Arrow Greentech (India) Market Value
| ARROWGREEN | 864.60 24.65 2.77% |
| Symbol | Arrow |
Arrow Greentech '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 Arrow Greentech'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 Arrow Greentech.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Arrow Greentech on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Arrow Greentech Limited or generate 0.0% return on investment in Arrow Greentech over 30 days. Arrow Greentech is related to or competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, Gujarat Alkalies, Indian Metals, and JTL Industries. Arrow Greentech is entity of India. It is traded as Stock on NSE exchange. More
Arrow Greentech 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 Arrow Greentech'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 Arrow Greentech Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.94 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 7.29 |
Arrow Greentech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Greentech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Greentech's standard deviation. In reality, there are many statistical measures that can use Arrow Greentech historical prices to predict the future Arrow Greentech's volatility.| Risk Adjusted Performance | 0.0432 | |||
| Jensen Alpha | 0.0448 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 0.1711 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arrow Greentech'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.
Arrow Greentech Backtested Returns
Currently, Arrow Greentech Limited is very steady. Arrow Greentech secures Sharpe Ratio (or Efficiency) of 0.0352, which signifies that the company had a 0.0352% return per unit of risk over the last 3 months. We have found thirty technical indicators for Arrow Greentech Limited, which you can use to evaluate the volatility of the firm. Please confirm Arrow Greentech's Risk Adjusted Performance of 0.0432, mean deviation of 2.59, and Downside Deviation of 2.94 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Arrow Greentech has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Arrow Greentech returns are very sensitive to returns on the market. As the market goes up or down, Arrow Greentech is expected to follow. Arrow Greentech right now shows a risk of 3.46%. Please confirm Arrow Greentech value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Arrow Greentech will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
Arrow Greentech Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Arrow Greentech time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Arrow Greentech price movement. The serial correlation of -0.48 indicates that about 48.0% of current Arrow Greentech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1089.73 |
Arrow Greentech lagged returns against current returns
Autocorrelation, which is Arrow Greentech 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 Arrow Greentech's stock expected returns. We can calculate the autocorrelation of Arrow Greentech returns to help us make a trade decision. For example, suppose you find that Arrow Greentech 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 |
Arrow Greentech 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 Arrow Greentech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrow Greentech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrow Greentech stock over time.
Current vs Lagged Prices |
| Timeline |
Arrow Greentech Lagged Returns
When evaluating Arrow Greentech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrow Greentech stock have on its future price. Arrow Greentech 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, Arrow Greentech autocorrelation shows the relationship between Arrow Greentech stock current value and its past values and can show if there is a momentum factor associated with investing in Arrow Greentech Limited.
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 Arrow Stock Analysis
When running Arrow Greentech's price analysis, check to measure Arrow Greentech'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 Arrow Greentech is operating at the current time. Most of Arrow Greentech's value examination focuses on studying past and present price action to predict the probability of Arrow Greentech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Greentech's price. Additionally, you may evaluate how the addition of Arrow Greentech to your portfolios can decrease your overall portfolio volatility.