Shree Pushkar (India) Market Value
| SHREEPUSHK | 299.80 0.30 0.10% |
| Symbol | Shree |
Shree Pushkar '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 Shree Pushkar'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 Shree Pushkar.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Shree Pushkar on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Shree Pushkar Chemicals or generate 0.0% return on investment in Shree Pushkar over 30 days. Shree Pushkar is related to or competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, and JTL Industries. Shree Pushkar is entity of India. It is traded as Stock on NSE exchange. More
Shree Pushkar 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 Shree Pushkar'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 Shree Pushkar Chemicals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.0182 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 4.42 |
Shree Pushkar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shree Pushkar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shree Pushkar's standard deviation. In reality, there are many statistical measures that can use Shree Pushkar historical prices to predict the future Shree Pushkar's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.0628 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0174 | |||
| Treynor Ratio | 0.1897 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shree Pushkar'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.
Shree Pushkar Chemicals Backtested Returns
Shree Pushkar appears to be very steady, given 3 months investment horizon. Shree Pushkar Chemicals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shree Pushkar Chemicals, which you can use to evaluate the volatility of the company. Please review Shree Pushkar's Coefficient Of Variation of 1453.12, risk adjusted performance of 0.0596, and Semi Deviation of 2.21 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shree Pushkar holds a performance score of 8. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shree Pushkar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shree Pushkar is expected to be smaller as well. Please check Shree Pushkar's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Shree Pushkar's existing price patterns will revert.
Auto-correlation | 0.93 |
Excellent predictability
Shree Pushkar Chemicals has excellent predictability. Overlapping area represents the amount of predictability between Shree Pushkar 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 Shree Pushkar Chemicals price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Shree Pushkar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 174.72 |
Shree Pushkar Chemicals lagged returns against current returns
Autocorrelation, which is Shree Pushkar 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 Shree Pushkar's stock expected returns. We can calculate the autocorrelation of Shree Pushkar returns to help us make a trade decision. For example, suppose you find that Shree Pushkar 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 |
Shree Pushkar 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 Shree Pushkar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shree Pushkar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shree Pushkar stock over time.
Current vs Lagged Prices |
| Timeline |
Shree Pushkar Lagged Returns
When evaluating Shree Pushkar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shree Pushkar stock have on its future price. Shree Pushkar 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, Shree Pushkar autocorrelation shows the relationship between Shree Pushkar stock current value and its past values and can show if there is a momentum factor associated with investing in Shree Pushkar Chemicals.
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.Additional Tools for Shree Stock Analysis
When running Shree Pushkar's price analysis, check to measure Shree Pushkar's 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 Shree Pushkar is operating at the current time. Most of Shree Pushkar's value examination focuses on studying past and present price action to predict the probability of Shree Pushkar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shree Pushkar's price. Additionally, you may evaluate how the addition of Shree Pushkar to your portfolios can decrease your overall portfolio volatility.