Shyam Telecom (India) Market Value
| SHYAMTEL | 30.38 0.63 2.03% |
| Symbol | Shyam |
Shyam Telecom '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 Shyam Telecom'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 Shyam Telecom.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Shyam Telecom on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Shyam Telecom Limited or generate 0.0% return on investment in Shyam Telecom over 720 days. Shyam Telecom is related to or competes with Indian Railway, Cholamandalam Financial, Reliance Industries, Tata Consultancy, and Piramal Enterprises. Shyam Telecom is entity of India. It is traded as Stock on NSE exchange. More
Shyam Telecom 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 Shyam Telecom'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 Shyam Telecom Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.2875 | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 4.99 |
Shyam Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shyam Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shyam Telecom's standard deviation. In reality, there are many statistical measures that can use Shyam Telecom historical prices to predict the future Shyam Telecom's volatility.| Risk Adjusted Performance | 0.2572 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.5552 | |||
| Sortino Ratio | 0.3952 | |||
| Treynor Ratio | 4.57 |
Shyam Telecom Limited Backtested Returns
Shyam Telecom is not too volatile given 3 months investment horizon. Shyam Telecom Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.32, which indicates the firm had a 0.32% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Shyam Telecom Limited Coefficient Of Variation of 306.36, semi deviation of 1.8, and Risk Adjusted Performance of 0.2572 to evaluate company specific risk that cannot be diversified away. Shyam Telecom holds a performance score of 25 on a scale of zero to a hundred. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shyam Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shyam Telecom is expected to be smaller as well. Use Shyam Telecom Limited maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Shyam Telecom Limited.
Auto-correlation | -0.33 |
Poor reverse predictability
Shyam Telecom Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Shyam Telecom time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Shyam Telecom Limited price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Shyam Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 27.43 |
Shyam Telecom Limited lagged returns against current returns
Autocorrelation, which is Shyam Telecom 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 Shyam Telecom's stock expected returns. We can calculate the autocorrelation of Shyam Telecom returns to help us make a trade decision. For example, suppose you find that Shyam Telecom 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 |
Shyam Telecom 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 Shyam Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shyam Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shyam Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Shyam Telecom Lagged Returns
When evaluating Shyam Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shyam Telecom stock have on its future price. Shyam Telecom 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, Shyam Telecom autocorrelation shows the relationship between Shyam Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Shyam Telecom 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 Shyam Stock
Shyam Telecom financial ratios help investors to determine whether Shyam 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 Shyam with respect to the benefits of owning Shyam Telecom security.