Emami (India) Market Value
| EMAMILTD | 659.05 19.15 2.82% |
| Symbol | Emami |
Emami '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 Emami'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 Emami.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Emami on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Emami Limited or generate 0.0% return on investment in Emami over 720 days. Emami is related to or competes with Tube Investments, Shyam Telecom, Man Infraconstructio, Uniinfo Telecom, EMBASSY OFFICE, Dhunseri Investments, and Tree House. Emami is entity of India. It is traded as Stock on NSE exchange. More
Emami 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 Emami'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 Emami Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 2.78 |
Emami Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emami's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emami's standard deviation. In reality, there are many statistical measures that can use Emami historical prices to predict the future Emami's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 1.54 |
Emami Limited Backtested Returns
Emami Limited secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Emami Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Emami's Mean Deviation of 1.52, coefficient of variation of (886.33), and Standard Deviation of 2.14 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emami are expected to decrease at a much lower rate. During the bear market, Emami is likely to outperform the market. At this point, Emami Limited has a negative expected return of -0.31%. Please make sure to confirm Emami's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Emami Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Emami Limited has good predictability. Overlapping area represents the amount of predictability between Emami time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Emami Limited price movement. The serial correlation of 0.77 indicates that around 77.0% of current Emami price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 18.5 K |
Emami Limited lagged returns against current returns
Autocorrelation, which is Emami 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 Emami's stock expected returns. We can calculate the autocorrelation of Emami returns to help us make a trade decision. For example, suppose you find that Emami 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 |
Emami 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 Emami stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emami stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emami stock over time.
Current vs Lagged Prices |
| Timeline |
Emami Lagged Returns
When evaluating Emami's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emami stock have on its future price. Emami 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, Emami autocorrelation shows the relationship between Emami stock current value and its past values and can show if there is a momentum factor associated with investing in Emami Limited.
Regressed Prices |
| Timeline |
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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 Emami Stock Analysis
When running Emami's price analysis, check to measure Emami'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 Emami is operating at the current time. Most of Emami's value examination focuses on studying past and present price action to predict the probability of Emami's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emami's price. Additionally, you may evaluate how the addition of Emami to your portfolios can decrease your overall portfolio volatility.