Crown Lifters (India) Market Value
| CROWN Stock | 160.11 6.31 3.79% |
| Symbol | Crown |
Crown Lifters '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 Crown Lifters' 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 Crown Lifters.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Crown Lifters on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Crown Lifters Limited or generate 0.0% return on investment in Crown Lifters over 30 days. Crown Lifters is related to or competes with ICICI Securities, Nippon Life, Fortis Healthcare, CEAT, Max Financial, and KEC International. Crown Lifters is entity of India. It is traded as Stock on NSE exchange. More
Crown Lifters 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 Crown Lifters' 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 Crown Lifters Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 4.24 |
Crown Lifters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Lifters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Lifters' standard deviation. In reality, there are many statistical measures that can use Crown Lifters historical prices to predict the future Crown Lifters' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (7.79) |
Crown Lifters Limited Backtested Returns
Crown Lifters Limited 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. Crown Lifters Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crown Lifters' Standard Deviation of 2.9, mean deviation of 2.41, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0565, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Crown Lifters' returns are expected to increase less than the market. However, during the bear market, the loss of holding Crown Lifters is expected to be smaller as well. At this point, Crown Lifters Limited has a negative expected return of -0.45%. Please make sure to confirm Crown Lifters' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Crown Lifters Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Crown Lifters Limited has modest predictability. Overlapping area represents the amount of predictability between Crown Lifters time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 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 Crown Lifters Limited price movement. The serial correlation of 0.52 indicates that about 52.0% of current Crown Lifters price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 47.1 |
Crown Lifters Limited lagged returns against current returns
Autocorrelation, which is Crown Lifters 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 Crown Lifters' stock expected returns. We can calculate the autocorrelation of Crown Lifters returns to help us make a trade decision. For example, suppose you find that Crown Lifters 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 |
Crown Lifters 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 Crown Lifters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Lifters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Lifters stock over time.
Current vs Lagged Prices |
| Timeline |
Crown Lifters Lagged Returns
When evaluating Crown Lifters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Lifters stock have on its future price. Crown Lifters 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, Crown Lifters autocorrelation shows the relationship between Crown Lifters stock current value and its past values and can show if there is a momentum factor associated with investing in Crown Lifters 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 Crown Stock
Crown Lifters financial ratios help investors to determine whether Crown 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 Crown with respect to the benefits of owning Crown Lifters security.