Ami Organics (India) Market Value
| AMIORG Stock | 2,260 116.55 5.44% |
| Symbol | Ami |
Ami Organics '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 Ami Organics' 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 Ami Organics.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Ami Organics on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Ami Organics Limited or generate 0.0% return on investment in Ami Organics over 720 days. Ami Organics is related to or competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, Gujarat Alkalies, Indian Metals, and JTL Industries. Ami Organics is entity of India. It is traded as Stock on NSE exchange. More
Ami Organics 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 Ami Organics' 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 Ami Organics Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.22 | |||
| Maximum Drawdown | 17.09 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 5.44 |
Ami Organics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ami Organics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ami Organics' standard deviation. In reality, there are many statistical measures that can use Ami Organics historical prices to predict the future Ami Organics' volatility.| Risk Adjusted Performance | 0.2057 | |||
| Jensen Alpha | 0.813 | |||
| Total Risk Alpha | 0.3369 | |||
| Sortino Ratio | 0.285 | |||
| Treynor Ratio | (29.02) |
Ami Organics Limited Backtested Returns
Ami Organics appears to be very steady, given 3 months investment horizon. Ami Organics Limited secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Ami Organics' technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please makes use of Ami Organics' Mean Deviation of 2.45, downside deviation of 2.44, and Risk Adjusted Performance of 0.2057 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ami Organics holds a performance score of 20. The firm shows a Beta (market volatility) of -0.0279, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ami Organics are expected to decrease at a much lower rate. During the bear market, Ami Organics is likely to outperform the market. Please check Ami Organics' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Ami Organics' price patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Ami Organics Limited has average predictability. Overlapping area represents the amount of predictability between Ami Organics time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Ami Organics Limited price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Ami Organics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 84.4 K |
Ami Organics Limited lagged returns against current returns
Autocorrelation, which is Ami Organics 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 Ami Organics' stock expected returns. We can calculate the autocorrelation of Ami Organics returns to help us make a trade decision. For example, suppose you find that Ami Organics 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 |
Ami Organics 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 Ami Organics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ami Organics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ami Organics stock over time.
Current vs Lagged Prices |
| Timeline |
Ami Organics Lagged Returns
When evaluating Ami Organics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ami Organics stock have on its future price. Ami Organics 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, Ami Organics autocorrelation shows the relationship between Ami Organics stock current value and its past values and can show if there is a momentum factor associated with investing in Ami Organics 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 Ami Stock
Ami Organics financial ratios help investors to determine whether Ami 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 Ami with respect to the benefits of owning Ami Organics security.