Rallis India (India) Market Value
| RALLIS Stock | 318.35 13.25 4.34% |
| Symbol | Rallis |
Rallis India '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 Rallis India'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 Rallis India.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rallis India on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rallis India Limited or generate 0.0% return on investment in Rallis India over 60 days. Rallis India is related to or competes with Advani Hotels, Oriental Hotels, Parag Milk, Mrs Bectors, Kohinoor Foods, Kamat Hotels, and SINCLAIRS HOTELS. Rallis India is entity of India. It is traded as Stock on NSE exchange. More
Rallis India 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 Rallis India'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 Rallis India Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.35 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.15 |
Rallis India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rallis India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rallis India's standard deviation. In reality, there are many statistical measures that can use Rallis India historical prices to predict the future Rallis India's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 3.3 |
Rallis India Limited Backtested Returns
Rallis India Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.0199, which implies the firm had a -0.0199% return per unit of risk over the last 3 months. Rallis India Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rallis India's Risk Adjusted Performance of (0.03), variance of 6.78, and Coefficient Of Variation of (2,087) to confirm the risk estimate we provide. The company holds a Beta of -0.0408, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rallis India are expected to decrease at a much lower rate. During the bear market, Rallis India is likely to outperform the market. At this point, Rallis India Limited has a negative expected return of -0.0529%. Please make sure to check Rallis India's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Rallis India Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Rallis India Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Rallis India time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd 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 Rallis India Limited price movement. The serial correlation of -0.7 indicates that around 70.0% of current Rallis India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 165.09 |
Rallis India Limited lagged returns against current returns
Autocorrelation, which is Rallis India 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 Rallis India's stock expected returns. We can calculate the autocorrelation of Rallis India returns to help us make a trade decision. For example, suppose you find that Rallis India 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 |
Rallis India 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 Rallis India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rallis India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rallis India stock over time.
Current vs Lagged Prices |
| Timeline |
Rallis India Lagged Returns
When evaluating Rallis India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rallis India stock have on its future price. Rallis India 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, Rallis India autocorrelation shows the relationship between Rallis India stock current value and its past values and can show if there is a momentum factor associated with investing in Rallis India 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 Rallis Stock
Rallis India financial ratios help investors to determine whether Rallis 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 Rallis with respect to the benefits of owning Rallis India security.