Foods Inns (India) Market Value
| FOODSIN Stock | 118.25 1.51 1.26% |
| Symbol | Foods |
Foods Inns '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 Foods Inns' 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 Foods Inns.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Foods Inns on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Foods Inns Limited or generate 0.0% return on investment in Foods Inns over 30 days. Foods Inns is related to or competes with Nestle India, TATA SUMER, Patanjali Foods, Bikaji Foods, Bombay Burmah, Zydus Wellness, and Mrs Bectors. Foods Inns is entity of India. It is traded as Stock on NSE exchange. More
Foods Inns 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 Foods Inns' 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 Foods Inns Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.67 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 5.19 |
Foods Inns Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foods Inns' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foods Inns' standard deviation. In reality, there are many statistical measures that can use Foods Inns historical prices to predict the future Foods Inns' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.7437 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foods Inns' 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.
Foods Inns Limited Backtested Returns
Foods Inns Limited secures Sharpe Ratio (or Efficiency) of -0.0226, which denotes the company had a -0.0226% return per unit of risk over the last 3 months. Foods Inns Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foods Inns' Standard Deviation of 3.63, mean deviation of 2.47, and Variance of 13.19 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Foods Inns are expected to decrease at a much lower rate. During the bear market, Foods Inns is likely to outperform the market. At this point, Foods Inns Limited has a negative expected return of -0.084%. Please make sure to confirm Foods Inns' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Foods Inns Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Foods Inns Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Foods Inns 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 Foods Inns Limited price movement. The serial correlation of -0.7 indicates that around 70.0% of current Foods Inns price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 7.14 |
Foods Inns Limited lagged returns against current returns
Autocorrelation, which is Foods Inns 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 Foods Inns' stock expected returns. We can calculate the autocorrelation of Foods Inns returns to help us make a trade decision. For example, suppose you find that Foods Inns 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 |
Foods Inns 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 Foods Inns stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foods Inns stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foods Inns stock over time.
Current vs Lagged Prices |
| Timeline |
Foods Inns Lagged Returns
When evaluating Foods Inns' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foods Inns stock have on its future price. Foods Inns 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, Foods Inns autocorrelation shows the relationship between Foods Inns stock current value and its past values and can show if there is a momentum factor associated with investing in Foods Inns 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.Other Information on Investing in Foods Stock
Foods Inns financial ratios help investors to determine whether Foods 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 Foods with respect to the benefits of owning Foods Inns security.