Silgo Retail (India) Market Value
| SILGO Stock | 37.82 0.10 0.26% |
| Symbol | Silgo |
Silgo Retail '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 Silgo Retail'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 Silgo Retail.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Silgo Retail on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Silgo Retail Limited or generate 0.0% return on investment in Silgo Retail over 720 days. Silgo Retail is related to or competes with Reliance Industries, HDFC Bank, Bharti Airtel, Power Finance, State Bank, and ICICI Bank. Silgo Retail is entity of India. It is traded as Stock on NSE exchange. More
Silgo Retail 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 Silgo Retail'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 Silgo Retail Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.65 | |||
| Information Ratio | 0.0194 | |||
| Maximum Drawdown | 26.48 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 9.98 |
Silgo Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silgo Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silgo Retail's standard deviation. In reality, there are many statistical measures that can use Silgo Retail historical prices to predict the future Silgo Retail's volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.0279 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0264 | |||
| Treynor Ratio | 0.1386 |
Silgo Retail Limited Backtested Returns
As of now, Silgo Stock is not too volatile. Silgo Retail Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0314, which indicates the firm had a 0.0314% return per unit of risk over the last 3 months. We have found thirty technical indicators for Silgo Retail Limited, which you can use to evaluate the volatility of the company. Please validate Silgo Retail's Semi Deviation of 3.49, coefficient of variation of 2186.95, and Risk Adjusted Performance of 0.0435 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Silgo Retail has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.57, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Silgo Retail will likely underperform. Silgo Retail Limited right now has a risk of 4.99%. Please validate Silgo Retail expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Silgo Retail will be following its existing price patterns.
Auto-correlation | 0.30 |
Below average predictability
Silgo Retail Limited has below average predictability. Overlapping area represents the amount of predictability between Silgo Retail time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Silgo Retail Limited price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Silgo Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 33.84 |
Silgo Retail Limited lagged returns against current returns
Autocorrelation, which is Silgo Retail 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 Silgo Retail's stock expected returns. We can calculate the autocorrelation of Silgo Retail returns to help us make a trade decision. For example, suppose you find that Silgo Retail 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 |
Silgo Retail 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 Silgo Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silgo Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silgo Retail stock over time.
Current vs Lagged Prices |
| Timeline |
Silgo Retail Lagged Returns
When evaluating Silgo Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silgo Retail stock have on its future price. Silgo Retail 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, Silgo Retail autocorrelation shows the relationship between Silgo Retail stock current value and its past values and can show if there is a momentum factor associated with investing in Silgo Retail 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 Silgo Stock
Silgo Retail financial ratios help investors to determine whether Silgo 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 Silgo with respect to the benefits of owning Silgo Retail security.