Syrma SGS (India) Market Value
| SYRMA Stock | 536.10 31.00 6.14% |
| Symbol | Syrma |
Syrma SGS '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 Syrma SGS'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 Syrma SGS.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Syrma SGS on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Syrma SGS Technology or generate 0.0% return on investment in Syrma SGS over 150 days. Syrma SGS is related to or competes with Rainbow Childrens, Vidhi Specialty, Megastar Foods, Apex Frozen, Music Broadcast, Jubilant Foodworks, and Sapphire Foods. Syrma SGS is entity of India. It is traded as Stock on NSE exchange. More
Syrma SGS 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 Syrma SGS'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 Syrma SGS Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.0725 | |||
| Maximum Drawdown | 21.87 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 6.14 |
Syrma SGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Syrma SGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Syrma SGS's standard deviation. In reality, there are many statistical measures that can use Syrma SGS historical prices to predict the future Syrma SGS's volatility.| Risk Adjusted Performance | 0.0877 | |||
| Jensen Alpha | 0.3803 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0979 | |||
| Treynor Ratio | 1.42 |
Syrma SGS Technology Backtested Returns
As of now, Syrma Stock is very steady. Syrma SGS Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0439, which indicates the firm had a 0.0439 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Syrma SGS Technology, which you can use to evaluate the volatility of the company. Please validate Syrma SGS's Risk Adjusted Performance of 0.0877, coefficient of variation of 1048.58, and Semi Deviation of 2.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Syrma SGS has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Syrma SGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Syrma SGS is expected to be smaller as well. Syrma SGS Technology right now has a risk of 4.09%. Please validate Syrma SGS expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Syrma SGS will be following its existing price patterns.
Auto-correlation | -0.83 |
Excellent reverse predictability
Syrma SGS Technology has excellent reverse predictability. Overlapping area represents the amount of predictability between Syrma SGS time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 Syrma SGS Technology price movement. The serial correlation of -0.83 indicates that around 83.0% of current Syrma SGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 2179.43 |
Syrma SGS Technology lagged returns against current returns
Autocorrelation, which is Syrma SGS 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 Syrma SGS's stock expected returns. We can calculate the autocorrelation of Syrma SGS returns to help us make a trade decision. For example, suppose you find that Syrma SGS 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 |
Syrma SGS 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 Syrma SGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Syrma SGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Syrma SGS stock over time.
Current vs Lagged Prices |
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Syrma SGS Lagged Returns
When evaluating Syrma SGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Syrma SGS stock have on its future price. Syrma SGS 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, Syrma SGS autocorrelation shows the relationship between Syrma SGS stock current value and its past values and can show if there is a momentum factor associated with investing in Syrma SGS Technology.
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 Syrma Stock
Syrma SGS financial ratios help investors to determine whether Syrma 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 Syrma with respect to the benefits of owning Syrma SGS security.