Radico Khaitan (India) Market Value
| RADICO Stock | 2,178 7.20 0.33% |
| Symbol | Radico |
Radico Khaitan '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 Radico Khaitan'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 Radico Khaitan.
| 01/04/2025 |
| 02/03/2025 |
If you would invest 0.00 in Radico Khaitan on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Radico Khaitan Limited or generate 0.0% return on investment in Radico Khaitan over 30 days. Radico Khaitan is related to or competes with Mangalore Chemicals, Agarwal Industrial, Southern Petrochemicals, DMCC SPECIALITY, Shyam Metalics, Hilton Metal, and Indian Metals. Radico Khaitan is entity of India. It is traded as Stock on NSE exchange. More
Radico Khaitan 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 Radico Khaitan'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 Radico Khaitan Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.39 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 2.52 |
Radico Khaitan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radico Khaitan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radico Khaitan's standard deviation. In reality, there are many statistical measures that can use Radico Khaitan historical prices to predict the future Radico Khaitan's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Radico Khaitan'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.
Radico Khaitan Backtested Returns
Radico Khaitan maintains Sharpe Ratio (i.e., Efficiency) of -0.0664, which implies the firm had a -0.0664 % return per unit of risk over the last 3 months. Radico Khaitan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radico Khaitan's Risk Adjusted Performance of (0.01), coefficient of variation of (4,206), and Variance of 4.48 to confirm the risk estimate we provide. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Radico Khaitan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Radico Khaitan is expected to be smaller as well. At this point, Radico Khaitan has a negative expected return of -0.13%. Please make sure to check Radico Khaitan's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if Radico Khaitan performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Radico Khaitan Limited has very good predictability. Overlapping area represents the amount of predictability between Radico Khaitan time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd 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 Radico Khaitan price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Radico Khaitan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 4277.45 |
Radico Khaitan lagged returns against current returns
Autocorrelation, which is Radico Khaitan 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 Radico Khaitan's stock expected returns. We can calculate the autocorrelation of Radico Khaitan returns to help us make a trade decision. For example, suppose you find that Radico Khaitan 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 |
Radico Khaitan 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 Radico Khaitan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radico Khaitan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radico Khaitan stock over time.
Current vs Lagged Prices |
| Timeline |
Radico Khaitan Lagged Returns
When evaluating Radico Khaitan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radico Khaitan stock have on its future price. Radico Khaitan 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, Radico Khaitan autocorrelation shows the relationship between Radico Khaitan stock current value and its past values and can show if there is a momentum factor associated with investing in Radico Khaitan 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 Radico Stock
Radico Khaitan financial ratios help investors to determine whether Radico 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 Radico with respect to the benefits of owning Radico Khaitan security.