Maharashtra Scooters (India) Market Value
| MAHSCOOTER | 9,441 55.35 0.59% |
| Symbol | Maharashtra |
Maharashtra Scooters '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 Maharashtra Scooters' 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 Maharashtra Scooters.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Maharashtra Scooters on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Maharashtra Scooters Limited or generate 0.0% return on investment in Maharashtra Scooters over 180 days. Maharashtra Scooters is related to or competes with Hemisphere Properties, India Glycols, Indo Borax, Kingfa Science, Alkali Metals, Mahindra Logistics, and Krebs Biochemicals. Maharashtra Scooters is entity of India. It is traded as Stock on NSE exchange. More
Maharashtra Scooters 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 Maharashtra Scooters' 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 Maharashtra Scooters Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.72 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 5.56 |
Maharashtra Scooters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maharashtra Scooters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maharashtra Scooters' standard deviation. In reality, there are many statistical measures that can use Maharashtra Scooters historical prices to predict the future Maharashtra Scooters' volatility.| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.077 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Maharashtra Scooters' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Maharashtra Scooters Backtested Returns
As of now, Maharashtra Stock is very steady. Maharashtra Scooters has Sharpe Ratio of 0.0018, which conveys that the firm had a 0.0018% return per unit of risk over the last 3 months. We have found thirty technical indicators for Maharashtra Scooters, which you can use to evaluate the volatility of the firm. Please verify Maharashtra Scooters' Downside Deviation of 3.11, mean deviation of 2.14, and Risk Adjusted Performance of 0.02 to check out if the risk estimate we provide is consistent with the expected return of 0.0053%. The company secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Maharashtra Scooters' returns are expected to increase less than the market. However, during the bear market, the loss of holding Maharashtra Scooters is expected to be smaller as well. Maharashtra Scooters right now secures a risk of 2.96%. Please verify Maharashtra Scooters Limited total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Maharashtra Scooters Limited will be following its current price movements.
Auto-correlation | 0.28 |
Poor predictability
Maharashtra Scooters Limited has poor predictability. Overlapping area represents the amount of predictability between Maharashtra Scooters time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Maharashtra Scooters price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Maharashtra Scooters price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 760.2 K |
Maharashtra Scooters lagged returns against current returns
Autocorrelation, which is Maharashtra Scooters 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 Maharashtra Scooters' stock expected returns. We can calculate the autocorrelation of Maharashtra Scooters returns to help us make a trade decision. For example, suppose you find that Maharashtra Scooters 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 |
Maharashtra Scooters 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 Maharashtra Scooters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maharashtra Scooters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maharashtra Scooters stock over time.
Current vs Lagged Prices |
| Timeline |
Maharashtra Scooters Lagged Returns
When evaluating Maharashtra Scooters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maharashtra Scooters stock have on its future price. Maharashtra Scooters 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, Maharashtra Scooters autocorrelation shows the relationship between Maharashtra Scooters stock current value and its past values and can show if there is a momentum factor associated with investing in Maharashtra Scooters 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 Maharashtra Stock
Maharashtra Scooters financial ratios help investors to determine whether Maharashtra 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 Maharashtra with respect to the benefits of owning Maharashtra Scooters security.