AVALON TECHNOLOGIES (India) Market Value
| AVALON Stock | 668.30 6.80 1.01% |
| Symbol | AVALON |
AVALON TECHNOLOGIES '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 AVALON TECHNOLOGIES'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 AVALON TECHNOLOGIES.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in AVALON TECHNOLOGIES on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding AVALON TECHNOLOGIES LTD or generate 0.0% return on investment in AVALON TECHNOLOGIES over 90 days. AVALON TECHNOLOGIES is related to or competes with Shyam Metalics, Industrial Investment, Selan Exploration, Compucom Software, Sintex Plastics, Computer Age, and Tera Software. AVALON TECHNOLOGIES is entity of India. It is traded as Stock on NSE exchange. More
AVALON TECHNOLOGIES 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 AVALON TECHNOLOGIES'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 AVALON TECHNOLOGIES LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 17.38 | |||
| Value At Risk | (5.43) | |||
| Potential Upside | 5.0 |
AVALON TECHNOLOGIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVALON TECHNOLOGIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVALON TECHNOLOGIES's standard deviation. In reality, there are many statistical measures that can use AVALON TECHNOLOGIES historical prices to predict the future AVALON TECHNOLOGIES's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | 0.1352 | |||
| Treynor Ratio | 0.5373 |
AVALON TECHNOLOGIES LTD Backtested Returns
AVALON TECHNOLOGIES LTD retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. AVALON TECHNOLOGIES exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AVALON TECHNOLOGIES's variance of 12.81, and Market Risk Adjusted Performance of 0.5473 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AVALON TECHNOLOGIES are expected to decrease at a much lower rate. During the bear market, AVALON TECHNOLOGIES is likely to outperform the market. At this point, AVALON TECHNOLOGIES LTD has a negative expected return of -0.42%. Please make sure to confirm AVALON TECHNOLOGIES's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if AVALON TECHNOLOGIES LTD performance from the past will be repeated in the future.
Auto-correlation | -0.07 |
Very weak reverse predictability
AVALON TECHNOLOGIES LTD has very weak reverse predictability. Overlapping area represents the amount of predictability between AVALON TECHNOLOGIES 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 AVALON TECHNOLOGIES LTD price movement. The serial correlation of -0.07 indicates that barely 7.0% of current AVALON TECHNOLOGIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 622.56 |
AVALON TECHNOLOGIES LTD lagged returns against current returns
Autocorrelation, which is AVALON TECHNOLOGIES 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 AVALON TECHNOLOGIES's stock expected returns. We can calculate the autocorrelation of AVALON TECHNOLOGIES returns to help us make a trade decision. For example, suppose you find that AVALON TECHNOLOGIES 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 |
AVALON TECHNOLOGIES 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 AVALON TECHNOLOGIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVALON TECHNOLOGIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVALON TECHNOLOGIES stock over time.
Current vs Lagged Prices |
| Timeline |
AVALON TECHNOLOGIES Lagged Returns
When evaluating AVALON TECHNOLOGIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVALON TECHNOLOGIES stock have on its future price. AVALON TECHNOLOGIES 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, AVALON TECHNOLOGIES autocorrelation shows the relationship between AVALON TECHNOLOGIES stock current value and its past values and can show if there is a momentum factor associated with investing in AVALON TECHNOLOGIES LTD.
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 AVALON Stock
AVALON TECHNOLOGIES financial ratios help investors to determine whether AVALON 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 AVALON with respect to the benefits of owning AVALON TECHNOLOGIES security.