Mahindra Mahindra (Germany) Market Value
| MOM Stock | EUR 37.00 4.20 12.80% |
| Symbol | Mahindra |
Mahindra Mahindra '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 Mahindra'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 Mahindra Mahindra.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mahindra Mahindra on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Mahindra Mahindra Limited or generate 0.0% return on investment in Mahindra Mahindra over 60 days. Mahindra Mahindra is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Mahindra Mahindra Limited engages in the automotive and farm equipment businesses worldwide More
Mahindra Mahindra 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 Mahindra'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 Mahindra Mahindra Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.0409 | |||
| Maximum Drawdown | 18.11 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 5.63 |
Mahindra Mahindra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mahindra Mahindra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mahindra Mahindra's standard deviation. In reality, there are many statistical measures that can use Mahindra Mahindra historical prices to predict the future Mahindra Mahindra's volatility.| Risk Adjusted Performance | 0.0714 | |||
| Jensen Alpha | 0.2323 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0474 | |||
| Treynor Ratio | 3.14 |
Mahindra Mahindra Backtested Returns
Mahindra Mahindra appears to be not too volatile, given 3 months investment horizon. Mahindra Mahindra has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mahindra Mahindra, which you can use to evaluate the volatility of the firm. Please exercise Mahindra Mahindra's Mean Deviation of 2.1, downside deviation of 2.59, and Risk Adjusted Performance of 0.0714 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mahindra Mahindra holds a performance score of 9. The company secures a Beta (Market Risk) of 0.0769, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mahindra Mahindra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mahindra Mahindra is expected to be smaller as well. Please check Mahindra Mahindra's standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Mahindra Mahindra's current price movements will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Mahindra Mahindra Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Mahindra Mahindra time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Mahindra price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Mahindra Mahindra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.73 |
Mahindra Mahindra lagged returns against current returns
Autocorrelation, which is Mahindra Mahindra 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 Mahindra's stock expected returns. We can calculate the autocorrelation of Mahindra Mahindra returns to help us make a trade decision. For example, suppose you find that Mahindra Mahindra 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 Mahindra 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 Mahindra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mahindra Mahindra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mahindra Mahindra stock over time.
Current vs Lagged Prices |
| Timeline |
Mahindra Mahindra Lagged Returns
When evaluating Mahindra Mahindra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mahindra Mahindra stock have on its future price. Mahindra Mahindra 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 Mahindra autocorrelation shows the relationship between Mahindra Mahindra stock current value and its past values and can show if there is a momentum factor associated with investing in Mahindra Mahindra Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mahindra Stock
Mahindra Mahindra 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 Mahindra security.