Salzer Electronics (India) Market Value
| SALZERELEC | 1,468 12.65 0.85% |
| Symbol | Salzer |
Salzer Electronics '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 Salzer Electronics' 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 Salzer Electronics.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Salzer Electronics on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Salzer Electronics Limited or generate 0.0% return on investment in Salzer Electronics over 30 days. Salzer Electronics is related to or competes with Clean Science, Gokul Refoils, General Insurance, Tata Communications, Total Transport, Teamlease Services, and Life Insurance. Salzer Electronics is entity of India. It is traded as Stock on NSE exchange. More
Salzer Electronics 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 Salzer Electronics' 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 Salzer Electronics Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.68 | |||
| Information Ratio | 0.1036 | |||
| Maximum Drawdown | 16.72 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 7.11 |
Salzer Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salzer Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salzer Electronics' standard deviation. In reality, there are many statistical measures that can use Salzer Electronics historical prices to predict the future Salzer Electronics' volatility.| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.3832 | |||
| Total Risk Alpha | 0.3143 | |||
| Sortino Ratio | 0.1035 | |||
| Treynor Ratio | 0.443 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Salzer Electronics' 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.
Salzer Electronics Backtested Returns
Salzer Electronics appears to be very steady, given 3 months investment horizon. Salzer Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Salzer Electronics' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Salzer Electronics' Semi Deviation of 3.06, coefficient of variation of 895.63, and Risk Adjusted Performance of 0.1011 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Salzer Electronics holds a performance score of 12. The entity has a beta of 0.91, which indicates possible diversification benefits within a given portfolio. Salzer Electronics returns are very sensitive to returns on the market. As the market goes up or down, Salzer Electronics is expected to follow. Please check Salzer Electronics' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Salzer Electronics' existing price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Salzer Electronics Limited has weak predictability. Overlapping area represents the amount of predictability between Salzer Electronics time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Salzer Electronics price movement. The serial correlation of 0.2 indicates that over 20.0% of current Salzer Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2774.5 |
Salzer Electronics lagged returns against current returns
Autocorrelation, which is Salzer Electronics 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 Salzer Electronics' stock expected returns. We can calculate the autocorrelation of Salzer Electronics returns to help us make a trade decision. For example, suppose you find that Salzer Electronics 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 |
Salzer Electronics 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 Salzer Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salzer Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salzer Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Salzer Electronics Lagged Returns
When evaluating Salzer Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salzer Electronics stock have on its future price. Salzer Electronics 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, Salzer Electronics autocorrelation shows the relationship between Salzer Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Salzer Electronics Limited.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Salzer Stock
Salzer Electronics financial ratios help investors to determine whether Salzer 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 Salzer with respect to the benefits of owning Salzer Electronics security.