Repco Home (India) Market Value
| REPCOHOME | 476.70 28.30 6.31% |
| Symbol | Repco |
Repco Home '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 Repco Home'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 Repco Home.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Repco Home on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Repco Home Finance or generate 0.0% return on investment in Repco Home over 690 days. Repco Home is related to or competes with MRF, JSW Holdings, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. Repco Home is entity of India. It is traded as Stock on NSE exchange. More
Repco Home 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 Repco Home'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 Repco Home Finance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.97 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.78 |
Repco Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Repco Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Repco Home's standard deviation. In reality, there are many statistical measures that can use Repco Home historical prices to predict the future Repco Home's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.17) |
Repco Home Finance Backtested Returns
Repco Home Finance maintains Sharpe Ratio (i.e., Efficiency) of -0.094, which implies the firm had a -0.094% return per unit of risk over the last 3 months. Repco Home Finance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Repco Home's Variance of 3.06, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,738) to confirm the risk estimate we provide. The company holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, Repco Home's returns are expected to increase less than the market. However, during the bear market, the loss of holding Repco Home is expected to be smaller as well. At this point, Repco Home Finance has a negative expected return of -0.15%. Please make sure to check Repco Home's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Repco Home Finance performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Repco Home Finance has modest predictability. Overlapping area represents the amount of predictability between Repco Home time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 Repco Home Finance price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Repco Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 2475.81 |
Repco Home Finance lagged returns against current returns
Autocorrelation, which is Repco Home 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 Repco Home's stock expected returns. We can calculate the autocorrelation of Repco Home returns to help us make a trade decision. For example, suppose you find that Repco Home 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 |
Repco Home 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 Repco Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Repco Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Repco Home stock over time.
Current vs Lagged Prices |
| Timeline |
Repco Home Lagged Returns
When evaluating Repco Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Repco Home stock have on its future price. Repco Home 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, Repco Home autocorrelation shows the relationship between Repco Home stock current value and its past values and can show if there is a momentum factor associated with investing in Repco Home Finance.
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 Repco Stock
Repco Home financial ratios help investors to determine whether Repco 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 Repco with respect to the benefits of owning Repco Home security.