Moksh Ornaments (India) Market Value
| MOKSH Stock | 12.95 0.05 0.39% |
| Symbol | Moksh |
Moksh Ornaments '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 Moksh Ornaments' 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 Moksh Ornaments.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Moksh Ornaments on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Moksh Ornaments Limited or generate 0.0% return on investment in Moksh Ornaments over 30 days. Moksh Ornaments is related to or competes with Tera Software, SINCLAIRS HOTELS, Cambridge Technology, Elgi Rubber, LT Technology, Apollo Sindoori, and Data Patterns. More
Moksh Ornaments 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 Moksh Ornaments' 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 Moksh Ornaments Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 25.37 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 9.81 |
Moksh Ornaments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Moksh Ornaments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Moksh Ornaments' standard deviation. In reality, there are many statistical measures that can use Moksh Ornaments historical prices to predict the future Moksh Ornaments' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 1.25 |
Moksh Ornaments Backtested Returns
Moksh Ornaments has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Moksh Ornaments exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Moksh Ornaments' Risk Adjusted Performance of (0.06), standard deviation of 4.72, and Mean Deviation of 3.35 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Moksh Ornaments are expected to decrease at a much lower rate. During the bear market, Moksh Ornaments is likely to outperform the market. At this point, Moksh Ornaments has a negative expected return of -0.48%. Please make sure to verify Moksh Ornaments' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Moksh Ornaments performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Moksh Ornaments Limited has virtually no predictability. Overlapping area represents the amount of predictability between Moksh Ornaments time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Moksh Ornaments price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Moksh Ornaments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Moksh Ornaments lagged returns against current returns
Autocorrelation, which is Moksh Ornaments 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 Moksh Ornaments' stock expected returns. We can calculate the autocorrelation of Moksh Ornaments returns to help us make a trade decision. For example, suppose you find that Moksh Ornaments 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 |
Moksh Ornaments 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 Moksh Ornaments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Moksh Ornaments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Moksh Ornaments stock over time.
Current vs Lagged Prices |
| Timeline |
Moksh Ornaments Lagged Returns
When evaluating Moksh Ornaments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Moksh Ornaments stock have on its future price. Moksh Ornaments 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, Moksh Ornaments autocorrelation shows the relationship between Moksh Ornaments stock current value and its past values and can show if there is a momentum factor associated with investing in Moksh Ornaments 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 Moksh Stock
Moksh Ornaments financial ratios help investors to determine whether Moksh 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 Moksh with respect to the benefits of owning Moksh Ornaments security.