Ausom Enterprise (India) Market Value
| AUSOMENT | 106.77 4.51 4.41% |
| Symbol | Ausom |
Ausom Enterprise '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 Ausom Enterprise'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 Ausom Enterprise.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Ausom Enterprise on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Ausom Enterprise Limited or generate 0.0% return on investment in Ausom Enterprise over 180 days. Ausom Enterprise is related to or competes with Nalwa Sons, Kalyani Investment, Pilani Investment, Vardhman Holdings, and Summit Securities. Ausom Enterprise is entity of India. It is traded as Stock on NSE exchange. More
Ausom Enterprise 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 Ausom Enterprise'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 Ausom Enterprise Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.69 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 30.0 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 6.8 |
Ausom Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ausom Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ausom Enterprise's standard deviation. In reality, there are many statistical measures that can use Ausom Enterprise historical prices to predict the future Ausom Enterprise's volatility.| Risk Adjusted Performance | 0.0516 | |||
| Jensen Alpha | 0.3557 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | (0.41) |
Ausom Enterprise Backtested Returns
Ausom Enterprise appears to be very steady, given 3 months investment horizon. Ausom Enterprise secures Sharpe Ratio (or Efficiency) of 0.0572, which signifies that the company had a 0.0572% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ausom Enterprise Limited, which you can use to evaluate the volatility of the firm. Please makes use of Ausom Enterprise's Mean Deviation of 3.44, risk adjusted performance of 0.0516, and Downside Deviation of 4.69 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ausom Enterprise holds a performance score of 4. The firm shows a Beta (market volatility) of -0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ausom Enterprise are expected to decrease at a much lower rate. During the bear market, Ausom Enterprise is likely to outperform the market. Please check Ausom Enterprise's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Ausom Enterprise's price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Ausom Enterprise Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Ausom Enterprise 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 Ausom Enterprise price movement. The serial correlation of -0.47 indicates that about 47.0% of current Ausom Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 530.09 |
Ausom Enterprise lagged returns against current returns
Autocorrelation, which is Ausom Enterprise 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 Ausom Enterprise's stock expected returns. We can calculate the autocorrelation of Ausom Enterprise returns to help us make a trade decision. For example, suppose you find that Ausom Enterprise 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 |
Ausom Enterprise 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 Ausom Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ausom Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ausom Enterprise stock over time.
Current vs Lagged Prices |
| Timeline |
Ausom Enterprise Lagged Returns
When evaluating Ausom Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ausom Enterprise stock have on its future price. Ausom Enterprise 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, Ausom Enterprise autocorrelation shows the relationship between Ausom Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in Ausom Enterprise 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 Ausom Stock
Ausom Enterprise financial ratios help investors to determine whether Ausom 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 Ausom with respect to the benefits of owning Ausom Enterprise security.