Indo Amines (India) Market Value
| INDOAMIN | 122.76 16.06 15.05% |
| Symbol | Indo |
Indo Amines '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 Indo Amines' 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 Indo Amines.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Indo Amines on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Indo Amines Limited or generate 0.0% return on investment in Indo Amines over 90 days. Indo Amines is related to or competes with ICICI Bank, Omkar Speciality, TECIL Chemicals, UCO Bank, Keynote Financial, and Karur Vysya. More
Indo Amines 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 Indo Amines' 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 Indo Amines Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 4.48 |
Indo Amines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indo Amines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indo Amines' standard deviation. In reality, there are many statistical measures that can use Indo Amines historical prices to predict the future Indo Amines' volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 3.27 |
Indo Amines Limited Backtested Returns
Indo Amines Limited holds Efficiency (Sharpe) Ratio of -0.29, which attests that the entity had a -0.29 % return per unit of risk over the last 3 months. Indo Amines Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indo Amines' Standard Deviation of 3.14, market risk adjusted performance of 3.28, and Risk Adjusted Performance of (0.24) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Indo Amines are expected to decrease at a much lower rate. During the bear market, Indo Amines is likely to outperform the market. At this point, Indo Amines Limited has a negative expected return of -0.9%. Please make sure to check out Indo Amines' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Indo Amines Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
Indo Amines Limited has very good predictability. Overlapping area represents the amount of predictability between Indo Amines time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Indo Amines Limited price movement. The serial correlation of 0.84 indicates that around 84.0% of current Indo Amines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 152.32 |
Indo Amines Limited lagged returns against current returns
Autocorrelation, which is Indo Amines 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 Indo Amines' stock expected returns. We can calculate the autocorrelation of Indo Amines returns to help us make a trade decision. For example, suppose you find that Indo Amines 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 |
Indo Amines 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 Indo Amines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indo Amines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indo Amines stock over time.
Current vs Lagged Prices |
| Timeline |
Indo Amines Lagged Returns
When evaluating Indo Amines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indo Amines stock have on its future price. Indo Amines 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, Indo Amines autocorrelation shows the relationship between Indo Amines stock current value and its past values and can show if there is a momentum factor associated with investing in Indo Amines 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 Indo Stock
Indo Amines financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Amines security.