AUTHUM INVESTMENT (India) Market Value
| AIIL Stock | 1,557 2.75 0.18% |
| Symbol | AUTHUM |
AUTHUM INVESTMENT '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 AUTHUM INVESTMENT'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 AUTHUM INVESTMENT.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in AUTHUM INVESTMENT on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding AUTHUM INVESTMENT INFRASTRUCTU or generate 0.0% return on investment in AUTHUM INVESTMENT over 180 days. AUTHUM INVESTMENT is related to or competes with Motilal Oswal, Tata Investment, ICICI Securities, Angel One, JM Financial, Choice International, and Edelweiss Financial. AUTHUM INVESTMENT is entity of India. It is traded as Stock on NSE exchange. More
AUTHUM INVESTMENT 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 AUTHUM INVESTMENT'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 AUTHUM INVESTMENT INFRASTRUCTU upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.22 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 4.53 |
AUTHUM INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AUTHUM INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AUTHUM INVESTMENT's standard deviation. In reality, there are many statistical measures that can use AUTHUM INVESTMENT historical prices to predict the future AUTHUM INVESTMENT's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.4041 |
AUTHUM INVESTMENT Backtested Returns
AUTHUM INVESTMENT secures Sharpe Ratio (or Efficiency) of -0.0456, which signifies that the company had a -0.0456% return per unit of risk over the last 3 months. AUTHUM INVESTMENT INFRASTRUCTU exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AUTHUM INVESTMENT's mean deviation of 1.73, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AUTHUM INVESTMENT are expected to decrease at a much lower rate. During the bear market, AUTHUM INVESTMENT is likely to outperform the market. At this point, AUTHUM INVESTMENT has a negative expected return of -0.12%. Please make sure to confirm AUTHUM INVESTMENT's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if AUTHUM INVESTMENT performance from the past will be repeated at future time.
Auto-correlation | -0.44 |
Modest reverse predictability
AUTHUM INVESTMENT INFRASTRUCTU has modest reverse predictability. Overlapping area represents the amount of predictability between AUTHUM INVESTMENT time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 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 AUTHUM INVESTMENT price movement. The serial correlation of -0.44 indicates that just about 44.0% of current AUTHUM INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 6491.65 |
AUTHUM INVESTMENT lagged returns against current returns
Autocorrelation, which is AUTHUM INVESTMENT 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 AUTHUM INVESTMENT's stock expected returns. We can calculate the autocorrelation of AUTHUM INVESTMENT returns to help us make a trade decision. For example, suppose you find that AUTHUM INVESTMENT 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 |
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AUTHUM INVESTMENT 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 AUTHUM INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AUTHUM INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AUTHUM INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
AUTHUM INVESTMENT Lagged Returns
When evaluating AUTHUM INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AUTHUM INVESTMENT stock have on its future price. AUTHUM INVESTMENT 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, AUTHUM INVESTMENT autocorrelation shows the relationship between AUTHUM INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in AUTHUM INVESTMENT INFRASTRUCTU.
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.Additional Tools for AUTHUM Stock Analysis
When running AUTHUM INVESTMENT's price analysis, check to measure AUTHUM INVESTMENT's 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 AUTHUM INVESTMENT is operating at the current time. Most of AUTHUM INVESTMENT's value examination focuses on studying past and present price action to predict the probability of AUTHUM INVESTMENT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AUTHUM INVESTMENT's price. Additionally, you may evaluate how the addition of AUTHUM INVESTMENT to your portfolios can decrease your overall portfolio volatility.