Jai Balaji (India) Market Value
| JAIBALAJI | 154.45 1.45 0.95% |
| Symbol | Jai |
Jai Balaji '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 Jai Balaji'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 Jai Balaji.
| 03/29/2024 |
| 01/23/2025 |
If you would invest 0.00 in Jai Balaji on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding Jai Balaji Industries or generate 0.0% return on investment in Jai Balaji over 300 days. Jai Balaji is related to or competes with Kaynes Technology, Compucom Software, Dev Information, Computer Age, LT Technology, and V2 Retail. More
Jai Balaji 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 Jai Balaji'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 Jai Balaji Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.76 | |||
| Information Ratio | 0.0902 | |||
| Maximum Drawdown | 479.84 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 4.78 |
Jai Balaji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jai Balaji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jai Balaji's standard deviation. In reality, there are many statistical measures that can use Jai Balaji historical prices to predict the future Jai Balaji's volatility.| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 4.74 | |||
| Total Risk Alpha | 3.16 | |||
| Sortino Ratio | 0.3411 | |||
| Treynor Ratio | (7.35) |
Jai Balaji Industries Backtested Returns
Jai Balaji is out of control given 3 months investment horizon. Jai Balaji Industries holds Efficiency (Sharpe) Ratio of 0.0925, which attests that the entity had a 0.0925 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.85% are justified by taking the suggested risk. Use Jai Balaji Industries Market Risk Adjusted Performance of (7.34), risk adjusted performance of 0.0865, and Downside Deviation of 13.76 to evaluate company specific risk that cannot be diversified away. Jai Balaji holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jai Balaji are expected to decrease at a much lower rate. During the bear market, Jai Balaji is likely to outperform the market. Use Jai Balaji Industries standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to analyze future returns on Jai Balaji Industries.
Auto-correlation | 0.07 |
Virtually no predictability
Jai Balaji Industries has virtually no predictability. Overlapping area represents the amount of predictability between Jai Balaji time series from 29th of March 2024 to 26th of August 2024 and 26th of August 2024 to 23rd 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 Jai Balaji Industries price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Jai Balaji price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 5547.38 |
Jai Balaji Industries lagged returns against current returns
Autocorrelation, which is Jai Balaji 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 Jai Balaji's stock expected returns. We can calculate the autocorrelation of Jai Balaji returns to help us make a trade decision. For example, suppose you find that Jai Balaji 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 |
Jai Balaji 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 Jai Balaji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jai Balaji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jai Balaji stock over time.
Current vs Lagged Prices |
| Timeline |
Jai Balaji Lagged Returns
When evaluating Jai Balaji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jai Balaji stock have on its future price. Jai Balaji 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, Jai Balaji autocorrelation shows the relationship between Jai Balaji stock current value and its past values and can show if there is a momentum factor associated with investing in Jai Balaji Industries.
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 Jai Stock
Jai Balaji financial ratios help investors to determine whether Jai 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 Jai with respect to the benefits of owning Jai Balaji security.