Garuda Construction (India) Market Value
| GARUDA Stock | 109.46 8.18 8.08% |
| Symbol | Garuda |
Garuda Construction '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 Garuda Construction'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 Garuda Construction.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Garuda Construction on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Garuda Construction Engineering or generate 0.0% return on investment in Garuda Construction over 90 days. Garuda Construction is related to or competes with United Breweries, ZF Commercial, Associated Alcohols, Tata Communications, Iris Clothings, Som Distilleries, and One 97. Garuda Construction is entity of India. It is traded as Stock on NSE exchange. More
Garuda Construction 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 Garuda Construction'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 Garuda Construction Engineering upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.17 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 21.08 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 8.51 |
Garuda Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Garuda Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Garuda Construction's standard deviation. In reality, there are many statistical measures that can use Garuda Construction historical prices to predict the future Garuda Construction's volatility.| Risk Adjusted Performance | 0.0585 | |||
| Jensen Alpha | 0.1624 | |||
| Total Risk Alpha | 0.7285 | |||
| Sortino Ratio | 0.0815 | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Garuda Construction'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.
Garuda Construction Backtested Returns
At this point, Garuda Construction is very steady. Garuda Construction holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Garuda Construction, which you can use to evaluate the volatility of the firm. Please check out Garuda Construction's Downside Deviation of 4.17, risk adjusted performance of 0.0585, and Market Risk Adjusted Performance of (0.28) to validate if the risk estimate we provide is consistent with the expected return of 0.0202%. The company retains a Market Volatility (i.e., Beta) of -0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Garuda Construction are expected to decrease at a much lower rate. During the bear market, Garuda Construction is likely to outperform the market. Garuda Construction right now retains a risk of 4.26%. Please check out Garuda Construction maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Garuda Construction will be following its current trending patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Garuda Construction Engineering has good reverse predictability. Overlapping area represents the amount of predictability between Garuda Construction time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Garuda Construction price movement. The serial correlation of -0.54 indicates that about 54.0% of current Garuda Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 72.59 |
Garuda Construction lagged returns against current returns
Autocorrelation, which is Garuda Construction 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 Garuda Construction's stock expected returns. We can calculate the autocorrelation of Garuda Construction returns to help us make a trade decision. For example, suppose you find that Garuda Construction 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 |
Garuda Construction 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 Garuda Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Garuda Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Garuda Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Garuda Construction Lagged Returns
When evaluating Garuda Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Garuda Construction stock have on its future price. Garuda Construction 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, Garuda Construction autocorrelation shows the relationship between Garuda Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Garuda Construction Engineering.
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 Garuda Stock
Garuda Construction financial ratios help investors to determine whether Garuda 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 Garuda with respect to the benefits of owning Garuda Construction security.