Life Insurance (India) Market Value
| LICI Stock | 824.90 3.30 0.40% |
| Symbol | Life |
Life Insurance '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 Life Insurance'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 Life Insurance.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Life Insurance on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Life Insurance or generate 0.0% return on investment in Life Insurance over 30 days. Life Insurance is related to or competes with Vardhman Special, NMDC Steel, SAL Steel, Kotak Mahindra, Central Bank, Vraj Iron, and Visa Steel. Life Insurance is entity of India. It is traded as Stock on NSE exchange. More
Life Insurance 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 Life Insurance'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 Life Insurance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.07 |
Life Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Life Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Life Insurance's standard deviation. In reality, there are many statistical measures that can use Life Insurance historical prices to predict the future Life Insurance's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.33) |
Life Insurance Backtested Returns
Life Insurance has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Life Insurance exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Life Insurance's Risk Adjusted Performance of (0.06), standard deviation of 1.56, and Mean Deviation of 1.19 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Life Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Life Insurance is expected to be smaller as well. At this point, Life Insurance has a negative expected return of -0.17%. Please make sure to verify Life Insurance's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Life Insurance performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.82 |
Very good predictability
Life Insurance has very good predictability. Overlapping area represents the amount of predictability between Life Insurance time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Life Insurance price movement. The serial correlation of 0.82 indicates that around 82.0% of current Life Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 207.3 |
Life Insurance lagged returns against current returns
Autocorrelation, which is Life Insurance 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 Life Insurance's stock expected returns. We can calculate the autocorrelation of Life Insurance returns to help us make a trade decision. For example, suppose you find that Life Insurance 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 |
Life Insurance 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 Life Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Life Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Life Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Life Insurance Lagged Returns
When evaluating Life Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Life Insurance stock have on its future price. Life Insurance 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, Life Insurance autocorrelation shows the relationship between Life Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Life Insurance.
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 Life Stock Analysis
When running Life Insurance's price analysis, check to measure Life Insurance'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 Life Insurance is operating at the current time. Most of Life Insurance's value examination focuses on studying past and present price action to predict the probability of Life Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Life Insurance's price. Additionally, you may evaluate how the addition of Life Insurance to your portfolios can decrease your overall portfolio volatility.