Apollo Sindoori (India) Market Value
| APOLSINHOT | 1,728 7.20 0.42% |
| Symbol | Apollo |
Apollo Sindoori '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 Apollo Sindoori'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 Apollo Sindoori.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Apollo Sindoori on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Apollo Sindoori Hotels or generate 0.0% return on investment in Apollo Sindoori over 30 days. Apollo Sindoori is related to or competes with Reliance Industries, Life Insurance, Indian Oil, and Oil Natural. Apollo Sindoori is entity of India. It is traded as Stock on NSE exchange. More
Apollo Sindoori 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 Apollo Sindoori'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 Apollo Sindoori Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0633 | |||
| Maximum Drawdown | 24.1 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 6.25 |
Apollo Sindoori Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apollo Sindoori's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apollo Sindoori's standard deviation. In reality, there are many statistical measures that can use Apollo Sindoori historical prices to predict the future Apollo Sindoori's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | 0.3471 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1006 | |||
| Treynor Ratio | (1.00) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Apollo Sindoori'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.
Apollo Sindoori Hotels Backtested Returns
Apollo Sindoori appears to be very steady, given 3 months investment horizon. Apollo Sindoori Hotels secures Sharpe Ratio (or Efficiency) of 0.0822, which signifies that the company had a 0.0822% return per unit of risk over the last 3 months. We have found thirty technical indicators for Apollo Sindoori Hotels, which you can use to evaluate the volatility of the firm. Please makes use of Apollo Sindoori's Risk Adjusted Performance of 0.0804, downside deviation of 2.15, and Mean Deviation of 2.12 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Apollo Sindoori holds a performance score of 6. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Apollo Sindoori are expected to decrease at a much lower rate. During the bear market, Apollo Sindoori is likely to outperform the market. Please check Apollo Sindoori's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Apollo Sindoori's price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Apollo Sindoori Hotels has weak reverse predictability. Overlapping area represents the amount of predictability between Apollo Sindoori time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Apollo Sindoori Hotels price movement. The serial correlation of -0.24 indicates that over 24.0% of current Apollo Sindoori price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 920.48 |
Apollo Sindoori Hotels lagged returns against current returns
Autocorrelation, which is Apollo Sindoori 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 Apollo Sindoori's stock expected returns. We can calculate the autocorrelation of Apollo Sindoori returns to help us make a trade decision. For example, suppose you find that Apollo Sindoori 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 |
Apollo Sindoori 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 Apollo Sindoori stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apollo Sindoori stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apollo Sindoori stock over time.
Current vs Lagged Prices |
| Timeline |
Apollo Sindoori Lagged Returns
When evaluating Apollo Sindoori's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apollo Sindoori stock have on its future price. Apollo Sindoori 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, Apollo Sindoori autocorrelation shows the relationship between Apollo Sindoori stock current value and its past values and can show if there is a momentum factor associated with investing in Apollo Sindoori Hotels.
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 Apollo Stock
Apollo Sindoori financial ratios help investors to determine whether Apollo 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 Apollo with respect to the benefits of owning Apollo Sindoori security.