Xelpmoc Design (India) Market Value
| XELPMOC Stock | 128.67 2.49 1.90% |
| Symbol | Xelpmoc |
Xelpmoc Design '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 Xelpmoc Design'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 Xelpmoc Design.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Xelpmoc Design on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Xelpmoc Design And or generate 0.0% return on investment in Xelpmoc Design over 30 days. Xelpmoc Design is related to or competes with Ratnamani Metals, Speciality Restaurants, Bharatiya Global, Hindustan Media, Reliance Industrial, and Entertainment Network. Xelpmoc Design is entity of India. It is traded as Stock on NSE exchange. More
Xelpmoc Design 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 Xelpmoc Design'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 Xelpmoc Design And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | 0.0099 | |||
| Maximum Drawdown | 26.18 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 6.5 |
Xelpmoc Design Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xelpmoc Design's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xelpmoc Design's standard deviation. In reality, there are many statistical measures that can use Xelpmoc Design historical prices to predict the future Xelpmoc Design's volatility.| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.0315 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.015 | |||
| Treynor Ratio | 0.157 |
Xelpmoc Design And Backtested Returns
Xelpmoc Design appears to be very steady, given 3 months investment horizon. Xelpmoc Design And shows Sharpe Ratio of 0.053, which attests that the company had a 0.053% return per unit of risk over the last 3 months. We have found thirty technical indicators for Xelpmoc Design And, which you can use to evaluate the volatility of the company. Please utilize Xelpmoc Design's Mean Deviation of 2.69, market risk adjusted performance of 0.167, and Downside Deviation of 2.74 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xelpmoc Design holds a performance score of 4. The firm maintains a market beta of 1.07, which attests to a somewhat significant risk relative to the market. Xelpmoc Design returns are very sensitive to returns on the market. As the market goes up or down, Xelpmoc Design is expected to follow. Please check Xelpmoc Design's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Xelpmoc Design's historical returns will revert.
Auto-correlation | 0.23 |
Weak predictability
Xelpmoc Design And has weak predictability. Overlapping area represents the amount of predictability between Xelpmoc Design time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Xelpmoc Design And price movement. The serial correlation of 0.23 indicates that over 23.0% of current Xelpmoc Design price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 4.39 |
Xelpmoc Design And lagged returns against current returns
Autocorrelation, which is Xelpmoc Design 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 Xelpmoc Design's stock expected returns. We can calculate the autocorrelation of Xelpmoc Design returns to help us make a trade decision. For example, suppose you find that Xelpmoc Design 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 |
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Xelpmoc Design 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 Xelpmoc Design stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xelpmoc Design stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xelpmoc Design stock over time.
Current vs Lagged Prices |
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Xelpmoc Design Lagged Returns
When evaluating Xelpmoc Design's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xelpmoc Design stock have on its future price. Xelpmoc Design 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, Xelpmoc Design autocorrelation shows the relationship between Xelpmoc Design stock current value and its past values and can show if there is a momentum factor associated with investing in Xelpmoc Design And.
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 Xelpmoc Stock
Xelpmoc Design financial ratios help investors to determine whether Xelpmoc 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 Xelpmoc with respect to the benefits of owning Xelpmoc Design security.