Datamatics Global (India) Market Value
| DATAMATICS | 610.50 5.20 0.84% |
| Symbol | Datamatics |
Datamatics Global '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 Datamatics Global'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 Datamatics Global.
| 03/01/2023 |
| 02/18/2025 |
If you would invest 0.00 in Datamatics Global on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Datamatics Global Services or generate 0.0% return on investment in Datamatics Global over 720 days. Datamatics Global is related to or competes with Manali Petrochemicals, Chembond Chemicals, Mangalore Chemicals, Zuari Agro, Hisar Metal, Associated Alcohols, and Hindcon Chemicals. Datamatics Global is entity of India. It is traded as Stock on NSE exchange. More
Datamatics Global 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 Datamatics Global'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 Datamatics Global Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0714 | |||
| Maximum Drawdown | 15.33 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 5.65 |
Datamatics Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datamatics Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datamatics Global's standard deviation. In reality, there are many statistical measures that can use Datamatics Global historical prices to predict the future Datamatics Global's volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.2296 | |||
| Total Risk Alpha | 0.2245 | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | (6.39) |
Datamatics Global Backtested Returns
Datamatics Global appears to be very steady, given 3 months investment horizon. Datamatics Global secures Sharpe Ratio (or Efficiency) of 0.0842, which denotes the company had a 0.0842 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Datamatics Global Services, which you can use to evaluate the volatility of the firm. Please utilize Datamatics Global's Coefficient Of Variation of 1335.56, downside deviation of 3.01, and Mean Deviation of 2.49 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Datamatics Global holds a performance score of 6. The firm shows a Beta (market volatility) of -0.0359, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Datamatics Global are expected to decrease at a much lower rate. During the bear market, Datamatics Global is likely to outperform the market. Please check Datamatics Global's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Datamatics Global's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Datamatics Global Services has average predictability. Overlapping area represents the amount of predictability between Datamatics Global time series from 1st of March 2023 to 24th of February 2024 and 24th of February 2024 to 18th 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 Datamatics Global price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Datamatics Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 2032.23 |
Datamatics Global lagged returns against current returns
Autocorrelation, which is Datamatics Global 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 Datamatics Global's stock expected returns. We can calculate the autocorrelation of Datamatics Global returns to help us make a trade decision. For example, suppose you find that Datamatics Global 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 |
Datamatics Global 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 Datamatics Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datamatics Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datamatics Global stock over time.
Current vs Lagged Prices |
| Timeline |
Datamatics Global Lagged Returns
When evaluating Datamatics Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Datamatics Global stock have on its future price. Datamatics Global 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, Datamatics Global autocorrelation shows the relationship between Datamatics Global stock current value and its past values and can show if there is a momentum factor associated with investing in Datamatics Global Services.
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 Datamatics Stock Analysis
When running Datamatics Global's price analysis, check to measure Datamatics Global'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 Datamatics Global is operating at the current time. Most of Datamatics Global's value examination focuses on studying past and present price action to predict the probability of Datamatics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datamatics Global's price. Additionally, you may evaluate how the addition of Datamatics Global to your portfolios can decrease your overall portfolio volatility.