Swelect Energy (India) Market Value
| SWELECTES | 964.15 18.50 1.88% |
| Symbol | Swelect |
Swelect 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 Swelect 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 Swelect Energy.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Swelect Energy on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Swelect Energy Systems or generate 0.0% return on investment in Swelect Energy over 30 days. Swelect Energy is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, Tribhovandas Bhimji, and Parag Milk. Swelect Energy is entity of India. It is traded as Stock on NSE exchange. More
Swelect 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 Swelect 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 Swelect Energy Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.76 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 4.06 |
Swelect Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swelect Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swelect Energy's standard deviation. In reality, there are many statistical measures that can use Swelect Energy historical prices to predict the future Swelect Energy's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (1.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Swelect Energy'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.
Swelect Energy Systems Backtested Returns
Swelect Energy Systems 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. Swelect Energy Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swelect Energy's Coefficient Of Variation of (1,366), risk adjusted performance of (0.05), and Variance of 5.27 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, Swelect Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Swelect Energy is expected to be smaller as well. At this point, Swelect Energy Systems has a negative expected return of -0.3%. Please make sure to validate Swelect Energy's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Swelect Energy Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Swelect Energy Systems has good predictability. Overlapping area represents the amount of predictability between Swelect Energy time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Swelect Energy Systems price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Swelect Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 680.23 |
Swelect Energy Systems lagged returns against current returns
Autocorrelation, which is Swelect 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 Swelect Energy's stock expected returns. We can calculate the autocorrelation of Swelect Energy returns to help us make a trade decision. For example, suppose you find that Swelect 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 |
Swelect 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 Swelect Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swelect Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swelect Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Swelect Energy Lagged Returns
When evaluating Swelect Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swelect Energy stock have on its future price. Swelect 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, Swelect Energy autocorrelation shows the relationship between Swelect Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Swelect Energy Systems.
Regressed Prices |
| Timeline |
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Additional Tools for Swelect Stock Analysis
When running Swelect Energy's price analysis, check to measure Swelect Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Swelect Energy is operating at the current time. Most of Swelect Energy's value examination focuses on studying past and present price action to predict the probability of Swelect Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swelect Energy's price. Additionally, you may evaluate how the addition of Swelect Energy to your portfolios can decrease your overall portfolio volatility.