Marshall Machines (India) Market Value
| MARSHALL | 22.60 0.40 1.74% |
| Symbol | Marshall |
Marshall Machines '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 Marshall Machines' 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 Marshall Machines.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Marshall Machines on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Marshall Machines Limited or generate 0.0% return on investment in Marshall Machines over 30 days. Marshall Machines is related to or competes with Popular Vehicles, EIH Associated, Spencers Retail, Lemon Tree, Life Insurance, and Hexa Tradex. Marshall Machines is entity of India. It is traded as Stock on NSE exchange. More
Marshall Machines 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 Marshall Machines' 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 Marshall Machines Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 20.81 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.99 |
Marshall Machines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marshall Machines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marshall Machines' standard deviation. In reality, there are many statistical measures that can use Marshall Machines historical prices to predict the future Marshall Machines' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (4.53) |
Marshall Machines Backtested Returns
Marshall Machines has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. Marshall Machines exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marshall Machines' Mean Deviation of 2.23, risk adjusted performance of (0.15), and Standard Deviation of 3.24 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Marshall Machines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Marshall Machines is expected to be smaller as well. At this point, Marshall Machines has a negative expected return of -0.73%. Please make sure to verify Marshall Machines' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Marshall Machines performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Marshall Machines Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Marshall Machines time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 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 Marshall Machines price movement. The serial correlation of -0.79 indicates that around 79.0% of current Marshall Machines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 1.04 |
Marshall Machines lagged returns against current returns
Autocorrelation, which is Marshall Machines 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 Marshall Machines' stock expected returns. We can calculate the autocorrelation of Marshall Machines returns to help us make a trade decision. For example, suppose you find that Marshall Machines 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 |
Marshall Machines 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 Marshall Machines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marshall Machines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marshall Machines stock over time.
Current vs Lagged Prices |
| Timeline |
Marshall Machines Lagged Returns
When evaluating Marshall Machines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marshall Machines stock have on its future price. Marshall Machines 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, Marshall Machines autocorrelation shows the relationship between Marshall Machines stock current value and its past values and can show if there is a momentum factor associated with investing in Marshall Machines 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 Marshall Stock
Marshall Machines financial ratios help investors to determine whether Marshall 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 Marshall with respect to the benefits of owning Marshall Machines security.