Rainbow Childrens (India) Market Value
| RAINBOW Stock | 1,634 49.00 3.09% |
| Symbol | Rainbow |
Rainbow Childrens '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 Rainbow Childrens' 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 Rainbow Childrens.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Rainbow Childrens on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Rainbow Childrens Medicare or generate 0.0% return on investment in Rainbow Childrens over 510 days. Rainbow Childrens is related to or competes with Indian Railway, Cholamandalam Financial, Reliance Industries, Tata Consultancy, and Piramal Enterprises. Rainbow Childrens is entity of India. It is traded as Stock on NSE exchange. More
Rainbow Childrens 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 Rainbow Childrens' 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 Rainbow Childrens Medicare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.1502 | |||
| Maximum Drawdown | 14.03 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 4.48 |
Rainbow Childrens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rainbow Childrens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rainbow Childrens' standard deviation. In reality, there are many statistical measures that can use Rainbow Childrens historical prices to predict the future Rainbow Childrens' volatility.| Risk Adjusted Performance | 0.1636 | |||
| Jensen Alpha | 0.4753 | |||
| Total Risk Alpha | 0.1069 | |||
| Sortino Ratio | 0.2026 | |||
| Treynor Ratio | (9.16) |
Rainbow Childrens Backtested Returns
Rainbow Childrens appears to be very steady, given 3 months investment horizon. Rainbow Childrens maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rainbow Childrens, which you can use to evaluate the volatility of the company. Please evaluate Rainbow Childrens' Coefficient Of Variation of 487.1, risk adjusted performance of 0.1636, and Semi Deviation of 1.37 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rainbow Childrens holds a performance score of 15. The company holds a Beta of -0.0512, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rainbow Childrens are expected to decrease at a much lower rate. During the bear market, Rainbow Childrens is likely to outperform the market. Please check Rainbow Childrens' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Rainbow Childrens' historical price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Rainbow Childrens Medicare has good predictability. Overlapping area represents the amount of predictability between Rainbow Childrens time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Rainbow Childrens price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Rainbow Childrens price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 14.9 K |
Rainbow Childrens lagged returns against current returns
Autocorrelation, which is Rainbow Childrens 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 Rainbow Childrens' stock expected returns. We can calculate the autocorrelation of Rainbow Childrens returns to help us make a trade decision. For example, suppose you find that Rainbow Childrens 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 |
Rainbow Childrens 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 Rainbow Childrens stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rainbow Childrens stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rainbow Childrens stock over time.
Current vs Lagged Prices |
| Timeline |
Rainbow Childrens Lagged Returns
When evaluating Rainbow Childrens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rainbow Childrens stock have on its future price. Rainbow Childrens 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, Rainbow Childrens autocorrelation shows the relationship between Rainbow Childrens stock current value and its past values and can show if there is a momentum factor associated with investing in Rainbow Childrens Medicare.
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 Rainbow Stock Analysis
When running Rainbow Childrens' price analysis, check to measure Rainbow Childrens' 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 Rainbow Childrens is operating at the current time. Most of Rainbow Childrens' value examination focuses on studying past and present price action to predict the probability of Rainbow Childrens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rainbow Childrens' price. Additionally, you may evaluate how the addition of Rainbow Childrens to your portfolios can decrease your overall portfolio volatility.