Bannari Amman (India) Market Value
| BASML Stock | 41.01 4.21 9.31% |
| Symbol | Bannari |
Bannari Amman '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 Bannari Amman'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 Bannari Amman.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Bannari Amman on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Bannari Amman Spinning or generate 0.0% return on investment in Bannari Amman over 30 days. Bannari Amman is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. Bannari Amman is entity of India. It is traded as Stock on NSE exchange. More
Bannari Amman 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 Bannari Amman'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 Bannari Amman Spinning upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.69 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.99 |
Bannari Amman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bannari Amman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bannari Amman's standard deviation. In reality, there are many statistical measures that can use Bannari Amman historical prices to predict the future Bannari Amman's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.56) |
Bannari Amman Spinning Backtested Returns
Bannari Amman Spinning 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. Bannari Amman Spinning exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bannari Amman's Mean Deviation of 2.15, standard deviation of 2.89, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bannari Amman's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bannari Amman is expected to be smaller as well. At this point, Bannari Amman Spinning has a negative expected return of -0.45%. Please make sure to confirm Bannari Amman's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Bannari Amman Spinning performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Bannari Amman Spinning has very good predictability. Overlapping area represents the amount of predictability between Bannari Amman time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bannari Amman Spinning price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Bannari Amman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 8.6 |
Bannari Amman Spinning lagged returns against current returns
Autocorrelation, which is Bannari Amman 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 Bannari Amman's stock expected returns. We can calculate the autocorrelation of Bannari Amman returns to help us make a trade decision. For example, suppose you find that Bannari Amman 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 |
Bannari Amman 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 Bannari Amman stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bannari Amman stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bannari Amman stock over time.
Current vs Lagged Prices |
| Timeline |
Bannari Amman Lagged Returns
When evaluating Bannari Amman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bannari Amman stock have on its future price. Bannari Amman 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, Bannari Amman autocorrelation shows the relationship between Bannari Amman stock current value and its past values and can show if there is a momentum factor associated with investing in Bannari Amman Spinning.
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 Bannari Stock
Bannari Amman financial ratios help investors to determine whether Bannari 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 Bannari with respect to the benefits of owning Bannari Amman security.