HT Media (India) Market Value
| HTMEDIA Stock | 23.60 0.34 1.46% |
| Symbol | HTMEDIA |
HT Media '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 HT Media'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 HT Media.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in HT Media on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding HT Media Limited or generate 0.0% return on investment in HT Media over 540 days. HT Media is related to or competes with ADF Foods, Le Travenues, Bikaji Foods, Nucleus Software, Cambridge Technology, and Sintex Plastics. HT Media is entity of India. It is traded as Stock on NSE exchange. More
HT Media 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 HT Media'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 HT Media Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.99 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 4.42 |
HT Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HT Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HT Media's standard deviation. In reality, there are many statistical measures that can use HT Media historical prices to predict the future HT Media's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HT Media'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.
HT Media Limited Backtested Returns
HT Media Limited retains Efficiency (Sharpe Ratio) of -0.0243, which attests that the entity had a -0.0243% return per unit of price deviation over the last 3 months. HT Media exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HT Media's Information Ratio of (0.09), market risk adjusted performance of (0.16), and Coefficient Of Variation of (2,405) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HT Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding HT Media is expected to be smaller as well. At this point, HT Media Limited has a negative expected return of -0.0665%. Please make sure to check out HT Media's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if HT Media Limited performance from the past will be repeated sooner or later.
Auto-correlation | -0.6 |
Good reverse predictability
HT Media Limited has good reverse predictability. Overlapping area represents the amount of predictability between HT Media time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 HT Media Limited price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current HT Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 2.66 |
HT Media Limited lagged returns against current returns
Autocorrelation, which is HT Media 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 HT Media's stock expected returns. We can calculate the autocorrelation of HT Media returns to help us make a trade decision. For example, suppose you find that HT Media 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 |
HT Media 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 HT Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HT Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HT Media stock over time.
Current vs Lagged Prices |
| Timeline |
HT Media Lagged Returns
When evaluating HT Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HT Media stock have on its future price. HT Media 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, HT Media autocorrelation shows the relationship between HT Media stock current value and its past values and can show if there is a momentum factor associated with investing in HT Media 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 HTMEDIA Stock
HT Media financial ratios help investors to determine whether HTMEDIA 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 HTMEDIA with respect to the benefits of owning HT Media security.