Speciality Restaurants (India) Market Value
| SPECIALITY | 152.48 2.20 1.42% |
| Symbol | Speciality |
Speciality Restaurants '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 Speciality Restaurants' 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 Speciality Restaurants.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Speciality Restaurants on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Speciality Restaurants Limited or generate 0.0% return on investment in Speciality Restaurants over 30 days. Speciality Restaurants is related to or competes with Kingfa Science, GTL, Indo Amines, Delta Manufacturing, EID Parry, Lakshmi Precision, and Parag Milk. Speciality Restaurants is entity of India More
Speciality Restaurants 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 Speciality Restaurants' 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 Speciality Restaurants Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 3.06 |
Speciality Restaurants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Speciality Restaurants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Speciality Restaurants' standard deviation. In reality, there are many statistical measures that can use Speciality Restaurants historical prices to predict the future Speciality Restaurants' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.44) |
Speciality Restaurants Backtested Returns
Speciality Restaurants owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Speciality Restaurants Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Speciality Restaurants' Variance of 4.28, risk adjusted performance of (0.11), and Coefficient Of Variation of (659.63) to confirm the risk estimate we provide. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Speciality Restaurants' returns are expected to increase less than the market. However, during the bear market, the loss of holding Speciality Restaurants is expected to be smaller as well. At this point, Speciality Restaurants has a negative expected return of -0.29%. Please make sure to validate Speciality Restaurants' skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Speciality Restaurants performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Speciality Restaurants Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Speciality Restaurants 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 Speciality Restaurants price movement. The serial correlation of -0.01 indicates that just 1.0% of current Speciality Restaurants price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 9.66 |
Speciality Restaurants lagged returns against current returns
Autocorrelation, which is Speciality Restaurants 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 Speciality Restaurants' stock expected returns. We can calculate the autocorrelation of Speciality Restaurants returns to help us make a trade decision. For example, suppose you find that Speciality Restaurants 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 |
Speciality Restaurants 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 Speciality Restaurants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Speciality Restaurants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Speciality Restaurants stock over time.
Current vs Lagged Prices |
| Timeline |
Speciality Restaurants Lagged Returns
When evaluating Speciality Restaurants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Speciality Restaurants stock have on its future price. Speciality Restaurants 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, Speciality Restaurants autocorrelation shows the relationship between Speciality Restaurants stock current value and its past values and can show if there is a momentum factor associated with investing in Speciality Restaurants 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 Speciality Stock
Speciality Restaurants financial ratios help investors to determine whether Speciality 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 Speciality with respect to the benefits of owning Speciality Restaurants security.