Apex Frozen (India) Market Value
| APEX Stock | 207.85 5.80 2.71% |
| Symbol | Apex |
Apex Frozen '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 Apex Frozen'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 Apex Frozen.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in Apex Frozen on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding Apex Frozen Foods or generate 0.0% return on investment in Apex Frozen over 720 days. Apex Frozen is related to or competes with RBL Bank, SBI Life, Pritish Nandy, ROUTE MOBILE, Tamilnadu Telecommunicatio, Uniinfo Telecom, and DCM Financial. Apex Frozen is entity of India. It is traded as Stock on NSE exchange. More
Apex Frozen 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 Apex Frozen'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 Apex Frozen Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 22.41 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.23 |
Apex Frozen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apex Frozen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apex Frozen's standard deviation. In reality, there are many statistical measures that can use Apex Frozen historical prices to predict the future Apex Frozen's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.86) |
Apex Frozen Foods Backtested Returns
Apex Frozen Foods secures Sharpe Ratio (or Efficiency) of -0.0428, which signifies that the company had a -0.0428 % return per unit of standard deviation over the last 3 months. Apex Frozen Foods exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apex Frozen's mean deviation of 2.37, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Apex Frozen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Apex Frozen is expected to be smaller as well. At this point, Apex Frozen Foods has a negative expected return of -0.15%. Please make sure to confirm Apex Frozen's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Apex Frozen Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Apex Frozen Foods has average predictability. Overlapping area represents the amount of predictability between Apex Frozen time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 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 Apex Frozen Foods price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Apex Frozen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 517.75 |
Apex Frozen Foods lagged returns against current returns
Autocorrelation, which is Apex Frozen 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 Apex Frozen's stock expected returns. We can calculate the autocorrelation of Apex Frozen returns to help us make a trade decision. For example, suppose you find that Apex Frozen 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 |
Apex Frozen 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 Apex Frozen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apex Frozen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apex Frozen stock over time.
Current vs Lagged Prices |
| Timeline |
Apex Frozen Lagged Returns
When evaluating Apex Frozen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apex Frozen stock have on its future price. Apex Frozen 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, Apex Frozen autocorrelation shows the relationship between Apex Frozen stock current value and its past values and can show if there is a momentum factor associated with investing in Apex Frozen Foods.
Regressed Prices |
| Timeline |
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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.Additional Tools for Apex Stock Analysis
When running Apex Frozen's price analysis, check to measure Apex Frozen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apex Frozen is operating at the current time. Most of Apex Frozen's value examination focuses on studying past and present price action to predict the probability of Apex Frozen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apex Frozen's price. Additionally, you may evaluate how the addition of Apex Frozen to your portfolios can decrease your overall portfolio volatility.