Rajshree Sugars (India) Market Value
| RAJSREESUG | 59.44 2.79 4.48% |
| Symbol | Rajshree |
Rajshree Sugars '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 Rajshree Sugars' 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 Rajshree Sugars.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Rajshree Sugars on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rajshree Sugars Chemicals or generate 0.0% return on investment in Rajshree Sugars over 30 days. Rajshree Sugars is related to or competes with Yes Bank, Indian Oil, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Delta Manufacturing. Rajshree Sugars is entity of India. It is traded as Stock on NSE exchange. More
Rajshree Sugars 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 Rajshree Sugars' 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 Rajshree Sugars Chemicals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 3.73 |
Rajshree Sugars Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rajshree Sugars' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rajshree Sugars' standard deviation. In reality, there are many statistical measures that can use Rajshree Sugars historical prices to predict the future Rajshree Sugars' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.31) |
Rajshree Sugars Chemicals Backtested Returns
Rajshree Sugars Chemicals maintains Sharpe Ratio (i.e., Efficiency) of -0.0362, which implies the firm had a -0.0362 % return per unit of risk over the last 3 months. Rajshree Sugars Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rajshree Sugars' Variance of 7.13, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,355) to confirm the risk estimate we provide. The company holds a Beta of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rajshree Sugars' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rajshree Sugars is expected to be smaller as well. At this point, Rajshree Sugars Chemicals has a negative expected return of -0.0987%. Please make sure to check Rajshree Sugars' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Rajshree Sugars Chemicals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Rajshree Sugars Chemicals has weak reverse predictability. Overlapping area represents the amount of predictability between Rajshree Sugars time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Rajshree Sugars Chemicals price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Rajshree Sugars price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 16.12 |
Rajshree Sugars Chemicals lagged returns against current returns
Autocorrelation, which is Rajshree Sugars 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 Rajshree Sugars' stock expected returns. We can calculate the autocorrelation of Rajshree Sugars returns to help us make a trade decision. For example, suppose you find that Rajshree Sugars 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 |
Rajshree Sugars 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 Rajshree Sugars stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rajshree Sugars stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rajshree Sugars stock over time.
Current vs Lagged Prices |
| Timeline |
Rajshree Sugars Lagged Returns
When evaluating Rajshree Sugars' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rajshree Sugars stock have on its future price. Rajshree Sugars 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, Rajshree Sugars autocorrelation shows the relationship between Rajshree Sugars stock current value and its past values and can show if there is a momentum factor associated with investing in Rajshree Sugars Chemicals.
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 Rajshree Stock
Rajshree Sugars financial ratios help investors to determine whether Rajshree 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 Rajshree with respect to the benefits of owning Rajshree Sugars security.