Som Distilleries (India) Market Value
| SDBL Stock | 102.24 0.23 0.23% |
| Symbol | Som |
Som Distilleries '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 Som Distilleries' 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 Som Distilleries.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Som Distilleries on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Som Distilleries Breweries or generate 0.0% return on investment in Som Distilleries over 390 days. Som Distilleries is related to or competes with Reliance Industries, Tata Consultancy, HDFC Bank, and Bharti Airtel. Som Distilleries is entity of India. It is traded as Stock on NSE exchange. More
Som Distilleries 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 Som Distilleries' 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 Som Distilleries Breweries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.55 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 5.06 |
Som Distilleries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Som Distilleries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Som Distilleries' standard deviation. In reality, there are many statistical measures that can use Som Distilleries historical prices to predict the future Som Distilleries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.25) |
Som Distilleries Bre Backtested Returns
Som Distilleries Bre owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0268, which indicates the firm had a -0.0268% return per unit of risk over the last 3 months. Som Distilleries Breweries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Som Distilleries' Risk Adjusted Performance of (0.01), coefficient of variation of (3,670), and Variance of 6.18 to confirm the risk estimate we provide. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Som Distilleries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Som Distilleries is expected to be smaller as well. At this point, Som Distilleries Bre has a negative expected return of -0.0682%. Please make sure to validate Som Distilleries' total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Som Distilleries Bre performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Som Distilleries Breweries has insignificant predictability. Overlapping area represents the amount of predictability between Som Distilleries time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Som Distilleries Bre price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Som Distilleries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 25 K |
Som Distilleries Bre lagged returns against current returns
Autocorrelation, which is Som Distilleries 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 Som Distilleries' stock expected returns. We can calculate the autocorrelation of Som Distilleries returns to help us make a trade decision. For example, suppose you find that Som Distilleries 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 |
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Som Distilleries 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 Som Distilleries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Som Distilleries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Som Distilleries stock over time.
Current vs Lagged Prices |
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Som Distilleries Lagged Returns
When evaluating Som Distilleries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Som Distilleries stock have on its future price. Som Distilleries 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, Som Distilleries autocorrelation shows the relationship between Som Distilleries stock current value and its past values and can show if there is a momentum factor associated with investing in Som Distilleries Breweries.
Regressed Prices |
| Timeline |
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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 Som Stock Analysis
When running Som Distilleries' price analysis, check to measure Som Distilleries' 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 Som Distilleries is operating at the current time. Most of Som Distilleries' value examination focuses on studying past and present price action to predict the probability of Som Distilleries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Som Distilleries' price. Additionally, you may evaluate how the addition of Som Distilleries to your portfolios can decrease your overall portfolio volatility.