SIL Investments (India) Market Value
| SILINV Stock | 698.15 3.55 0.51% |
| Symbol | SIL |
SIL Investments '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 SIL Investments' 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 SIL Investments.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in SIL Investments on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding SIL Investments Limited or generate 0.0% return on investment in SIL Investments over 510 days. SIL Investments is related to or competes with Reliance Industries, State Bank, HDFC Bank, Oil Natural, Coal India, and Tata Consultancy. SIL Investments is entity of India. It is traded as Stock on NSE exchange. More
SIL Investments 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 SIL Investments' 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 SIL Investments Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0483 | |||
| Maximum Drawdown | 29.98 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 5.0 |
SIL Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIL Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIL Investments' standard deviation. In reality, there are many statistical measures that can use SIL Investments historical prices to predict the future SIL Investments' volatility.| Risk Adjusted Performance | 0.0677 | |||
| Jensen Alpha | 0.3128 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | 2.29 |
SIL Investments Backtested Returns
SIL Investments appears to be very steady, given 3 months investment horizon. SIL Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0754, which indicates the firm had a 0.0754% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SIL Investments Limited, which you can use to evaluate the volatility of the company. Please review SIL Investments' coefficient of variation of 1286.12, and Risk Adjusted Performance of 0.0677 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SIL Investments holds a performance score of 5. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIL Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding SIL Investments is expected to be smaller as well. Please check SIL Investments' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether SIL Investments' existing price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
SIL Investments Limited has good predictability. Overlapping area represents the amount of predictability between SIL Investments time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 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 SIL Investments price movement. The serial correlation of 0.79 indicates that around 79.0% of current SIL Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 5606.07 |
SIL Investments lagged returns against current returns
Autocorrelation, which is SIL Investments 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 SIL Investments' stock expected returns. We can calculate the autocorrelation of SIL Investments returns to help us make a trade decision. For example, suppose you find that SIL Investments 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 |
SIL Investments 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 SIL Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIL Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIL Investments stock over time.
Current vs Lagged Prices |
| Timeline |
SIL Investments Lagged Returns
When evaluating SIL Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIL Investments stock have on its future price. SIL Investments 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, SIL Investments autocorrelation shows the relationship between SIL Investments stock current value and its past values and can show if there is a momentum factor associated with investing in SIL Investments 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 SIL Stock
SIL Investments financial ratios help investors to determine whether SIL 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 SIL with respect to the benefits of owning SIL Investments security.