Allcargo Terminals (India) Market Value
| ATL Stock | 39.49 0.14 0.36% |
| Symbol | Allcargo |
Allcargo Terminals '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 Allcargo Terminals' 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 Allcargo Terminals.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Allcargo Terminals on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Allcargo Terminals or generate 0.0% return on investment in Allcargo Terminals over 30 days. Allcargo Terminals is related to or competes with Dodla Dairy, Univa Foods, Hemisphere Properties, Sportking India, Tata Communications, Kohinoor Foods, and Gallantt Ispat. Allcargo Terminals is entity of India. It is traded as Stock on NSE exchange. More
Allcargo Terminals 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 Allcargo Terminals' 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 Allcargo Terminals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 2.19 |
Allcargo Terminals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allcargo Terminals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allcargo Terminals' standard deviation. In reality, there are many statistical measures that can use Allcargo Terminals historical prices to predict the future Allcargo Terminals' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (2.87) |
Allcargo Terminals Backtested Returns
Allcargo Terminals secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Allcargo Terminals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allcargo Terminals' Standard Deviation of 2.09, risk adjusted performance of (0.15), and Mean Deviation of 1.67 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Allcargo Terminals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Allcargo Terminals is expected to be smaller as well. At this point, Allcargo Terminals has a negative expected return of -0.31%. Please make sure to confirm Allcargo Terminals' total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Allcargo Terminals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Allcargo Terminals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Allcargo Terminals time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Allcargo Terminals price movement. The serial correlation of -0.79 indicates that around 79.0% of current Allcargo Terminals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Allcargo Terminals lagged returns against current returns
Autocorrelation, which is Allcargo Terminals 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 Allcargo Terminals' stock expected returns. We can calculate the autocorrelation of Allcargo Terminals returns to help us make a trade decision. For example, suppose you find that Allcargo Terminals 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 |
Allcargo Terminals 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 Allcargo Terminals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allcargo Terminals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allcargo Terminals stock over time.
Current vs Lagged Prices |
| Timeline |
Allcargo Terminals Lagged Returns
When evaluating Allcargo Terminals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allcargo Terminals stock have on its future price. Allcargo Terminals 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, Allcargo Terminals autocorrelation shows the relationship between Allcargo Terminals stock current value and its past values and can show if there is a momentum factor associated with investing in Allcargo Terminals.
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 Allcargo Stock
Allcargo Terminals financial ratios help investors to determine whether Allcargo 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 Allcargo with respect to the benefits of owning Allcargo Terminals security.