Sical Logistics (India) Market Value
| SICALLOG | 128.39 2.00 1.58% |
| Symbol | Sical |
Sical Logistics '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 Sical Logistics' 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 Sical Logistics.
| 12/28/2024 |
| 01/27/2025 |
If you would invest 0.00 in Sical Logistics on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sical Logistics Limited or generate 0.0% return on investment in Sical Logistics over 30 days. Sical Logistics is related to or competes with Praxis Home, Privi Speciality, IOL Chemicals, Omkar Speciality, Reliance Home, DMCC SPECIALITY, and Teamlease Services. Sical Logistics is entity of India. It is traded as Stock on NSE exchange. More
Sical Logistics 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 Sical Logistics' 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 Sical Logistics Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.01 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.99 |
Sical Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sical Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sical Logistics' standard deviation. In reality, there are many statistical measures that can use Sical Logistics historical prices to predict the future Sical Logistics' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.81) |
Sical Logistics Backtested Returns
Sical Logistics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0715, which indicates the firm had a -0.0715 % return per unit of risk over the last 3 months. Sical Logistics Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sical Logistics' Coefficient Of Variation of (857.98), variance of 9.27, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sical Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sical Logistics is expected to be smaller as well. At this point, Sical Logistics has a negative expected return of -0.22%. Please make sure to validate Sical Logistics' skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Sical Logistics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Sical Logistics Limited has insignificant predictability. Overlapping area represents the amount of predictability between Sical Logistics time series from 28th of December 2024 to 12th of January 2025 and 12th of January 2025 to 27th 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 Sical Logistics price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Sical Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 6.13 |
Sical Logistics lagged returns against current returns
Autocorrelation, which is Sical Logistics 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 Sical Logistics' stock expected returns. We can calculate the autocorrelation of Sical Logistics returns to help us make a trade decision. For example, suppose you find that Sical Logistics 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 |
Sical Logistics 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 Sical Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sical Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sical Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
Sical Logistics Lagged Returns
When evaluating Sical Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sical Logistics stock have on its future price. Sical Logistics 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, Sical Logistics autocorrelation shows the relationship between Sical Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in Sical Logistics 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 Sical Stock
Sical Logistics financial ratios help investors to determine whether Sical 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 Sical with respect to the benefits of owning Sical Logistics security.