Arvind Fashions (India) Market Value
| ARVINDFASN | 569.00 3.05 0.53% |
| Symbol | Arvind |
Arvind Fashions '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 Arvind Fashions' 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 Arvind Fashions.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Arvind Fashions on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Arvind Fashions Limited or generate 0.0% return on investment in Arvind Fashions over 180 days. Arvind Fashions is related to or competes with Tips Music, Nalwa Sons, POWERGRID Infrastructure, Bajaj Holdings, Industrial Investment, Kalyani Investment, and Music Broadcast. Arvind Fashions is entity of India. It is traded as Stock on NSE exchange. More
Arvind Fashions 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 Arvind Fashions' 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 Arvind Fashions Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.14 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.49 |
Arvind Fashions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arvind Fashions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arvind Fashions' standard deviation. In reality, there are many statistical measures that can use Arvind Fashions historical prices to predict the future Arvind Fashions' volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | 0.0781 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4997 |
Arvind Fashions Backtested Returns
At this point, Arvind Fashions is very steady. Arvind Fashions secures Sharpe Ratio (or Efficiency) of 0.0533, which signifies that the company had a 0.0533% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arvind Fashions Limited, which you can use to evaluate the volatility of the firm. Please confirm Arvind Fashions' Downside Deviation of 2.01, risk adjusted performance of 0.0527, and Mean Deviation of 1.37 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Arvind Fashions has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arvind Fashions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Arvind Fashions is expected to be smaller as well. Arvind Fashions right now shows a risk of 1.89%. Please confirm Arvind Fashions value at risk, as well as the relationship between the skewness and day median price , to decide if Arvind Fashions will be following its price patterns.
Auto-correlation | 0.21 |
Weak predictability
Arvind Fashions Limited has weak predictability. Overlapping area represents the amount of predictability between Arvind Fashions time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Arvind Fashions price movement. The serial correlation of 0.21 indicates that over 21.0% of current Arvind Fashions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 369.94 |
Arvind Fashions lagged returns against current returns
Autocorrelation, which is Arvind Fashions 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 Arvind Fashions' stock expected returns. We can calculate the autocorrelation of Arvind Fashions returns to help us make a trade decision. For example, suppose you find that Arvind Fashions 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 |
Arvind Fashions 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 Arvind Fashions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arvind Fashions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arvind Fashions stock over time.
Current vs Lagged Prices |
| Timeline |
Arvind Fashions Lagged Returns
When evaluating Arvind Fashions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arvind Fashions stock have on its future price. Arvind Fashions 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, Arvind Fashions autocorrelation shows the relationship between Arvind Fashions stock current value and its past values and can show if there is a momentum factor associated with investing in Arvind Fashions Limited.
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 Arvind Stock
Arvind Fashions financial ratios help investors to determine whether Arvind 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 Arvind with respect to the benefits of owning Arvind Fashions security.