Muthoot Finance (India) Market Value
| MUTHOOTFIN | 1,927 27.80 1.46% |
| Symbol | Muthoot |
Muthoot Finance '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 Muthoot Finance'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 Muthoot Finance.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Muthoot Finance on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Muthoot Finance Limited or generate 0.0% return on investment in Muthoot Finance over 30 days. Muthoot Finance is related to or competes with Tata Chemicals, Aarey Drugs, BF Utilities, Privi Speciality, Embassy Office, Mangalore Chemicals, and DMCC SPECIALITY. Muthoot Finance is entity of India. It is traded as Stock on NSE exchange. More
Muthoot Finance 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 Muthoot Finance'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 Muthoot Finance Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.58 |
Muthoot Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muthoot Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muthoot Finance's standard deviation. In reality, there are many statistical measures that can use Muthoot Finance historical prices to predict the future Muthoot Finance's volatility.| Risk Adjusted Performance | 0.0313 | |||
| Jensen Alpha | 0.07 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.20) |
Muthoot Finance Backtested Returns
Currently, Muthoot Finance Limited is very steady. Muthoot Finance has Sharpe Ratio of 0.0029, which conveys that the firm had a 0.0029% return per unit of risk over the last 3 months. We have found thirty technical indicators for Muthoot Finance, which you can use to evaluate the volatility of the firm. Please verify Muthoot Finance's Downside Deviation of 1.65, risk adjusted performance of 0.0313, and Mean Deviation of 1.13 to check out if the risk estimate we provide is consistent with the expected return of 0.0046%. The company secures a Beta (Market Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Muthoot Finance are expected to decrease at a much lower rate. During the bear market, Muthoot Finance is likely to outperform the market. Muthoot Finance right now secures a risk of 1.56%. Please verify Muthoot Finance Limited potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Muthoot Finance Limited will be following its current price movements.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Muthoot Finance Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Muthoot Finance time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Muthoot Finance price movement. The serial correlation of -0.78 indicates that around 78.0% of current Muthoot Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 3612.72 |
Muthoot Finance lagged returns against current returns
Autocorrelation, which is Muthoot Finance 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 Muthoot Finance's stock expected returns. We can calculate the autocorrelation of Muthoot Finance returns to help us make a trade decision. For example, suppose you find that Muthoot Finance 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 |
Muthoot Finance 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 Muthoot Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muthoot Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muthoot Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Muthoot Finance Lagged Returns
When evaluating Muthoot Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muthoot Finance stock have on its future price. Muthoot Finance 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, Muthoot Finance autocorrelation shows the relationship between Muthoot Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Muthoot Finance Limited.
Regressed Prices |
| Timeline |
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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.Additional Tools for Muthoot Stock Analysis
When running Muthoot Finance's price analysis, check to measure Muthoot Finance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Muthoot Finance is operating at the current time. Most of Muthoot Finance's value examination focuses on studying past and present price action to predict the probability of Muthoot Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Muthoot Finance's price. Additionally, you may evaluate how the addition of Muthoot Finance to your portfolios can decrease your overall portfolio volatility.