Kohinoor Foods (India) Market Value
| KOHINOOR | 40.95 0.10 0.24% |
| Symbol | Kohinoor |
Kohinoor Foods '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 Kohinoor Foods' 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 Kohinoor Foods.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Kohinoor Foods on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Kohinoor Foods Limited or generate 0.0% return on investment in Kohinoor Foods over 30 days. Kohinoor Foods is related to or competes with Reliance Industries, State Bank, HDFC Bank, Oil Natural, Coal India, and Tata Consultancy. Kohinoor Foods is entity of India. It is traded as Stock on NSE exchange. More
Kohinoor Foods 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 Kohinoor Foods' 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 Kohinoor Foods Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 27.84 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 3.83 |
Kohinoor Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kohinoor Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kohinoor Foods' standard deviation. In reality, there are many statistical measures that can use Kohinoor Foods historical prices to predict the future Kohinoor Foods' volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0211 |
Kohinoor Foods Backtested Returns
As of now, Kohinoor Stock is not too volatile. Kohinoor Foods has Sharpe Ratio of 0.0196, which conveys that the firm had a 0.0196% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kohinoor Foods, which you can use to evaluate the volatility of the firm. Please verify Kohinoor Foods' Risk Adjusted Performance of 0.0116, mean deviation of 2.32, and Downside Deviation of 2.88 to check out if the risk estimate we provide is consistent with the expected return of 0.0822%. Kohinoor Foods has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kohinoor Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kohinoor Foods is expected to be smaller as well. Kohinoor Foods right now secures a risk of 4.2%. Please verify Kohinoor Foods Limited potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Kohinoor Foods Limited will be following its current price movements.
Auto-correlation | 0.08 |
Virtually no predictability
Kohinoor Foods Limited has virtually no predictability. Overlapping area represents the amount of predictability between Kohinoor Foods time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Kohinoor Foods price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Kohinoor Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Kohinoor Foods lagged returns against current returns
Autocorrelation, which is Kohinoor Foods 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 Kohinoor Foods' stock expected returns. We can calculate the autocorrelation of Kohinoor Foods returns to help us make a trade decision. For example, suppose you find that Kohinoor Foods 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 |
Kohinoor Foods 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 Kohinoor Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kohinoor Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kohinoor Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Kohinoor Foods Lagged Returns
When evaluating Kohinoor Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kohinoor Foods stock have on its future price. Kohinoor Foods 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, Kohinoor Foods autocorrelation shows the relationship between Kohinoor Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Kohinoor Foods Limited.
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 Kohinoor Stock
Kohinoor Foods financial ratios help investors to determine whether Kohinoor 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 Kohinoor with respect to the benefits of owning Kohinoor Foods security.