Hybrid Financial (India) Market Value
| HYBRIDFIN | 12.53 0.24 1.95% |
| Symbol | Hybrid |
Hybrid Financial '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 Hybrid Financial'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 Hybrid Financial.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Hybrid Financial on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Hybrid Financial Services or generate 0.0% return on investment in Hybrid Financial over 30 days. Hybrid Financial is related to or competes with Diligent Media, Silly Monks, Kalyani Investment, Tata Investment, Investment Trust, and Shemaroo Entertainment. Hybrid Financial is entity of India. It is traded as Stock on NSE exchange. More
Hybrid Financial 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 Hybrid Financial'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 Hybrid Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 4.79 |
Hybrid Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hybrid Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hybrid Financial's standard deviation. In reality, there are many statistical measures that can use Hybrid Financial historical prices to predict the future Hybrid Financial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.1786 |
Hybrid Financial Services Backtested Returns
Hybrid Financial Services holds Efficiency (Sharpe) Ratio of -0.0718, which attests that the entity had a -0.0718% return per unit of risk over the last 3 months. Hybrid Financial Services exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hybrid Financial's Standard Deviation of 2.82, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.1886 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hybrid Financial are expected to decrease at a much lower rate. During the bear market, Hybrid Financial is likely to outperform the market. At this point, Hybrid Financial Services has a negative expected return of -0.19%. Please make sure to check out Hybrid Financial's information ratio, as well as the relationship between the skewness and day typical price , to decide if Hybrid Financial Services performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Hybrid Financial Services has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hybrid Financial 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 Hybrid Financial Services price movement. The serial correlation of -0.79 indicates that around 79.0% of current Hybrid Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Hybrid Financial Services lagged returns against current returns
Autocorrelation, which is Hybrid Financial 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 Hybrid Financial's stock expected returns. We can calculate the autocorrelation of Hybrid Financial returns to help us make a trade decision. For example, suppose you find that Hybrid Financial 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 |
Hybrid Financial 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 Hybrid Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hybrid Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hybrid Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Hybrid Financial Lagged Returns
When evaluating Hybrid Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hybrid Financial stock have on its future price. Hybrid Financial 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, Hybrid Financial autocorrelation shows the relationship between Hybrid Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Hybrid Financial Services.
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 Hybrid Stock
Hybrid Financial financial ratios help investors to determine whether Hybrid 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 Hybrid with respect to the benefits of owning Hybrid Financial security.