Anup Engineering (India) Market Value
| ANUP Stock | 3,679 245.20 7.14% |
| Symbol | Anup |
Anup Engineering '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 Anup Engineering'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 Anup Engineering.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Anup Engineering on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding The Anup Engineering or generate 0.0% return on investment in Anup Engineering over 30 days. Anup Engineering is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. Anup Engineering is entity of India. It is traded as Stock on NSE exchange. More
Anup Engineering 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 Anup Engineering'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 The Anup Engineering upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.1952 | |||
| Maximum Drawdown | 22.36 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 10.4 |
Anup Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anup Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anup Engineering's standard deviation. In reality, there are many statistical measures that can use Anup Engineering historical prices to predict the future Anup Engineering's volatility.| Risk Adjusted Performance | 0.1827 | |||
| Jensen Alpha | 0.9091 | |||
| Total Risk Alpha | 0.273 | |||
| Sortino Ratio | 0.3002 | |||
| Treynor Ratio | (119.49) |
Anup Engineering Backtested Returns
Anup Engineering appears to be very steady, given 3 months investment horizon. Anup Engineering secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. By analyzing Anup Engineering's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of Anup Engineering's Semi Deviation of 2.06, mean deviation of 2.73, and Risk Adjusted Performance of 0.1827 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anup Engineering holds a performance score of 15. The firm shows a Beta (market volatility) of -0.0076, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anup Engineering are expected to decrease at a much lower rate. During the bear market, Anup Engineering is likely to outperform the market. Please check Anup Engineering's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Anup Engineering's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
The Anup Engineering has below average predictability. Overlapping area represents the amount of predictability between Anup Engineering time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Anup Engineering price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Anup Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 14.3 K |
Anup Engineering lagged returns against current returns
Autocorrelation, which is Anup Engineering 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 Anup Engineering's stock expected returns. We can calculate the autocorrelation of Anup Engineering returns to help us make a trade decision. For example, suppose you find that Anup Engineering 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 |
Anup Engineering 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 Anup Engineering stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anup Engineering stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anup Engineering stock over time.
Current vs Lagged Prices |
| Timeline |
Anup Engineering Lagged Returns
When evaluating Anup Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anup Engineering stock have on its future price. Anup Engineering 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, Anup Engineering autocorrelation shows the relationship between Anup Engineering stock current value and its past values and can show if there is a momentum factor associated with investing in The Anup Engineering.
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 Anup Stock Analysis
When running Anup Engineering's price analysis, check to measure Anup Engineering'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 Anup Engineering is operating at the current time. Most of Anup Engineering's value examination focuses on studying past and present price action to predict the probability of Anup Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anup Engineering's price. Additionally, you may evaluate how the addition of Anup Engineering to your portfolios can decrease your overall portfolio volatility.