Vinati Organics (India) Market Value
| VINATIORGA | 1,841 54.25 3.04% |
| Symbol | Vinati |
Vinati Organics '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 Vinati Organics' 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 Vinati Organics.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Vinati Organics on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Vinati Organics Limited or generate 0.0% return on investment in Vinati Organics over 720 days. Vinati Organics is related to or competes with NMDC, Steel Authority, Embassy Office, Gujarat Alkalies, Indian Metals, and JTL Industries. Vinati Organics is entity of India. It is traded as Stock on NSE exchange. More
Vinati Organics 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 Vinati Organics' 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 Vinati Organics Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.58 |
Vinati Organics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vinati Organics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vinati Organics' standard deviation. In reality, there are many statistical measures that can use Vinati Organics historical prices to predict the future Vinati Organics' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vinati Organics' 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.
Vinati Organics Backtested Returns
Vinati Organics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0608, which indicates the firm had a -0.0608% return per unit of risk over the last 3 months. Vinati Organics Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vinati Organics' Variance of 2.76, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,867) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vinati Organics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vinati Organics is expected to be smaller as well. At this point, Vinati Organics has a negative expected return of -0.1%. Please make sure to validate Vinati Organics' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Vinati Organics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Vinati Organics Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Vinati Organics time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 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 Vinati Organics price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Vinati Organics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 31.1 K |
Vinati Organics lagged returns against current returns
Autocorrelation, which is Vinati Organics 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 Vinati Organics' stock expected returns. We can calculate the autocorrelation of Vinati Organics returns to help us make a trade decision. For example, suppose you find that Vinati Organics 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 |
Vinati Organics 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 Vinati Organics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vinati Organics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vinati Organics stock over time.
Current vs Lagged Prices |
| Timeline |
Vinati Organics Lagged Returns
When evaluating Vinati Organics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vinati Organics stock have on its future price. Vinati Organics 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, Vinati Organics autocorrelation shows the relationship between Vinati Organics stock current value and its past values and can show if there is a momentum factor associated with investing in Vinati Organics 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 Vinati Stock
Vinati Organics financial ratios help investors to determine whether Vinati 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 Vinati with respect to the benefits of owning Vinati Organics security.