Sri Havisha (India) Market Value
| HAVISHA Stock | 2.44 0.03 1.24% |
| Symbol | Sri |
Sri Havisha '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 Sri Havisha'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 Sri Havisha.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sri Havisha on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sri Havisha Hospitality or generate 0.0% return on investment in Sri Havisha over 30 days. Sri Havisha is related to or competes with Kingfa Science, GTL, Indo Amines, Delta Manufacturing, EID Parry, Lakshmi Precision, and Parag Milk. Sri Havisha is entity of India. It is traded as Stock on NSE exchange. More
Sri Havisha 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 Sri Havisha'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 Sri Havisha Hospitality upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 30.08 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 4.44 |
Sri Havisha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sri Havisha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sri Havisha's standard deviation. In reality, there are many statistical measures that can use Sri Havisha historical prices to predict the future Sri Havisha's volatility.| Risk Adjusted Performance | 0.0285 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0989 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sri Havisha'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.
Sri Havisha Hospitality Backtested Returns
At this point, Sri Havisha is very risky. Sri Havisha Hospitality owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0315, which indicates the firm had a 0.0315% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sri Havisha Hospitality, which you can use to evaluate the volatility of the company. Please validate Sri Havisha's Semi Deviation of 2.84, coefficient of variation of 3795.4, and Risk Adjusted Performance of 0.0285 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sri Havisha has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Sri Havisha returns are very sensitive to returns on the market. As the market goes up or down, Sri Havisha is expected to follow. Sri Havisha Hospitality right now has a risk of 4.62%. Please validate Sri Havisha potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Sri Havisha will be following its existing price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
Sri Havisha Hospitality has excellent reverse predictability. Overlapping area represents the amount of predictability between Sri Havisha 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 Sri Havisha Hospitality price movement. The serial correlation of -0.81 indicates that around 81.0% of current Sri Havisha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sri Havisha Hospitality lagged returns against current returns
Autocorrelation, which is Sri Havisha 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 Sri Havisha's stock expected returns. We can calculate the autocorrelation of Sri Havisha returns to help us make a trade decision. For example, suppose you find that Sri Havisha 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 |
Sri Havisha 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 Sri Havisha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sri Havisha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sri Havisha stock over time.
Current vs Lagged Prices |
| Timeline |
Sri Havisha Lagged Returns
When evaluating Sri Havisha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sri Havisha stock have on its future price. Sri Havisha 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, Sri Havisha autocorrelation shows the relationship between Sri Havisha stock current value and its past values and can show if there is a momentum factor associated with investing in Sri Havisha Hospitality.
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 Sri Stock
Sri Havisha financial ratios help investors to determine whether Sri 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 Sri with respect to the benefits of owning Sri Havisha security.