Archean Chemical (India) Market Value
| ACI Stock | 605.45 57.80 10.55% |
| Symbol | Archean |
Archean Chemical '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 Archean Chemical'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 Archean Chemical.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Archean Chemical on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Archean Chemical Industries or generate 0.0% return on investment in Archean Chemical over 150 days. Archean Chemical is related to or competes with NMDC, Steel Authority, Embassy Office, Jai Balaji, Gujarat Narmada, Gujarat Alkalies, and Indian Metals. Archean Chemical is entity of India. It is traded as Stock on NSE exchange. More
Archean Chemical 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 Archean Chemical'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 Archean Chemical Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 14.57 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.65 |
Archean Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Archean Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Archean Chemical's standard deviation. In reality, there are many statistical measures that can use Archean Chemical historical prices to predict the future Archean Chemical's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.56) |
Archean Chemical Ind Backtested Returns
Archean Chemical Ind secures Sharpe Ratio (or Efficiency) of -0.0408, which signifies that the company had a -0.0408 % return per unit of standard deviation over the last 3 months. Archean Chemical Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Archean Chemical's mean deviation of 1.57, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Archean Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Archean Chemical is expected to be smaller as well. At this point, Archean Chemical Ind has a negative expected return of -0.0978%. Please make sure to confirm Archean Chemical's mean deviation, jensen alpha, potential upside, as well as the relationship between the standard deviation and treynor ratio , to decide if Archean Chemical Ind performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Archean Chemical Industries has average predictability. Overlapping area represents the amount of predictability between Archean Chemical time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Archean Chemical Ind price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Archean Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 2389.17 |
Archean Chemical Ind lagged returns against current returns
Autocorrelation, which is Archean Chemical 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 Archean Chemical's stock expected returns. We can calculate the autocorrelation of Archean Chemical returns to help us make a trade decision. For example, suppose you find that Archean Chemical 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 |
Archean Chemical 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 Archean Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Archean Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Archean Chemical stock over time.
Current vs Lagged Prices |
| Timeline |
Archean Chemical Lagged Returns
When evaluating Archean Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Archean Chemical stock have on its future price. Archean Chemical 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, Archean Chemical autocorrelation shows the relationship between Archean Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Archean Chemical Industries.
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 Archean Stock
Archean Chemical financial ratios help investors to determine whether Archean 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 Archean with respect to the benefits of owning Archean Chemical security.