
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yatra Online. If investors know Yatra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yatra Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share (0.02) | Revenue Per Share 66.465 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of Yatra Online is measured differently than its book value, which is the value of Yatra that is recorded on the company's balance sheet. Investors also form their own opinion of Yatra Online's value that differs from its market value or its book value, called intrinsic value, which is Yatra Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yatra Online's market value can be influenced by many factors that don't directly affect Yatra Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yatra Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yatra Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yatra Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Yatra Online on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Yatra Online or generate 0.0% return on investment in Yatra Online over 180 days. Yatra Online is related to or competes with Despegar Corp, Lindblad Expeditions, Mondee Holdings, Trip Group, Travel Leisure, Inspirato, and MakeMyTrip. Yatra Online, Inc. operates as an online travel company in India and internationally 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.58 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.55 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 5.76 |
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 | 0.0234 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0731 |
Yatra Online Backtested Returns
Yatra Online shows Sharpe Ratio of -0.0667, which attests that the company had a -0.0667% return per unit of risk over the last 3 months. Yatra Online exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yatra Online's Mean Deviation of 1.7, market risk adjusted performance of 0.0831, and Downside Deviation of 2.58 to validate the risk estimate we provide. The firm maintains a market beta of 0.63, 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 has a negative expected return of -0.16%. Please make sure to check out Yatra Online's kurtosis, and the relationship between the downside variance and day median price , to decide if Yatra Online performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Yatra Online has good reverse predictability. Overlapping area represents the amount of predictability between Yatra Online 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 Yatra Online price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Yatra Online price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Yatra Online 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.
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.When determining whether Yatra Online offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Yatra Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yatra Online Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yatra Online Stock:Check out Yatra Online Correlation, Yatra Online Volatility and Yatra Online Alpha and Beta module to complement your research on Yatra Online. For information on how to trade Yatra Stock refer to our How to Trade Yatra Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Yatra Online technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.