Iris Clothings (India) Market Value
| IRISDOREME | 47.80 0.96 1.97% |
| Symbol | Iris |
Iris Clothings '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 Iris Clothings' 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 Iris Clothings.
| 12/29/2024 |
| 02/27/2025 |
If you would invest 0.00 in Iris Clothings on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Iris Clothings Limited or generate 0.0% return on investment in Iris Clothings over 60 days. Iris Clothings is related to or competes with Radiant Cash, 21st Century, Global Health, Procter Gamble, Vertoz Advertising, UTI Asset, and General Insurance. Iris Clothings is entity of India. It is traded as Stock on NSE exchange. More
Iris Clothings 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 Iris Clothings' 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 Iris Clothings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.6 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 2.92 |
Iris Clothings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iris Clothings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iris Clothings' standard deviation. In reality, there are many statistical measures that can use Iris Clothings historical prices to predict the future Iris Clothings' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iris Clothings' 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.
Iris Clothings Backtested Returns
Iris Clothings holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2 % return per unit of risk over the last 3 months. Iris Clothings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iris Clothings' Market Risk Adjusted Performance of (0.59), risk adjusted performance of (0.13), and Standard Deviation of 2.13 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iris Clothings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Iris Clothings is expected to be smaller as well. At this point, Iris Clothings has a negative expected return of -0.44%. Please make sure to check out Iris Clothings' kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Iris Clothings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Iris Clothings Limited has average predictability. Overlapping area represents the amount of predictability between Iris Clothings time series from 29th of December 2024 to 28th of January 2025 and 28th of January 2025 to 27th of February 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 Iris Clothings price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Iris Clothings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 18.76 |
Iris Clothings lagged returns against current returns
Autocorrelation, which is Iris Clothings 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 Iris Clothings' stock expected returns. We can calculate the autocorrelation of Iris Clothings returns to help us make a trade decision. For example, suppose you find that Iris Clothings 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 |
Iris Clothings 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 Iris Clothings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iris Clothings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iris Clothings stock over time.
Current vs Lagged Prices |
| Timeline |
Iris Clothings Lagged Returns
When evaluating Iris Clothings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iris Clothings stock have on its future price. Iris Clothings 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, Iris Clothings autocorrelation shows the relationship between Iris Clothings stock current value and its past values and can show if there is a momentum factor associated with investing in Iris Clothings 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.Additional Tools for Iris Stock Analysis
When running Iris Clothings' price analysis, check to measure Iris Clothings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iris Clothings is operating at the current time. Most of Iris Clothings' value examination focuses on studying past and present price action to predict the probability of Iris Clothings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iris Clothings' price. Additionally, you may evaluate how the addition of Iris Clothings to your portfolios can decrease your overall portfolio volatility.