Ambica Agarbathies (India) Market Value
| AMBICAAGAR | 27.40 1.80 6.16% |
| Symbol | Ambica |
Ambica Agarbathies '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 Ambica Agarbathies' 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 Ambica Agarbathies.
| 03/01/2023 |
| 02/18/2025 |
If you would invest 0.00 in Ambica Agarbathies on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Ambica Agarbathies Aroma or generate 0.0% return on investment in Ambica Agarbathies over 720 days. Ambica Agarbathies is related to or competes with Datamatics Global, Punjab National, IDFC First, Kotak Mahindra, Paramount Communications, Tata Communications, and Clean Science. More
Ambica Agarbathies 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 Ambica Agarbathies' 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 Ambica Agarbathies Aroma upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.03 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 4.78 |
Ambica Agarbathies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ambica Agarbathies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ambica Agarbathies' standard deviation. In reality, there are many statistical measures that can use Ambica Agarbathies historical prices to predict the future Ambica Agarbathies' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ambica Agarbathies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ambica Agarbathies Aroma Backtested Returns
Ambica Agarbathies Aroma secures Sharpe Ratio (or Efficiency) of -0.0303, which signifies that the company had a -0.0303 % return per unit of standard deviation over the last 3 months. Ambica Agarbathies Aroma exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ambica Agarbathies' mean deviation of 2.22, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ambica Agarbathies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ambica Agarbathies is expected to be smaller as well. At this point, Ambica Agarbathies Aroma has a negative expected return of -0.097%. Please make sure to confirm Ambica Agarbathies' total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Ambica Agarbathies Aroma performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Ambica Agarbathies Aroma has virtually no predictability. Overlapping area represents the amount of predictability between Ambica Agarbathies time series from 1st of March 2023 to 24th of February 2024 and 24th of February 2024 to 18th of February 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 Ambica Agarbathies Aroma price movement. The serial correlation of 0.01 indicates that just 1.0% of current Ambica Agarbathies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 5.15 |
Ambica Agarbathies Aroma lagged returns against current returns
Autocorrelation, which is Ambica Agarbathies 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 Ambica Agarbathies' stock expected returns. We can calculate the autocorrelation of Ambica Agarbathies returns to help us make a trade decision. For example, suppose you find that Ambica Agarbathies 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 |
Ambica Agarbathies 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 Ambica Agarbathies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ambica Agarbathies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ambica Agarbathies stock over time.
Current vs Lagged Prices |
| Timeline |
Ambica Agarbathies Lagged Returns
When evaluating Ambica Agarbathies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ambica Agarbathies stock have on its future price. Ambica Agarbathies 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, Ambica Agarbathies autocorrelation shows the relationship between Ambica Agarbathies stock current value and its past values and can show if there is a momentum factor associated with investing in Ambica Agarbathies Aroma.
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 Ambica Stock
Ambica Agarbathies financial ratios help investors to determine whether Ambica 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 Ambica with respect to the benefits of owning Ambica Agarbathies security.