360 ONE (India) Market Value
| 360ONE Stock | 1,125 7.40 0.65% |
| Symbol | 360 |
360 ONE '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 360 ONE'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 360 ONE.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in 360 ONE on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding 360 ONE WAM or generate 0.0% return on investment in 360 ONE over 30 days. 360 ONE is related to or competes with Chalet Hotels, Viceroy Hotels, Apollo Sindoori, Indian Hotels, Som Distilleries, V Mart, and Hexa Tradex. 360 ONE is entity of India. It is traded as Stock on NSE exchange. More
360 ONE 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 360 ONE'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 360 ONE WAM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.08 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 3.65 |
360 ONE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 360 ONE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 360 ONE's standard deviation. In reality, there are many statistical measures that can use 360 ONE historical prices to predict the future 360 ONE's volatility.| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0116 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1459 |
360 ONE WAM Backtested Returns
At this point, 360 ONE is very steady. 360 ONE WAM retains Efficiency (Sharpe Ratio) of 0.0342, which signifies that the company had a 0.0342% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 360 ONE, which you can use to evaluate the volatility of the entity. Please confirm 360 ONE's Standard Deviation of 2.55, market risk adjusted performance of 0.1559, and Coefficient Of Variation of 3900.72 to double-check if the risk estimate we provide is consistent with the expected return of 0.0896%. 360 ONE has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 360 ONE's returns are expected to increase less than the market. However, during the bear market, the loss of holding 360 ONE is expected to be smaller as well. 360 ONE WAM today owns a risk of 2.62%. Please confirm 360 ONE WAM sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if 360 ONE WAM will be following its current price history.
Auto-correlation | -0.57 |
Good reverse predictability
360 ONE WAM has good reverse predictability. Overlapping area represents the amount of predictability between 360 ONE time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 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 360 ONE WAM price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current 360 ONE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 725.89 |
360 ONE WAM lagged returns against current returns
Autocorrelation, which is 360 ONE 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 360 ONE's stock expected returns. We can calculate the autocorrelation of 360 ONE returns to help us make a trade decision. For example, suppose you find that 360 ONE 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 |
360 ONE 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 360 ONE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 360 ONE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 360 ONE stock over time.
Current vs Lagged Prices |
| Timeline |
360 ONE Lagged Returns
When evaluating 360 ONE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 360 ONE stock have on its future price. 360 ONE 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, 360 ONE autocorrelation shows the relationship between 360 ONE stock current value and its past values and can show if there is a momentum factor associated with investing in 360 ONE WAM.
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 360 Stock
360 ONE financial ratios help investors to determine whether 360 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 360 with respect to the benefits of owning 360 ONE security.