Avonmore Capital (India) Market Value
| AVONMORE | 14.46 0.16 1.12% |
| Symbol | Avonmore |
Avonmore Capital '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 Avonmore Capital'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 Avonmore Capital.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Avonmore Capital on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Avonmore Capital Management or generate 0.0% return on investment in Avonmore Capital over 270 days. Avonmore Capital is related to or competes with United Breweries, Indian Metals, Ankit Metal, Varun Beverages, Silver Touch, Manaksia Coated, and Alkali Metals. Avonmore Capital is entity of India. It is traded as Stock on NSE exchange. More
Avonmore Capital 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 Avonmore Capital'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 Avonmore Capital Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | 0.0338 | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 4.5 |
Avonmore Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avonmore Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avonmore Capital's standard deviation. In reality, there are many statistical measures that can use Avonmore Capital historical prices to predict the future Avonmore Capital's volatility.| Risk Adjusted Performance | 0.0738 | |||
| Jensen Alpha | 0.1029 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0286 | |||
| Treynor Ratio | 0.2446 |
Avonmore Capital Man Backtested Returns
Currently, Avonmore Capital Management is not too volatile. Avonmore Capital Man secures Sharpe Ratio (or Efficiency) of 0.04, which signifies that the company had a 0.04% return per unit of risk over the last 3 months. We have found thirty technical indicators for Avonmore Capital Management, which you can use to evaluate the volatility of the firm. Please confirm Avonmore Capital's Risk Adjusted Performance of 0.0738, downside deviation of 2.88, and Mean Deviation of 1.88 to double-check if the risk estimate we provide is consistent with the expected return of 0.0983%. Avonmore Capital has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avonmore Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avonmore Capital is expected to be smaller as well. Avonmore Capital Man right now shows a risk of 2.46%. Please confirm Avonmore Capital Man semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Avonmore Capital Man will be following its price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Avonmore Capital Management has virtually no predictability. Overlapping area represents the amount of predictability between Avonmore Capital time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Avonmore Capital Man price movement. The serial correlation of 0.01 indicates that just 1.0% of current Avonmore Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Avonmore Capital Man lagged returns against current returns
Autocorrelation, which is Avonmore Capital 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 Avonmore Capital's stock expected returns. We can calculate the autocorrelation of Avonmore Capital returns to help us make a trade decision. For example, suppose you find that Avonmore Capital 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 |
Avonmore Capital 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 Avonmore Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avonmore Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avonmore Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Avonmore Capital Lagged Returns
When evaluating Avonmore Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avonmore Capital stock have on its future price. Avonmore Capital 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, Avonmore Capital autocorrelation shows the relationship between Avonmore Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Avonmore Capital Management.
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.Additional Tools for Avonmore Stock Analysis
When running Avonmore Capital's price analysis, check to measure Avonmore Capital'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 Avonmore Capital is operating at the current time. Most of Avonmore Capital's value examination focuses on studying past and present price action to predict the probability of Avonmore Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avonmore Capital's price. Additionally, you may evaluate how the addition of Avonmore Capital to your portfolios can decrease your overall portfolio volatility.