Cholamandalam Investment (India) Market Value
| CHOLAFIN | 1,513 4.85 0.32% |
| Symbol | Cholamandalam |
Cholamandalam Investment '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 Cholamandalam Investment'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 Cholamandalam Investment.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Cholamandalam Investment on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Cholamandalam Investment and or generate 0.0% return on investment in Cholamandalam Investment over 90 days. Cholamandalam Investment is related to or competes with Varun Beverages, Mtar Technologies, Mangalam Drugs, Shaily Engineering, Hexaware Technologies, Nazara Technologies, and Som Distilleries. Cholamandalam Investment is entity of India More
Cholamandalam Investment 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 Cholamandalam Investment'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 Cholamandalam Investment and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.1237 | |||
| Maximum Drawdown | 10.91 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 4.78 |
Cholamandalam Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cholamandalam Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cholamandalam Investment's standard deviation. In reality, there are many statistical measures that can use Cholamandalam Investment historical prices to predict the future Cholamandalam Investment's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.2324 | |||
| Total Risk Alpha | 0.4595 | |||
| Sortino Ratio | 0.1669 | |||
| Treynor Ratio | 0.5483 |
Cholamandalam Investment Backtested Returns
Cholamandalam Investment appears to be very steady, given 3 months investment horizon. Cholamandalam Investment secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cholamandalam Investment and, which you can use to evaluate the volatility of the firm. Please makes use of Cholamandalam Investment's Downside Deviation of 1.76, mean deviation of 1.94, and Risk Adjusted Performance of 0.083 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cholamandalam Investment holds a performance score of 14. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cholamandalam Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cholamandalam Investment is expected to be smaller as well. Please check Cholamandalam Investment's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Cholamandalam Investment's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Cholamandalam Investment and has below average predictability. Overlapping area represents the amount of predictability between Cholamandalam Investment time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 Cholamandalam Investment price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Cholamandalam Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2010.81 |
Cholamandalam Investment lagged returns against current returns
Autocorrelation, which is Cholamandalam Investment 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 Cholamandalam Investment's stock expected returns. We can calculate the autocorrelation of Cholamandalam Investment returns to help us make a trade decision. For example, suppose you find that Cholamandalam Investment 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 |
Cholamandalam Investment 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 Cholamandalam Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cholamandalam Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cholamandalam Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Cholamandalam Investment Lagged Returns
When evaluating Cholamandalam Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cholamandalam Investment stock have on its future price. Cholamandalam Investment 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, Cholamandalam Investment autocorrelation shows the relationship between Cholamandalam Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Cholamandalam Investment 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 Cholamandalam Stock
Cholamandalam Investment financial ratios help investors to determine whether Cholamandalam 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 Cholamandalam with respect to the benefits of owning Cholamandalam Investment security.