Dhunseri Investments (India) Market Value
| DHUNINV Stock | 2,336 70.95 2.95% |
| Symbol | Dhunseri |
Dhunseri Investments '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 Dhunseri Investments' 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 Dhunseri Investments.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Dhunseri Investments on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dhunseri Investments Limited or generate 0.0% return on investment in Dhunseri Investments over 30 days. Dhunseri Investments is related to or competes with ICICI Securities, Nippon Life, Fortis Healthcare, ICICI Lombard, CEAT, and KEC International. Dhunseri Investments is entity of India. It is traded as Stock on NSE exchange. More
Dhunseri Investments 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 Dhunseri Investments' 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 Dhunseri Investments Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.1 | |||
| Information Ratio | 0.1129 | |||
| Maximum Drawdown | 28.26 | |||
| Value At Risk | (7.54) | |||
| Potential Upside | 8.37 |
Dhunseri Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dhunseri Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dhunseri Investments' standard deviation. In reality, there are many statistical measures that can use Dhunseri Investments historical prices to predict the future Dhunseri Investments' volatility.| Risk Adjusted Performance | 0.1147 | |||
| Jensen Alpha | 0.6535 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 6.78 |
Dhunseri Investments Backtested Returns
Dhunseri Investments appears to be very steady, given 3 months investment horizon. Dhunseri Investments secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Dhunseri Investments' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Dhunseri Investments' Coefficient Of Variation of 721.09, downside deviation of 4.1, and Mean Deviation of 3.38 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dhunseri Investments holds a performance score of 9. The firm shows a Beta (market volatility) of 0.098, which means not very significant fluctuations relative to the market. As returns on the market increase, Dhunseri Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dhunseri Investments is expected to be smaller as well. Please check Dhunseri Investments' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Dhunseri Investments' price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Dhunseri Investments Limited has average predictability. Overlapping area represents the amount of predictability between Dhunseri Investments time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Dhunseri Investments price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Dhunseri Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 2282.67 |
Dhunseri Investments lagged returns against current returns
Autocorrelation, which is Dhunseri Investments 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 Dhunseri Investments' stock expected returns. We can calculate the autocorrelation of Dhunseri Investments returns to help us make a trade decision. For example, suppose you find that Dhunseri Investments 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 |
Dhunseri Investments 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 Dhunseri Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dhunseri Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dhunseri Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Dhunseri Investments Lagged Returns
When evaluating Dhunseri Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dhunseri Investments stock have on its future price. Dhunseri Investments 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, Dhunseri Investments autocorrelation shows the relationship between Dhunseri Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Dhunseri Investments Limited.
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 Dhunseri Stock Analysis
When running Dhunseri Investments' price analysis, check to measure Dhunseri Investments' 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 Dhunseri Investments is operating at the current time. Most of Dhunseri Investments' value examination focuses on studying past and present price action to predict the probability of Dhunseri Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dhunseri Investments' price. Additionally, you may evaluate how the addition of Dhunseri Investments to your portfolios can decrease your overall portfolio volatility.