Anand Rathi (India) Market Value
| ANANDRATHI | 4,169 13.10 0.32% |
| Symbol | Anand |
Anand Rathi '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 Anand Rathi'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 Anand Rathi.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Anand Rathi on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Anand Rathi Wealth or generate 0.0% return on investment in Anand Rathi over 720 days. Anand Rathi is related to or competes with Kilitch Drugs, Dhunseri Investments, UTI Asset, ZF Commercial, Industrial Investment, HDFC Asset, and Aarey Drugs. Anand Rathi is entity of India. It is traded as Stock on NSE exchange. More
Anand Rathi 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 Anand Rathi'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 Anand Rathi Wealth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.7 |
Anand Rathi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anand Rathi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anand Rathi's standard deviation. In reality, there are many statistical measures that can use Anand Rathi historical prices to predict the future Anand Rathi's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.2002 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0437 | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anand Rathi's 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.
Anand Rathi Wealth Backtested Returns
At this point, Anand Rathi is very steady. Anand Rathi Wealth secures Sharpe Ratio (or Efficiency) of 0.0839, which signifies that the company had a 0.0839% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Anand Rathi Wealth, which you can use to evaluate the volatility of the firm. Please confirm Anand Rathi's risk adjusted performance of 0.086, and Mean Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Anand Rathi has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anand Rathi are expected to decrease at a much lower rate. During the bear market, Anand Rathi is likely to outperform the market. Anand Rathi Wealth right now shows a risk of 1.76%. Please confirm Anand Rathi Wealth semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to decide if Anand Rathi Wealth will be following its price patterns.
Auto-correlation | 0.46 |
Average predictability
Anand Rathi Wealth has average predictability. Overlapping area represents the amount of predictability between Anand Rathi time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Anand Rathi Wealth price movement. The serial correlation of 0.46 indicates that about 46.0% of current Anand Rathi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 205.9 K |
Anand Rathi Wealth lagged returns against current returns
Autocorrelation, which is Anand Rathi 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 Anand Rathi's stock expected returns. We can calculate the autocorrelation of Anand Rathi returns to help us make a trade decision. For example, suppose you find that Anand Rathi 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 |
Anand Rathi 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 Anand Rathi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anand Rathi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anand Rathi stock over time.
Current vs Lagged Prices |
| Timeline |
Anand Rathi Lagged Returns
When evaluating Anand Rathi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anand Rathi stock have on its future price. Anand Rathi 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, Anand Rathi autocorrelation shows the relationship between Anand Rathi stock current value and its past values and can show if there is a momentum factor associated with investing in Anand Rathi Wealth.
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 Anand Stock
Anand Rathi financial ratios help investors to determine whether Anand 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 Anand with respect to the benefits of owning Anand Rathi security.