CE Info (India) Market Value
| MAPMYINDIA | 1,748 0.70 0.04% |
| Symbol | MAPMYINDIA |
CE Info '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 CE Info'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 CE Info.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in CE Info on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding CE Info Systems or generate 0.0% return on investment in CE Info over 60 days. CE Info is related to or competes with 63 Moons, Gallantt Ispat, Computer Age, Jaypee Infratech, Mtar Technologies, and Orient Technologies. CE Info is entity of India. It is traded as Stock on NSE exchange. More
CE Info 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 CE Info'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 CE Info Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 13.09 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 3.95 |
CE Info Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CE Info's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CE Info's standard deviation. In reality, there are many statistical measures that can use CE Info historical prices to predict the future CE Info's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (1.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CE Info's 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.
CE Info Systems Backtested Returns
CE Info Systems retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11% return per unit of price deviation over the last 3 months. CE Info exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CE Info's Variance of 5.83, market risk adjusted performance of (1.03), and Information Ratio of (0.17) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CE Info's returns are expected to increase less than the market. However, during the bear market, the loss of holding CE Info is expected to be smaller as well. At this point, CE Info Systems has a negative expected return of -0.26%. Please make sure to confirm CE Info's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if CE Info Systems performance from the past will be repeated sooner or later.
Auto-correlation | 0.50 |
Modest predictability
CE Info Systems has modest predictability. Overlapping area represents the amount of predictability between CE Info time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 CE Info Systems price movement. The serial correlation of 0.5 indicates that about 50.0% of current CE Info price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 21 K |
CE Info Systems lagged returns against current returns
Autocorrelation, which is CE Info 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 CE Info's stock expected returns. We can calculate the autocorrelation of CE Info returns to help us make a trade decision. For example, suppose you find that CE Info 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 |
CE Info 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 CE Info stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CE Info stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CE Info stock over time.
Current vs Lagged Prices |
| Timeline |
CE Info Lagged Returns
When evaluating CE Info's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CE Info stock have on its future price. CE Info 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, CE Info autocorrelation shows the relationship between CE Info stock current value and its past values and can show if there is a momentum factor associated with investing in CE Info Systems.
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 MAPMYINDIA Stock
CE Info financial ratios help investors to determine whether MAPMYINDIA 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 MAPMYINDIA with respect to the benefits of owning CE Info security.