EPL (India) Market Value
| EPL Stock | 276.50 0.45 0.16% |
| Symbol | EPL |
EPL '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 EPL'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 EPL.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in EPL on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding EPL Limited or generate 0.0% return on investment in EPL over 30 days. EPL is related to or competes with Dev Information, IdeaForge Technology, Visa Steel, STEEL EXCHANGE, Sunflag Iron, Usha Martin, and Mahamaya Steel. EPL is entity of India. It is traded as Stock on NSE exchange. More
EPL 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 EPL'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 EPL Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.0188 | |||
| Maximum Drawdown | 12.68 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 4.1 |
EPL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EPL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EPL's standard deviation. In reality, there are many statistical measures that can use EPL historical prices to predict the future EPL's volatility.| Risk Adjusted Performance | 0.0559 | |||
| Jensen Alpha | 0.1512 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | 1.64 |
EPL Limited Backtested Returns
EPL appears to be very steady, given 3 months investment horizon. EPL Limited secures Sharpe Ratio (or Efficiency) of 0.084, which denotes the company had a 0.084% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for EPL Limited, which you can use to evaluate the volatility of the firm. Please utilize EPL's Downside Deviation of 2.21, mean deviation of 1.92, and Semi Deviation of 2.07 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EPL holds a performance score of 6. The firm shows a Beta (market volatility) of 0.0992, which means not very significant fluctuations relative to the market. As returns on the market increase, EPL's returns are expected to increase less than the market. However, during the bear market, the loss of holding EPL is expected to be smaller as well. Please check EPL's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether EPL's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
EPL Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between EPL time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 EPL Limited price movement. The serial correlation of -0.06 indicates that barely 6.0% of current EPL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 77.85 |
EPL Limited lagged returns against current returns
Autocorrelation, which is EPL 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 EPL's stock expected returns. We can calculate the autocorrelation of EPL returns to help us make a trade decision. For example, suppose you find that EPL 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 |
EPL 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 EPL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EPL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EPL stock over time.
Current vs Lagged Prices |
| Timeline |
EPL Lagged Returns
When evaluating EPL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EPL stock have on its future price. EPL 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, EPL autocorrelation shows the relationship between EPL stock current value and its past values and can show if there is a momentum factor associated with investing in EPL 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 EPL Stock
EPL financial ratios help investors to determine whether EPL 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 EPL with respect to the benefits of owning EPL security.