YATRA ONLINE (Germany) Market Value
| 26Y Stock | EUR 1.37 0.06 4.58% |
| Symbol | YATRA |
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.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in YATRA ONLINE on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding YATRA ONLINE DL 0001 or generate 0.0% return on investment in YATRA ONLINE over 720 days. YATRA ONLINE is related to or competes with China Communications, Chunghwa Telecom, COMBA TELECOM, SK TELECOM, Ribbon Communications, Cogent Communications, and SBA Communications. 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 DL 0001 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0731 | |||
| Maximum Drawdown | 18.55 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.26 |
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 | 0.1002 | |||
| Jensen Alpha | 0.1957 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0575 | |||
| Treynor Ratio | 0.3126 |
YATRA ONLINE DL Backtested Returns
YATRA ONLINE appears to be dangerous, given 3 months investment horizon. YATRA ONLINE DL shows Sharpe Ratio of 0.0896, which attests that the company had a 0.0896% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for YATRA ONLINE DL, which you can use to evaluate the volatility of the entity. Please utilize YATRA ONLINE's Downside Deviation of 3.45, market risk adjusted performance of 0.3226, and Mean Deviation of 1.81 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, YATRA ONLINE holds a performance score of 7. The firm maintains a market beta of 1.02, which attests to a somewhat significant risk relative to the market. YATRA ONLINE returns are very sensitive to returns on the market. As the market goes up or down, YATRA ONLINE is expected to follow. Please check YATRA ONLINE's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether YATRA ONLINE's historical returns will revert.
Auto-correlation | 0.30 |
Below average predictability
YATRA ONLINE DL 0001 has below average predictability. Overlapping area represents the amount of predictability between YATRA ONLINE time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 DL price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current YATRA ONLINE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
YATRA ONLINE DL 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 DL 0001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.