Agarwal Industrial (India) Market Value
| AGARIND Stock | 1,055 90.75 9.42% |
| Symbol | Agarwal |
Agarwal Industrial '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 Agarwal Industrial'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 Agarwal Industrial.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Agarwal Industrial on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Agarwal Industrial or generate 0.0% return on investment in Agarwal Industrial over 90 days. Agarwal Industrial is related to or competes with Punjab National, Bandhan Bank, Max Financial, Union Bank, Vertoz Advertising, HDFC Life, and AU Small. Agarwal Industrial is entity of India. It is traded as Stock on NSE exchange. More
Agarwal Industrial 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 Agarwal Industrial'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 Agarwal Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.79 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 4.74 |
Agarwal Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agarwal Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agarwal Industrial's standard deviation. In reality, there are many statistical measures that can use Agarwal Industrial historical prices to predict the future Agarwal Industrial's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | 0.0026 | |||
| Treynor Ratio | 1.03 |
Agarwal Industrial Backtested Returns
Agarwal Industrial secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of standard deviation over the last 3 months. Agarwal Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agarwal Industrial's risk adjusted performance of (0.09), and Mean Deviation of 2.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Agarwal Industrial are expected to decrease at a much lower rate. During the bear market, Agarwal Industrial is likely to outperform the market. At this point, Agarwal Industrial has a negative expected return of -0.34%. Please make sure to confirm Agarwal Industrial's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Agarwal Industrial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Agarwal Industrial has average predictability. Overlapping area represents the amount of predictability between Agarwal Industrial time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 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 Agarwal Industrial price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Agarwal Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 5041.71 |
Agarwal Industrial lagged returns against current returns
Autocorrelation, which is Agarwal Industrial 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 Agarwal Industrial's stock expected returns. We can calculate the autocorrelation of Agarwal Industrial returns to help us make a trade decision. For example, suppose you find that Agarwal Industrial 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 |
Agarwal Industrial 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 Agarwal Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agarwal Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agarwal Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Agarwal Industrial Lagged Returns
When evaluating Agarwal Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agarwal Industrial stock have on its future price. Agarwal Industrial 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, Agarwal Industrial autocorrelation shows the relationship between Agarwal Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Agarwal Industrial.
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 Agarwal Stock
Agarwal Industrial financial ratios help investors to determine whether Agarwal 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 Agarwal with respect to the benefits of owning Agarwal Industrial security.