Suzlon Energy (India) Market Value
| SUZLON Stock | 65.22 0.11 0.17% |
| Symbol | Suzlon |
Suzlon Energy '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 Suzlon Energy'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 Suzlon Energy.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Suzlon Energy on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Suzlon Energy Limited or generate 0.0% return on investment in Suzlon Energy over 60 days. Suzlon Energy is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. Suzlon Energy is entity of India. It is traded as Stock on NSE exchange. More
Suzlon Energy 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 Suzlon Energy'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 Suzlon Energy Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 14.02 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.99 |
Suzlon Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzlon Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzlon Energy's standard deviation. In reality, there are many statistical measures that can use Suzlon Energy historical prices to predict the future Suzlon Energy's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (1.89) |
Suzlon Energy Limited Backtested Returns
Suzlon Energy Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0695, which indicates the firm had a -0.0695% return per unit of risk over the last 3 months. Suzlon Energy Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Suzlon Energy's Risk Adjusted Performance of (0.06), coefficient of variation of (1,197), and Variance of 8.57 to confirm the risk estimate we provide. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Suzlon Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Suzlon Energy is expected to be smaller as well. At this point, Suzlon Energy Limited has a negative expected return of -0.2%. Please make sure to validate Suzlon Energy's skewness and day typical price , to decide if Suzlon Energy Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Suzlon Energy Limited has average predictability. Overlapping area represents the amount of predictability between Suzlon Energy time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 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 Suzlon Energy Limited price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Suzlon Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 18.47 |
Suzlon Energy Limited lagged returns against current returns
Autocorrelation, which is Suzlon Energy 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 Suzlon Energy's stock expected returns. We can calculate the autocorrelation of Suzlon Energy returns to help us make a trade decision. For example, suppose you find that Suzlon Energy 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 |
Suzlon Energy 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 Suzlon Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzlon Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzlon Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Suzlon Energy Lagged Returns
When evaluating Suzlon Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzlon Energy stock have on its future price. Suzlon Energy 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, Suzlon Energy autocorrelation shows the relationship between Suzlon Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Suzlon Energy Limited.
Regressed Prices |
| Timeline |
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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 Suzlon Stock
Suzlon Energy financial ratios help investors to determine whether Suzlon 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 Suzlon with respect to the benefits of owning Suzlon Energy security.