Lemon Tree (India) Market Value
| LEMONTREE | 128.01 2.34 1.86% |
| Symbol | Lemon |
Lemon Tree '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 Lemon Tree'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 Lemon Tree.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lemon Tree on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lemon Tree Hotels or generate 0.0% return on investment in Lemon Tree over 30 days. Lemon Tree is related to or competes with MMTC, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, and Tribhovandas Bhimji. Lemon Tree is entity of India. It is traded as Stock on NSE exchange. More
Lemon Tree 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 Lemon Tree'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 Lemon Tree Hotels upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.73 |
Lemon Tree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lemon Tree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lemon Tree's standard deviation. In reality, there are many statistical measures that can use Lemon Tree historical prices to predict the future Lemon Tree's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (1.89) |
Lemon Tree Hotels Backtested Returns
Lemon Tree Hotels has Sharpe Ratio of -0.0239, which conveys that the firm had a -0.0239% return per unit of risk over the last 3 months. Lemon Tree exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lemon Tree's Mean Deviation of 1.24, standard deviation of 1.7, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0471, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lemon Tree's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lemon Tree is expected to be smaller as well. At this point, Lemon Tree Hotels has a negative expected return of -0.0416%. Please make sure to verify Lemon Tree's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Lemon Tree Hotels performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Lemon Tree Hotels has good predictability. Overlapping area represents the amount of predictability between Lemon Tree 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 Lemon Tree Hotels price movement. The serial correlation of 0.7 indicates that around 70.0% of current Lemon Tree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 6.35 |
Lemon Tree Hotels lagged returns against current returns
Autocorrelation, which is Lemon Tree 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 Lemon Tree's stock expected returns. We can calculate the autocorrelation of Lemon Tree returns to help us make a trade decision. For example, suppose you find that Lemon Tree 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 |
Lemon Tree 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 Lemon Tree stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lemon Tree stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lemon Tree stock over time.
Current vs Lagged Prices |
| Timeline |
Lemon Tree Lagged Returns
When evaluating Lemon Tree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lemon Tree stock have on its future price. Lemon Tree 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, Lemon Tree autocorrelation shows the relationship between Lemon Tree stock current value and its past values and can show if there is a momentum factor associated with investing in Lemon Tree Hotels.
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.Additional Tools for Lemon Stock Analysis
When running Lemon Tree's price analysis, check to measure Lemon Tree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lemon Tree is operating at the current time. Most of Lemon Tree's value examination focuses on studying past and present price action to predict the probability of Lemon Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lemon Tree's price. Additionally, you may evaluate how the addition of Lemon Tree to your portfolios can decrease your overall portfolio volatility.