Geojit Financial (India) Market Value
| GEOJITFSL | 90.46 0.27 0.30% |
| Symbol | Geojit |
Geojit Financial '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 Geojit Financial'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 Geojit Financial.
| 02/12/2024 |
| 02/06/2025 |
If you would invest 0.00 in Geojit Financial on February 12, 2024 and sell it all today you would earn a total of 0.00 from holding Geojit Financial Services or generate 0.0% return on investment in Geojit Financial over 360 days. Geojit Financial is related to or competes with Gallantt Ispat, Zydus Wellness, Global Health, Syrma SGS, Tera Software, Kaynes Technology, and Fortis Healthcare. More
Geojit Financial 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 Geojit Financial'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 Geojit Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 16.32 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 4.91 |
Geojit Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geojit Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geojit Financial's standard deviation. In reality, there are many statistical measures that can use Geojit Financial historical prices to predict the future Geojit Financial's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.71) |
Geojit Financial Services Backtested Returns
Geojit Financial Services holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17 % return per unit of risk over the last 3 months. Geojit Financial Services exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Geojit Financial's Standard Deviation of 2.85, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (0.70) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Geojit Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Geojit Financial is expected to be smaller as well. At this point, Geojit Financial Services has a negative expected return of -0.47%. Please make sure to check out Geojit Financial's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Geojit Financial Services performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Geojit Financial Services has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Geojit Financial time series from 12th of February 2024 to 10th of August 2024 and 10th of August 2024 to 6th of February 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 Geojit Financial Services price movement. The serial correlation of -0.72 indicates that around 72.0% of current Geojit Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 391.74 |
Geojit Financial Services lagged returns against current returns
Autocorrelation, which is Geojit Financial 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 Geojit Financial's stock expected returns. We can calculate the autocorrelation of Geojit Financial returns to help us make a trade decision. For example, suppose you find that Geojit Financial 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 |
Geojit Financial 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 Geojit Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geojit Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geojit Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Geojit Financial Lagged Returns
When evaluating Geojit Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geojit Financial stock have on its future price. Geojit Financial 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, Geojit Financial autocorrelation shows the relationship between Geojit Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Geojit Financial Services.
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 Geojit Stock
Geojit Financial financial ratios help investors to determine whether Geojit 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 Geojit with respect to the benefits of owning Geojit Financial security.