Gujarat Ambuja (India) Market Value
| GAEL Stock | 139.27 1.26 0.91% |
| Symbol | Gujarat |
Gujarat Ambuja '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 Gujarat Ambuja'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 Gujarat Ambuja.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Gujarat Ambuja on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Gujarat Ambuja Exports or generate 0.0% return on investment in Gujarat Ambuja over 720 days. Gujarat Ambuja is related to or competes with Manaksia Coated, Rajnandini Metal, Elgi Rubber, Embassy Office, Steelcast, Manaksia Steels, and Vibhor Steel. Gujarat Ambuja is entity of India. It is traded as Stock on NSE exchange. More
Gujarat Ambuja 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 Gujarat Ambuja'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 Gujarat Ambuja Exports upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.83 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.67 |
Gujarat Ambuja Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gujarat Ambuja's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gujarat Ambuja's standard deviation. In reality, there are many statistical measures that can use Gujarat Ambuja historical prices to predict the future Gujarat Ambuja's volatility.| Risk Adjusted Performance | 0.0128 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0113 |
Gujarat Ambuja Exports Backtested Returns
Currently, Gujarat Ambuja Exports is very steady. Gujarat Ambuja Exports holds Efficiency (Sharpe) Ratio of 0.0164, which attests that the entity had a 0.0164% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gujarat Ambuja Exports, which you can use to evaluate the volatility of the firm. Please check out Gujarat Ambuja's Market Risk Adjusted Performance of 0.0213, downside deviation of 2.24, and Risk Adjusted Performance of 0.0128 to validate if the risk estimate we provide is consistent with the expected return of 0.0434%. Gujarat Ambuja has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.87, which attests to possible diversification benefits within a given portfolio. Gujarat Ambuja returns are very sensitive to returns on the market. As the market goes up or down, Gujarat Ambuja is expected to follow. Gujarat Ambuja Exports right now retains a risk of 2.65%. Please check out Gujarat Ambuja coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Gujarat Ambuja will be following its current trending patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Gujarat Ambuja Exports has good reverse predictability. Overlapping area represents the amount of predictability between Gujarat Ambuja time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Gujarat Ambuja Exports price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Gujarat Ambuja price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 552.96 |
Gujarat Ambuja Exports lagged returns against current returns
Autocorrelation, which is Gujarat Ambuja 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 Gujarat Ambuja's stock expected returns. We can calculate the autocorrelation of Gujarat Ambuja returns to help us make a trade decision. For example, suppose you find that Gujarat Ambuja 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 |
Gujarat Ambuja 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 Gujarat Ambuja stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gujarat Ambuja stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gujarat Ambuja stock over time.
Current vs Lagged Prices |
| Timeline |
Gujarat Ambuja Lagged Returns
When evaluating Gujarat Ambuja's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gujarat Ambuja stock have on its future price. Gujarat Ambuja 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, Gujarat Ambuja autocorrelation shows the relationship between Gujarat Ambuja stock current value and its past values and can show if there is a momentum factor associated with investing in Gujarat Ambuja Exports.
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 Gujarat Stock Analysis
When running Gujarat Ambuja's price analysis, check to measure Gujarat Ambuja'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 Gujarat Ambuja is operating at the current time. Most of Gujarat Ambuja's value examination focuses on studying past and present price action to predict the probability of Gujarat Ambuja's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gujarat Ambuja's price. Additionally, you may evaluate how the addition of Gujarat Ambuja to your portfolios can decrease your overall portfolio volatility.