Equinox India (India) Market Value
| IBREALEST | 156.01 1.17 0.76% |
| Symbol | Equinox |
Equinox India '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 Equinox India'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 Equinox India.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Equinox India on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Equinox India Developments or generate 0.0% return on investment in Equinox India over 30 days. Equinox India is related to or competes with Diligent Media, HT Media, CSB Bank, CREDITACCESS GRAMEEN, Hybrid Financial, Tamilnad Mercantile, and Shemaroo Entertainment. More
Equinox India 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 Equinox India'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 Equinox India Developments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.1266 | |||
| Maximum Drawdown | 25.69 | |||
| Value At Risk | (5.69) | |||
| Potential Upside | 8.57 |
Equinox India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equinox India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equinox India's standard deviation. In reality, there are many statistical measures that can use Equinox India historical prices to predict the future Equinox India's volatility.| Risk Adjusted Performance | 0.122 | |||
| Jensen Alpha | 0.57 | |||
| Total Risk Alpha | 0.4405 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | 2.2 |
Equinox India Develo Backtested Returns
Equinox India appears to be very steady, given 3 months investment horizon. Equinox India Develo secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14 % return per unit of risk over the last 3 months. By reviewing Equinox India's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Equinox India's Coefficient Of Variation of 740.74, mean deviation of 2.82, and Downside Deviation of 3.11 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Equinox India holds a performance score of 10. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Equinox India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equinox India is expected to be smaller as well. Please check Equinox India's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Equinox India's price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Equinox India Developments has modest predictability. Overlapping area represents the amount of predictability between Equinox India time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Equinox India Develo price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Equinox India price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 104.52 |
Equinox India Develo lagged returns against current returns
Autocorrelation, which is Equinox India 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 Equinox India's stock expected returns. We can calculate the autocorrelation of Equinox India returns to help us make a trade decision. For example, suppose you find that Equinox India 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 |
Equinox India 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 Equinox India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equinox India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equinox India stock over time.
Current vs Lagged Prices |
| Timeline |
Equinox India Lagged Returns
When evaluating Equinox India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equinox India stock have on its future price. Equinox India 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, Equinox India autocorrelation shows the relationship between Equinox India stock current value and its past values and can show if there is a momentum factor associated with investing in Equinox India Developments.
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 Equinox Stock
Equinox India financial ratios help investors to determine whether Equinox 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 Equinox with respect to the benefits of owning Equinox India security.