Rossell India (India) Market Value
| ROSSELLIND | 82.26 1.61 2.00% |
| Symbol | Rossell |
Rossell India '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 Rossell India'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 Rossell India.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Rossell India on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Rossell India Limited or generate 0.0% return on investment in Rossell India over 30 days. Rossell India is related to or competes with Cantabil Retail, City Union, V2 Retail, Bandhan Bank, DCB Bank, Geojit Financial, and Osia Hyper. Rossell India is entity of India. It is traded as Stock on NSE exchange. More
Rossell India 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 Rossell India'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 Rossell India Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 84.57 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 5.41 |
Rossell India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rossell India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rossell India's standard deviation. In reality, there are many statistical measures that can use Rossell India historical prices to predict the future Rossell India's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (2.02) | |||
| Total Risk Alpha | (3.50) | |||
| Treynor Ratio | 20.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rossell India'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.
Rossell India Limited Backtested Returns
Rossell India Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the firm had a -0.22% return per unit of risk over the last 3 months. Rossell India Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rossell India's Coefficient Of Variation of (479.87), variance of 94.55, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide. The company holds a Beta of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rossell India are expected to decrease at a much lower rate. During the bear market, Rossell India is likely to outperform the market. At this point, Rossell India Limited has a negative expected return of -2.14%. Please make sure to check Rossell India's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Rossell India Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Rossell India Limited has excellent reverse predictability. Overlapping area represents the amount of predictability between Rossell India time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Rossell India Limited price movement. The serial correlation of -0.83 indicates that around 83.0% of current Rossell India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 4.21 |
Rossell India Limited lagged returns against current returns
Autocorrelation, which is Rossell India 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 Rossell India's stock expected returns. We can calculate the autocorrelation of Rossell India returns to help us make a trade decision. For example, suppose you find that Rossell India 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 |
Rossell India 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 Rossell India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rossell India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rossell India stock over time.
Current vs Lagged Prices |
| Timeline |
Rossell India Lagged Returns
When evaluating Rossell India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rossell India stock have on its future price. Rossell India 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, Rossell India autocorrelation shows the relationship between Rossell India stock current value and its past values and can show if there is a momentum factor associated with investing in Rossell India 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 Rossell Stock
Rossell India financial ratios help investors to determine whether Rossell 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 Rossell with respect to the benefits of owning Rossell India security.