Edelweiss Financial (India) Market Value
| EDELWEISS | 125.13 2.22 1.81% |
| Symbol | Edelweiss |
Edelweiss Financial '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 Edelweiss Financial'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 Edelweiss Financial.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Edelweiss Financial on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Edelweiss Financial Services or generate 0.0% return on investment in Edelweiss Financial over 90 days. Edelweiss Financial is related to or competes with AVALON TECHNOLOGIES, Unitech, 63 Moons, Palred Technologies, Allied Blenders, California Software, and VA Tech. Edelweiss Financial is entity of India. It is traded as Stock on NSE exchange. More
Edelweiss Financial 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 Edelweiss Financial'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 Edelweiss Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 18.69 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 6.86 |
Edelweiss Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edelweiss Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edelweiss Financial's standard deviation. In reality, there are many statistical measures that can use Edelweiss Financial historical prices to predict the future Edelweiss Financial's volatility.| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 0.1459 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0143 | |||
| Treynor Ratio | 0.6837 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Edelweiss Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Edelweiss Financial Backtested Returns
Edelweiss Financial appears to be very steady, given 3 months investment horizon. Edelweiss Financial secures Sharpe Ratio (or Efficiency) of 0.0783, which denotes the company had a 0.0783% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Edelweiss Financial Services, which you can use to evaluate the volatility of the firm. Please utilize Edelweiss Financial's Coefficient Of Variation of 2031.61, downside deviation of 3.63, and Mean Deviation of 3.06 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Edelweiss Financial holds a performance score of 6. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Edelweiss Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edelweiss Financial is expected to be smaller as well. Please check Edelweiss Financial's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Edelweiss Financial's price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Edelweiss Financial Services has insignificant reverse predictability. Overlapping area represents the amount of predictability between Edelweiss Financial time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Edelweiss Financial price movement. The serial correlation of -0.17 indicates that over 17.0% of current Edelweiss Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 32.85 |
Edelweiss Financial lagged returns against current returns
Autocorrelation, which is Edelweiss Financial 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 Edelweiss Financial's stock expected returns. We can calculate the autocorrelation of Edelweiss Financial returns to help us make a trade decision. For example, suppose you find that Edelweiss Financial 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 |
Edelweiss Financial 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 Edelweiss Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edelweiss Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edelweiss Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Edelweiss Financial Lagged Returns
When evaluating Edelweiss Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edelweiss Financial stock have on its future price. Edelweiss Financial 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, Edelweiss Financial autocorrelation shows the relationship between Edelweiss Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Edelweiss Financial Services.
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 Edelweiss Stock
Edelweiss Financial financial ratios help investors to determine whether Edelweiss 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 Edelweiss with respect to the benefits of owning Edelweiss Financial security.