Som Distilleries' market value is the price at which a share of Som Distilleries trades on a public exchange. It measures the collective expectations of Som Distilleries Breweries investors about its performance. Som Distilleries is selling for under 108.32 as of the 18th of January 2025; that is 0.43 percent increase since the beginning of the trading day. The stock's lowest day price was 106.86. With this module, you can estimate the performance of a buy and hold strategy of Som Distilleries Breweries and determine expected loss or profit from investing in Som Distilleries over a given investment horizon. Check out Som Distilleries Correlation, Som Distilleries Volatility and Som Distilleries Alpha and Beta module to complement your research on Som Distilleries.
Please note, there is a significant difference between Som Distilleries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Som Distilleries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Som Distilleries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
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12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
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If you would invest 0.00 in Som Distilleries on December 19, 2024 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 30 days. Som Distilleries is related to or competes with DCM Financial, Asian Hotels, Hybrid Financial, Oriental Hotels, Karur Vysya, Royal Orchid, and Edelweiss Financial. 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.
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.
Currently, Som Distilleries Breweries is very steady. Som Distilleries Bre owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0383, which indicates the firm had a 0.0383% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Som Distilleries Breweries, which you can use to evaluate the volatility of the company. Please validate Som Distilleries' Semi Deviation of 2.37, risk adjusted performance of 0.0155, and Coefficient Of Variation of 9696.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Som Distilleries has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.4, 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. Som Distilleries Bre right now has a risk of 2.71%. Please validate Som Distilleries sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Som Distilleries will be following its existing price patterns.
Auto-correlation
-0.16
Insignificant reverse predictability
Som Distilleries Breweries has insignificant reverse predictability. Overlapping area represents the amount of predictability between Som Distilleries 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 Som Distilleries Bre price movement. The serial correlation of -0.16 indicates that over 16.0% of current Som Distilleries price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.16
Spearman Rank Test
-0.16
Residual Average
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Price Variance
17.86
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
Timeline
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
Timeline
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
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.
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.