Fiberweb (India) Market Value
| FIBERWEB | 63.00 3.00 5.00% |
| Symbol | Fiberweb |
Fiberweb '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 Fiberweb'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 Fiberweb.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Fiberweb on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Fiberweb Limited or generate 0.0% return on investment in Fiberweb over 720 days. Fiberweb is related to or competes with Reliance Industries, HDFC Bank, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Delta Manufacturing. Fiberweb is entity of India. It is traded as Stock on NSE exchange. More
Fiberweb 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 Fiberweb'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 Fiberweb Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.1161 | |||
| Maximum Drawdown | 15.99 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 7.84 |
Fiberweb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fiberweb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fiberweb's standard deviation. In reality, there are many statistical measures that can use Fiberweb historical prices to predict the future Fiberweb's volatility.| Risk Adjusted Performance | 0.1118 | |||
| Jensen Alpha | 0.4205 | |||
| Total Risk Alpha | 0.2644 | |||
| Sortino Ratio | 0.16 | |||
| Treynor Ratio | 0.5035 |
Fiberweb Limited Backtested Returns
Fiberweb appears to be very steady, given 3 months investment horizon. Fiberweb Limited secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of standard deviation over the last 3 months. By reviewing Fiberweb's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Fiberweb's Semi Deviation of 2.27, mean deviation of 2.75, and Downside Deviation of 2.61 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fiberweb holds a performance score of 15. The firm shows a Beta (market volatility) of 0.91, which means possible diversification benefits within a given portfolio. Fiberweb returns are very sensitive to returns on the market. As the market goes up or down, Fiberweb is expected to follow. Please check Fiberweb's maximum drawdown, and the relationship between the information ratio and expected short fall , to make a quick decision on whether Fiberweb's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Fiberweb Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Fiberweb time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Fiberweb Limited price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Fiberweb price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 57.04 |
Fiberweb Limited lagged returns against current returns
Autocorrelation, which is Fiberweb 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 Fiberweb's stock expected returns. We can calculate the autocorrelation of Fiberweb returns to help us make a trade decision. For example, suppose you find that Fiberweb 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 |
Fiberweb 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 Fiberweb stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fiberweb stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fiberweb stock over time.
Current vs Lagged Prices |
| Timeline |
Fiberweb Lagged Returns
When evaluating Fiberweb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fiberweb stock have on its future price. Fiberweb 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, Fiberweb autocorrelation shows the relationship between Fiberweb stock current value and its past values and can show if there is a momentum factor associated with investing in Fiberweb Limited.
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 Fiberweb Stock
Fiberweb financial ratios help investors to determine whether Fiberweb 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 Fiberweb with respect to the benefits of owning Fiberweb security.