Rain Industries (India) Market Value
| RAIN Stock | 144.91 2.01 1.41% |
| Symbol | Rain |
Rain Industries '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 Rain Industries' 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 Rain Industries.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Rain Industries on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Rain Industries Limited or generate 0.0% return on investment in Rain Industries over 30 days. Rain Industries is related to or competes with DMCC SPECIALITY, Nahar Industrial, Ratnamani Metals, Manaksia Coated, Privi Speciality, Agarwal Industrial, and Transport. More
Rain Industries 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 Rain Industries' 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 Rain Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.18 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 3.58 |
Rain Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rain Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rain Industries' standard deviation. In reality, there are many statistical measures that can use Rain Industries historical prices to predict the future Rain Industries' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (4.88) |
Rain Industries Backtested Returns
Rain Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.0592, which implies the firm had a -0.0592 % return per unit of risk over the last 3 months. Rain Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rain Industries' Coefficient Of Variation of (1,689), variance of 6.31, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.0325, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rain Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rain Industries is expected to be smaller as well. At this point, Rain Industries has a negative expected return of -0.15%. Please make sure to check Rain Industries' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Rain Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.93 |
Excellent predictability
Rain Industries Limited has excellent predictability. Overlapping area represents the amount of predictability between Rain Industries time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 Rain Industries price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Rain Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 44.45 |
Rain Industries lagged returns against current returns
Autocorrelation, which is Rain Industries 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 Rain Industries' stock expected returns. We can calculate the autocorrelation of Rain Industries returns to help us make a trade decision. For example, suppose you find that Rain Industries 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 |
Rain Industries 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 Rain Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rain Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rain Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Rain Industries Lagged Returns
When evaluating Rain Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rain Industries stock have on its future price. Rain Industries 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, Rain Industries autocorrelation shows the relationship between Rain Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Rain Industries 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.Additional Tools for Rain Stock Analysis
When running Rain Industries' price analysis, check to measure Rain Industries' 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 Rain Industries is operating at the current time. Most of Rain Industries' value examination focuses on studying past and present price action to predict the probability of Rain Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rain Industries' price. Additionally, you may evaluate how the addition of Rain Industries to your portfolios can decrease your overall portfolio volatility.