IRB Infrastructure (India) Market Value
| IRB Stock | 51.15 3.55 7.46% |
| Symbol | IRB |
IRB Infrastructure '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 IRB Infrastructure'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 IRB Infrastructure.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in IRB Infrastructure on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding IRB Infrastructure Developers or generate 0.0% return on investment in IRB Infrastructure over 510 days. IRB Infrastructure is related to or competes with Melstar Information, Consolidated Construction, Biofil Chemicals, and Refex Industries. IRB Infrastructure is entity of India. It is traded as Stock on NSE exchange. More
IRB Infrastructure 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 IRB Infrastructure'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 IRB Infrastructure Developers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.15 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.06 |
IRB Infrastructure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRB Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IRB Infrastructure's standard deviation. In reality, there are many statistical measures that can use IRB Infrastructure historical prices to predict the future IRB Infrastructure's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (5.46) |
IRB Infrastructure Backtested Returns
IRB Infrastructure retains Efficiency (Sharpe Ratio) of -0.14, which attests that the entity had a -0.14% return per unit of return volatility over the last 3 months. IRB Infrastructure exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IRB Infrastructure's Market Risk Adjusted Performance of (5.45), standard deviation of 2.62, and Coefficient Of Variation of (784.70) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0629, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IRB Infrastructure's returns are expected to increase less than the market. However, during the bear market, the loss of holding IRB Infrastructure is expected to be smaller as well. At this point, IRB Infrastructure has a negative expected return of -0.37%. Please make sure to check out IRB Infrastructure's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if IRB Infrastructure performance from the past will be repeated in the future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
IRB Infrastructure Developers has almost perfect reverse predictability. Overlapping area represents the amount of predictability between IRB Infrastructure time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 IRB Infrastructure price movement. The serial correlation of -0.77 indicates that around 77.0% of current IRB Infrastructure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 38.95 |
IRB Infrastructure lagged returns against current returns
Autocorrelation, which is IRB Infrastructure 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 IRB Infrastructure's stock expected returns. We can calculate the autocorrelation of IRB Infrastructure returns to help us make a trade decision. For example, suppose you find that IRB Infrastructure 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 |
IRB Infrastructure 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 IRB Infrastructure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IRB Infrastructure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IRB Infrastructure stock over time.
Current vs Lagged Prices |
| Timeline |
IRB Infrastructure Lagged Returns
When evaluating IRB Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IRB Infrastructure stock have on its future price. IRB Infrastructure 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, IRB Infrastructure autocorrelation shows the relationship between IRB Infrastructure stock current value and its past values and can show if there is a momentum factor associated with investing in IRB Infrastructure Developers.
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 IRB Stock
IRB Infrastructure financial ratios help investors to determine whether IRB 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 IRB with respect to the benefits of owning IRB Infrastructure security.