Aarti Surfactants (India) Market Value
| AARTISURF | 645.25 3.80 0.59% |
| Symbol | Aarti |
Aarti Surfactants '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 Surfactants' 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 Surfactants.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aarti Surfactants on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aarti Surfactants Limited or generate 0.0% return on investment in Aarti Surfactants over 30 days. Aarti Surfactants is related to or competes with GPT Healthcare, Hindustan Media, Blue Jet, Silly Monks, Global Health, Bodhi Tree, and DJ Mediaprint. Aarti Surfactants is entity of India. It is traded as Stock on NSE exchange. More
Aarti Surfactants 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 Surfactants' 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 Surfactants Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.99 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 2.48 |
Aarti Surfactants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aarti Surfactants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aarti Surfactants' standard deviation. In reality, there are many statistical measures that can use Aarti Surfactants historical prices to predict the future Aarti Surfactants' volatility.| Risk Adjusted Performance | 0.0206 | |||
| Jensen Alpha | 0.0187 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1807 |
Aarti Surfactants Backtested Returns
Currently, Aarti Surfactants Limited is very steady. Aarti Surfactants secures Sharpe Ratio (or Efficiency) of 0.0161, which signifies that the company had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aarti Surfactants Limited, which you can use to evaluate the volatility of the firm. Please confirm Aarti Surfactants' Risk Adjusted Performance of 0.0206, downside deviation of 2.06, and Mean Deviation of 1.82 to double-check if the risk estimate we provide is consistent with the expected return of 0.0611%. Aarti Surfactants has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aarti Surfactants' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aarti Surfactants is expected to be smaller as well. Aarti Surfactants right now shows a risk of 3.79%. Please confirm Aarti Surfactants expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Aarti Surfactants will be following its price patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Aarti Surfactants Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Aarti Surfactants 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 Aarti Surfactants price movement. The serial correlation of -0.24 indicates that over 24.0% of current Aarti Surfactants price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 42.73 |
Aarti Surfactants lagged returns against current returns
Autocorrelation, which is Aarti Surfactants 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 Surfactants' stock expected returns. We can calculate the autocorrelation of Aarti Surfactants returns to help us make a trade decision. For example, suppose you find that Aarti Surfactants 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 Surfactants 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 Surfactants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aarti Surfactants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aarti Surfactants stock over time.
Current vs Lagged Prices |
| Timeline |
Aarti Surfactants Lagged Returns
When evaluating Aarti Surfactants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aarti Surfactants stock have on its future price. Aarti Surfactants 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 Surfactants autocorrelation shows the relationship between Aarti Surfactants stock current value and its past values and can show if there is a momentum factor associated with investing in Aarti Surfactants 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.Additional Tools for Aarti Stock Analysis
When running Aarti Surfactants' price analysis, check to measure Aarti Surfactants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aarti Surfactants is operating at the current time. Most of Aarti Surfactants' value examination focuses on studying past and present price action to predict the probability of Aarti Surfactants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarti Surfactants' price. Additionally, you may evaluate how the addition of Aarti Surfactants to your portfolios can decrease your overall portfolio volatility.