Baazar Style (India) Market Value
| STYLEBAAZA | 326.25 8.50 2.68% |
| Symbol | Baazar |
Please note, there is a significant difference between Baazar Style's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baazar Style is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baazar Style's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Baazar Style '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 Baazar Style'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 Baazar Style.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Baazar Style on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Baazar Style Retail or generate 0.0% return on investment in Baazar Style over 180 days. Baazar Style is related to or competes with Reliance Industries, Tata Consultancy, HDFC Bank, and Bharti Airtel. Baazar Style is entity of India. It is traded as Stock on NSE exchange. More
Baazar Style 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 Baazar Style'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 Baazar Style Retail upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.57 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 6.46 |
Baazar Style Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baazar Style's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baazar Style's standard deviation. In reality, there are many statistical measures that can use Baazar Style historical prices to predict the future Baazar Style's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (2.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baazar Style's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baazar Style Retail Backtested Returns
Baazar Style Retail secures Sharpe Ratio (or Efficiency) of -0.0884, which signifies that the company had a -0.0884% return per unit of standard deviation over the last 3 months. Baazar Style Retail exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baazar Style's mean deviation of 2.64, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baazar Style's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baazar Style is expected to be smaller as well. At this point, Baazar Style Retail has a negative expected return of -0.31%. Please make sure to confirm Baazar Style's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Baazar Style Retail performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Baazar Style Retail has no correlation between past and present. Overlapping area represents the amount of predictability between Baazar Style time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Baazar Style Retail price movement. The serial correlation of 0.0 indicates that just 0.0% of current Baazar Style price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Baazar Style Retail lagged returns against current returns
Autocorrelation, which is Baazar Style 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 Baazar Style's stock expected returns. We can calculate the autocorrelation of Baazar Style returns to help us make a trade decision. For example, suppose you find that Baazar Style 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 |
Baazar Style 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 Baazar Style stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baazar Style stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baazar Style stock over time.
Current vs Lagged Prices |
| Timeline |
Baazar Style Lagged Returns
When evaluating Baazar Style's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baazar Style stock have on its future price. Baazar Style 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, Baazar Style autocorrelation shows the relationship between Baazar Style stock current value and its past values and can show if there is a momentum factor associated with investing in Baazar Style Retail.
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 Baazar Stock
Baazar Style financial ratios help investors to determine whether Baazar 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 Baazar with respect to the benefits of owning Baazar Style security.