AGI Greenpac (India) Market Value
AGI Stock | 654.65 11.80 1.77% |
Symbol | AGI |
AGI Greenpac '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 AGI Greenpac'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 AGI Greenpac.
12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in AGI Greenpac on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding AGI Greenpac Limited or generate 0.0% return on investment in AGI Greenpac over 90 days. AGI Greenpac is related to or competes with Shaily Engineering, Bombay Burmah, Bajaj Holdings, Styrenix Performance, BF Utilities, Mask Investments, and Industrial Investment. More
AGI Greenpac 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 AGI Greenpac'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 AGI Greenpac Limited upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.20) | |||
Maximum Drawdown | 24.1 | |||
Value At Risk | (5.66) | |||
Potential Upside | 6.08 |
AGI Greenpac Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGI Greenpac's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGI Greenpac's standard deviation. In reality, there are many statistical measures that can use AGI Greenpac historical prices to predict the future AGI Greenpac's volatility.Risk Adjusted Performance | (0.19) | |||
Jensen Alpha | (0.90) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 213.15 |
AGI Greenpac Limited Backtested Returns
AGI Greenpac Limited secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22 % return per unit of return volatility over the last 3 months. AGI Greenpac Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGI Greenpac's Mean Deviation of 2.71, risk adjusted performance of (0.19), and Coefficient Of Variation of (447.15) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0042, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AGI Greenpac are expected to decrease at a much lower rate. During the bear market, AGI Greenpac is likely to outperform the market. At this point, AGI Greenpac Limited has a negative expected return of -0.89%. Please make sure to confirm AGI Greenpac's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if AGI Greenpac Limited performance from the past will be repeated in the future.
Auto-correlation | 0.73 |
Good predictability
AGI Greenpac Limited has good predictability. Overlapping area represents the amount of predictability between AGI Greenpac time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 AGI Greenpac Limited price movement. The serial correlation of 0.73 indicates that around 73.0% of current AGI Greenpac price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.73 | |
Spearman Rank Test | 0.59 | |
Residual Average | 0.0 | |
Price Variance | 1518.32 |
AGI Greenpac Limited lagged returns against current returns
Autocorrelation, which is AGI Greenpac 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 AGI Greenpac's stock expected returns. We can calculate the autocorrelation of AGI Greenpac returns to help us make a trade decision. For example, suppose you find that AGI Greenpac 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 |
AGI Greenpac 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 AGI Greenpac stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGI Greenpac stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGI Greenpac stock over time.
Current vs Lagged Prices |
Timeline |
AGI Greenpac Lagged Returns
When evaluating AGI Greenpac's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGI Greenpac stock have on its future price. AGI Greenpac 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, AGI Greenpac autocorrelation shows the relationship between AGI Greenpac stock current value and its past values and can show if there is a momentum factor associated with investing in AGI Greenpac 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 AGI Stock
AGI Greenpac financial ratios help investors to determine whether AGI 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 AGI with respect to the benefits of owning AGI Greenpac security.