Mahindra Logistics (India) Market Value
| MAHLOG Stock | 382.90 4.90 1.26% |
| Symbol | Mahindra |
Mahindra Logistics '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 Mahindra Logistics' 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 Mahindra Logistics.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Mahindra Logistics on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Mahindra Logistics Limited or generate 0.0% return on investment in Mahindra Logistics over 390 days. Mahindra Logistics is related to or competes with Agro Tech, Parag Milk, Omkar Speciality, Privi Speciality, Univa Foods, Heritage Foods, and Kohinoor Foods. Mahindra Logistics is entity of India. It is traded as Stock on NSE exchange. More
Mahindra Logistics 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 Mahindra Logistics' 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 Mahindra Logistics Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 9.42 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 2.45 |
Mahindra Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mahindra Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mahindra Logistics' standard deviation. In reality, there are many statistical measures that can use Mahindra Logistics historical prices to predict the future Mahindra Logistics' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.56) |
Mahindra Logistics Backtested Returns
Mahindra Logistics has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Mahindra Logistics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mahindra Logistics' Mean Deviation of 1.34, risk adjusted performance of (0.15), and Standard Deviation of 1.85 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mahindra Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mahindra Logistics is expected to be smaller as well. At this point, Mahindra Logistics has a negative expected return of -0.34%. Please make sure to verify Mahindra Logistics' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Mahindra Logistics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Mahindra Logistics Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Mahindra Logistics time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Mahindra Logistics price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Mahindra Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1671.04 |
Mahindra Logistics lagged returns against current returns
Autocorrelation, which is Mahindra Logistics 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 Mahindra Logistics' stock expected returns. We can calculate the autocorrelation of Mahindra Logistics returns to help us make a trade decision. For example, suppose you find that Mahindra Logistics 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 |
Mahindra Logistics 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 Mahindra Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mahindra Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mahindra Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
Mahindra Logistics Lagged Returns
When evaluating Mahindra Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mahindra Logistics stock have on its future price. Mahindra Logistics 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, Mahindra Logistics autocorrelation shows the relationship between Mahindra Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in Mahindra Logistics 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 Mahindra Stock
Mahindra Logistics financial ratios help investors to determine whether Mahindra 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 Mahindra with respect to the benefits of owning Mahindra Logistics security.