Indian Energy (India) Market Value
| IEX Stock | 176.19 1.10 0.63% |
| Symbol | Indian |
Indian Energy '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 Indian Energy'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 Indian Energy.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Indian Energy on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Indian Energy Exchange or generate 0.0% return on investment in Indian Energy over 360 days. Indian Energy is related to or competes with Nalwa Sons, Kalyani Investment, Pilani Investment, Vardhman Holdings, and Summit Securities. Indian Energy is entity of India. It is traded as Stock on NSE exchange. More
Indian Energy 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 Indian Energy'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 Indian Energy Exchange upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.04 |
Indian Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indian Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indian Energy's standard deviation. In reality, there are many statistical measures that can use Indian Energy historical prices to predict the future Indian Energy's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (1.96) |
Indian Energy Exchange Backtested Returns
Indian Energy Exchange holds Efficiency (Sharpe) Ratio of -0.0836, which attests that the entity had a -0.0836% return per unit of risk over the last 3 months. Indian Energy Exchange exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indian Energy's Risk Adjusted Performance of (0.04), market risk adjusted performance of (1.95), and Standard Deviation of 2.35 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0724, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indian Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indian Energy is expected to be smaller as well. At this point, Indian Energy Exchange has a negative expected return of -0.2%. Please make sure to check out Indian Energy's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Indian Energy Exchange performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Indian Energy Exchange has good reverse predictability. Overlapping area represents the amount of predictability between Indian Energy time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Indian Energy Exchange price movement. The serial correlation of -0.53 indicates that about 53.0% of current Indian Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 302.07 |
Indian Energy Exchange lagged returns against current returns
Autocorrelation, which is Indian Energy 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 Indian Energy's stock expected returns. We can calculate the autocorrelation of Indian Energy returns to help us make a trade decision. For example, suppose you find that Indian Energy 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 |
Indian Energy 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 Indian Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indian Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indian Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Indian Energy Lagged Returns
When evaluating Indian Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indian Energy stock have on its future price. Indian Energy 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, Indian Energy autocorrelation shows the relationship between Indian Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Indian Energy Exchange.
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 Indian Stock
Indian Energy financial ratios help investors to determine whether Indian 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 Indian with respect to the benefits of owning Indian Energy security.