SP BSE-200's market value is the price at which a share of SP BSE-200 trades on a public exchange. It measures the collective expectations of SP BSE-200 investors about its performance. SP BSE-200 is listed at 11103.31 as of the 26th of November 2024, which is a 0.04% up since the beginning of the trading day. The index's open price was 11098.49. With this module, you can estimate the performance of a buy and hold strategy of SP BSE-200 and determine expected loss or profit from investing in SP BSE-200 over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
BSE200
SP BSE-200 '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 SP BSE-200's index 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 SP BSE-200.
0.00
09/27/2024
No Change 0.00
0.0
In 2 months and 2 days
11/26/2024
0.00
If you would invest 0.00 in SP BSE-200 on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding SP BSE-200 or generate 0.0% return on investment in SP BSE-200 over 60 days.
SP BSE-200 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 SP BSE-200's index 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 SP BSE-200 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP BSE-200's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP BSE-200's standard deviation. In reality, there are many statistical measures that can use SP BSE-200 historical prices to predict the future SP BSE-200's volatility.
SP BSE-200 retains Efficiency (Sharpe Ratio) of -0.082, which indicates the index had a -0.082% return per unit of price deviation over the last 3 months. SP BSE-200 exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SP BSE-200 are completely uncorrelated.
Auto-correlation
0.44
Average predictability
SP BSE-200 has average predictability. Overlapping area represents the amount of predictability between SP BSE-200 time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 SP BSE-200 price movement. The serial correlation of 0.44 indicates that just about 44.0% of current SP BSE-200 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.41
Residual Average
0.0
Price Variance
27.4 K
SP BSE-200 lagged returns against current returns
Autocorrelation, which is SP BSE-200 index'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 SP BSE-200's index expected returns. We can calculate the autocorrelation of SP BSE-200 returns to help us make a trade decision. For example, suppose you find that SP BSE-200 has exhibited high autocorrelation historically, and you observe that the index 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
SP BSE-200 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 SP BSE-200 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP BSE-200 index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP BSE-200 index over time.
Current vs Lagged Prices
Timeline
SP BSE-200 Lagged Returns
When evaluating SP BSE-200's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP BSE-200 index have on its future price. SP BSE-200 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, SP BSE-200 autocorrelation shows the relationship between SP BSE-200 index current value and its past values and can show if there is a momentum factor associated with investing in SP BSE-200.
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.