SIL Investments (India) Market Value
| SILINV Stock | 593.50 5.15 0.88% |
| Symbol | SIL |
SIL Investments '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 SIL Investments' 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 SIL Investments.
| 08/29/2024 |
| 09/28/2024 |
If you would invest 0.00 in SIL Investments on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding SIL Investments Limited or generate 0.0% return on investment in SIL Investments over 30 days. SIL Investments is related to or competes with ICICI Securities, Fortis Healthcare, KEC International, CEAT, and Coforge. SIL Investments is entity of India. It is traded as Stock on NSE exchange. More
SIL Investments 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 SIL Investments' 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 SIL Investments Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0117 | |||
| Maximum Drawdown | 13.04 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.49 |
SIL Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIL Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIL Investments' standard deviation. In reality, there are many statistical measures that can use SIL Investments historical prices to predict the future SIL Investments' volatility.| Risk Adjusted Performance | 0.0628 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0135 | |||
| Treynor Ratio | 0.5694 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SIL Investments' 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.
SIL Investments Backtested Returns
At this point, SIL Investments is very steady. SIL Investments owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0564, which indicates the firm had a 0.0564% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SIL Investments Limited, which you can use to evaluate the volatility of the company. Please validate SIL Investments' coefficient of variation of 1419.27, and Risk Adjusted Performance of 0.0628 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. SIL Investments has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIL Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding SIL Investments is expected to be smaller as well. SIL Investments currently has a risk of 2.05%. Please validate SIL Investments expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if SIL Investments will be following its existing price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
SIL Investments Limited has good reverse predictability. Overlapping area represents the amount of predictability between SIL Investments time series from 29th of August 2024 to 13th of September 2024 and 13th of September 2024 to 28th of September 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 SIL Investments price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current SIL Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 119.13 |
SIL Investments lagged returns against current returns
Autocorrelation, which is SIL Investments 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 SIL Investments' stock expected returns. We can calculate the autocorrelation of SIL Investments returns to help us make a trade decision. For example, suppose you find that SIL Investments 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 |
SIL Investments 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 SIL Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIL Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIL Investments stock over time.
Current vs Lagged Prices |
| Timeline |
SIL Investments Lagged Returns
When evaluating SIL Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIL Investments stock have on its future price. SIL Investments 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, SIL Investments autocorrelation shows the relationship between SIL Investments stock current value and its past values and can show if there is a momentum factor associated with investing in SIL Investments Limited.
Regressed Prices |
| Timeline |
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Other Information on Investing in SIL Stock
SIL Investments financial ratios help investors to determine whether SIL 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 SIL with respect to the benefits of owning SIL Investments security.