Diamond Power (India) Market Value
| DIACABS Stock | 87.52 4.16 4.99% |
| Symbol | Diamond |
Diamond Power '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 Diamond Power'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 Diamond Power.
| 03/16/2023 |
| 03/05/2025 |
If you would invest 0.00 in Diamond Power on March 16, 2023 and sell it all today you would earn a total of 0.00 from holding Diamond Power Infrastructure or generate 0.0% return on investment in Diamond Power over 720 days. Diamond Power is related to or competes with Praxis Home, ADF Foods, Patanjali Foods, Hindware Home, Hindustan Foods, Agro Tech, and Varun Beverages. Diamond Power is entity of India. It is traded as Stock on NSE exchange. More
Diamond Power 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 Diamond Power'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 Diamond Power Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.75 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 5.0 |
Diamond Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamond Power's standard deviation. In reality, there are many statistical measures that can use Diamond Power historical prices to predict the future Diamond Power's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 1.48 |
Diamond Power Infras Backtested Returns
Diamond Power Infras secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26 % return per unit of standard deviation over the last 3 months. Diamond Power Infrastructure exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamond Power's Mean Deviation of 3.45, standard deviation of 4.01, and Coefficient Of Variation of (587.85) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.47, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Diamond Power are expected to decrease at a much lower rate. During the bear market, Diamond Power is likely to outperform the market. At this point, Diamond Power Infras has a negative expected return of -0.99%. Please make sure to confirm Diamond Power's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Diamond Power Infras performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Diamond Power Infrastructure has modest reverse predictability. Overlapping area represents the amount of predictability between Diamond Power time series from 16th of March 2023 to 10th of March 2024 and 10th of March 2024 to 5th 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 Diamond Power Infras price movement. The serial correlation of -0.49 indicates that about 49.0% of current Diamond Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1231.91 |
Diamond Power Infras lagged returns against current returns
Autocorrelation, which is Diamond Power 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 Diamond Power's stock expected returns. We can calculate the autocorrelation of Diamond Power returns to help us make a trade decision. For example, suppose you find that Diamond Power 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 |
Diamond Power 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 Diamond Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamond Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamond Power stock over time.
Current vs Lagged Prices |
| Timeline |
Diamond Power Lagged Returns
When evaluating Diamond Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamond Power stock have on its future price. Diamond Power 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, Diamond Power autocorrelation shows the relationship between Diamond Power stock current value and its past values and can show if there is a momentum factor associated with investing in Diamond Power Infrastructure.
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 Diamond Stock Analysis
When running Diamond Power's price analysis, check to measure Diamond Power'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 Diamond Power is operating at the current time. Most of Diamond Power's value examination focuses on studying past and present price action to predict the probability of Diamond Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Power's price. Additionally, you may evaluate how the addition of Diamond Power to your portfolios can decrease your overall portfolio volatility.