Aarti Industries (India) Market Value
| AARTIIND | 451.35 13.45 3.07% |
| Symbol | Aarti |
Aarti Industries '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 Aarti Industries' 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 Aarti Industries.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Aarti Industries on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Aarti Industries Limited or generate 0.0% return on investment in Aarti Industries over 30 days. Aarti Industries is related to or competes with Baazar Style, Bajaj Holdings, Praxis Home, Tata InvestmentLimite, Cantabil Retail, Investment Trust, and Kewal Kiran. Aarti Industries is entity of India. It is traded as Stock on NSE exchange. More
Aarti Industries 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 Aarti Industries' 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 Aarti Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 12.4 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 2.41 |
Aarti Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aarti Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aarti Industries' standard deviation. In reality, there are many statistical measures that can use Aarti Industries historical prices to predict the future Aarti Industries' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (2.56) |
Aarti Industries Backtested Returns
Aarti Industries secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Aarti Industries Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aarti Industries' Risk Adjusted Performance of (0.15), mean deviation of 1.73, and Standard Deviation of 2.29 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aarti Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aarti Industries is expected to be smaller as well. At this point, Aarti Industries has a negative expected return of -0.51%. Please make sure to confirm Aarti Industries' skewness, as well as the relationship between the day median price and relative strength index , to decide if Aarti Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Aarti Industries Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Aarti Industries time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Aarti Industries price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Aarti Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 75.44 |
Aarti Industries lagged returns against current returns
Autocorrelation, which is Aarti Industries 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 Aarti Industries' stock expected returns. We can calculate the autocorrelation of Aarti Industries returns to help us make a trade decision. For example, suppose you find that Aarti Industries 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 |
Aarti Industries 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 Aarti Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aarti Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aarti Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Aarti Industries Lagged Returns
When evaluating Aarti Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aarti Industries stock have on its future price. Aarti Industries 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, Aarti Industries autocorrelation shows the relationship between Aarti Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Aarti Industries 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 Aarti Stock
Aarti Industries financial ratios help investors to determine whether Aarti 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 Aarti with respect to the benefits of owning Aarti Industries security.