Embassy Office (India) Market Value
| EMBASSY-RR | 369.65 0.75 0.20% |
| Symbol | Embassy |
Embassy Office '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 Embassy Office'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 Embassy Office.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Embassy Office on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Embassy Office Parks or generate 0.0% return on investment in Embassy Office over 30 days. Embassy Office is related to or competes with NMDC, Steel Authority, Gujarat Narmada, Gujarat Alkalies, Indian Metals, JTL Industries, and India Glycols. Embassy Office is entity of India. It is traded as Stock on NSE exchange. More
Embassy Office 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 Embassy Office'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 Embassy Office Parks upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.8 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.44 |
Embassy Office Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embassy Office's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embassy Office's standard deviation. In reality, there are many statistical measures that can use Embassy Office historical prices to predict the future Embassy Office's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embassy Office's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Embassy Office Parks Backtested Returns
Embassy Office Parks secures Sharpe Ratio (or Efficiency) of -0.0352, which denotes the company had a -0.0352% return per unit of standard deviation over the last 3 months. Embassy Office Parks exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Embassy Office's Coefficient Of Variation of (2,322), standard deviation of 1.03, and Mean Deviation of 0.8107 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Embassy Office's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embassy Office is expected to be smaller as well. At this point, Embassy Office Parks has a negative expected return of -0.036%. Please make sure to confirm Embassy Office's information ratio, as well as the relationship between the potential upside and rate of daily change , to decide if Embassy Office Parks performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Embassy Office Parks has very weak reverse predictability. Overlapping area represents the amount of predictability between Embassy Office time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Embassy Office Parks price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Embassy Office price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 42.13 |
Embassy Office Parks lagged returns against current returns
Autocorrelation, which is Embassy Office 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 Embassy Office's stock expected returns. We can calculate the autocorrelation of Embassy Office returns to help us make a trade decision. For example, suppose you find that Embassy Office 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 |
Embassy Office 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 Embassy Office stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embassy Office stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embassy Office stock over time.
Current vs Lagged Prices |
| Timeline |
Embassy Office Lagged Returns
When evaluating Embassy Office's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embassy Office stock have on its future price. Embassy Office 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, Embassy Office autocorrelation shows the relationship between Embassy Office stock current value and its past values and can show if there is a momentum factor associated with investing in Embassy Office Parks.
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 Embassy Stock Analysis
When running Embassy Office's price analysis, check to measure Embassy Office'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 Embassy Office is operating at the current time. Most of Embassy Office's value examination focuses on studying past and present price action to predict the probability of Embassy Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embassy Office's price. Additionally, you may evaluate how the addition of Embassy Office to your portfolios can decrease your overall portfolio volatility.