BAG Films (India) Market Value
| BAGFILMS | 11.55 0.34 2.86% |
| Symbol | BAG |
BAG Films '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 BAG Films' 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 BAG Films.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in BAG Films on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding BAG Films and or generate 0.0% return on investment in BAG Films over 390 days. BAG Films is related to or competes with Gangotri Textiles, Hemisphere Properties, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Delta Manufacturing. BAG Films is entity of India. It is traded as Stock on NSE exchange. More
BAG Films 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 BAG Films' 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 BAG Films and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.27 | |||
| Information Ratio | 0.0335 | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (5.22) | |||
| Potential Upside | 9.67 |
BAG Films Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BAG Films' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BAG Films' standard deviation. In reality, there are many statistical measures that can use BAG Films historical prices to predict the future BAG Films' volatility.| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.1421 | |||
| Total Risk Alpha | 0.044 | |||
| Sortino Ratio | 0.0407 | |||
| Treynor Ratio | 0.2603 |
BAG Films Backtested Returns
BAG Films appears to be somewhat reliable, given 3 months investment horizon. BAG Films secures Sharpe Ratio (or Efficiency) of 0.0618, which signifies that the company had a 0.0618% return per unit of risk over the last 3 months. We have found thirty technical indicators for BAG Films and, which you can use to evaluate the volatility of the entity. Please makes use of BAG Films' mean deviation of 2.94, and Coefficient Of Variation of 2404.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BAG Films holds a performance score of 4. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BAG Films' returns are expected to increase less than the market. However, during the bear market, the loss of holding BAG Films is expected to be smaller as well. Please check BAG Films' maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether BAG Films' price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
BAG Films and has poor reverse predictability. Overlapping area represents the amount of predictability between BAG Films time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 BAG Films price movement. The serial correlation of -0.38 indicates that just about 38.0% of current BAG Films price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
BAG Films lagged returns against current returns
Autocorrelation, which is BAG Films 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 BAG Films' stock expected returns. We can calculate the autocorrelation of BAG Films returns to help us make a trade decision. For example, suppose you find that BAG Films 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 |
BAG Films 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 BAG Films stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAG Films stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAG Films stock over time.
Current vs Lagged Prices |
| Timeline |
BAG Films Lagged Returns
When evaluating BAG Films' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BAG Films stock have on its future price. BAG Films 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, BAG Films autocorrelation shows the relationship between BAG Films stock current value and its past values and can show if there is a momentum factor associated with investing in BAG Films and.
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 BAG Stock
BAG Films financial ratios help investors to determine whether BAG 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 BAG with respect to the benefits of owning BAG Films security.