Karur Vysya (India) Market Value
| KARURVYSYA | 238.70 3.80 1.57% |
| Symbol | Karur |
Karur Vysya '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 Karur Vysya'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 Karur Vysya.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Karur Vysya on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Karur Vysya Bank or generate 0.0% return on investment in Karur Vysya over 30 days. Karur Vysya is related to or competes with Yes Bank, Indian Oil, Indo Borax, Kingfa Science, Alkali Metals, Krebs Biochemicals, and KNR Constructions. Karur Vysya is entity of India. It is traded as Stock on NSE exchange. More
Karur Vysya 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 Karur Vysya'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 Karur Vysya Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0195 | |||
| Maximum Drawdown | 8.51 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 4.12 |
Karur Vysya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Karur Vysya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Karur Vysya's standard deviation. In reality, there are many statistical measures that can use Karur Vysya historical prices to predict the future Karur Vysya's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.189 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0217 | |||
| Treynor Ratio | (0.46) |
Karur Vysya Bank Backtested Returns
At this stage we consider Karur Stock to be very steady. Karur Vysya Bank has Sharpe Ratio of 0.0776, which conveys that the firm had a 0.0776% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Karur Vysya, which you can use to evaluate the volatility of the firm. Please verify Karur Vysya's Downside Deviation of 1.71, risk adjusted performance of 0.0673, and Mean Deviation of 1.42 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Karur Vysya has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Karur Vysya are expected to decrease at a much lower rate. During the bear market, Karur Vysya is likely to outperform the market. Karur Vysya Bank right now secures a risk of 1.93%. Please verify Karur Vysya Bank potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Karur Vysya Bank will be following its current price movements.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Karur Vysya Bank has insignificant reverse predictability. Overlapping area represents the amount of predictability between Karur Vysya time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Karur Vysya Bank price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Karur Vysya price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 16.57 |
Karur Vysya Bank lagged returns against current returns
Autocorrelation, which is Karur Vysya 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 Karur Vysya's stock expected returns. We can calculate the autocorrelation of Karur Vysya returns to help us make a trade decision. For example, suppose you find that Karur Vysya 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 |
Karur Vysya 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 Karur Vysya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Karur Vysya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Karur Vysya stock over time.
Current vs Lagged Prices |
| Timeline |
Karur Vysya Lagged Returns
When evaluating Karur Vysya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Karur Vysya stock have on its future price. Karur Vysya 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, Karur Vysya autocorrelation shows the relationship between Karur Vysya stock current value and its past values and can show if there is a momentum factor associated with investing in Karur Vysya Bank.
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 Karur Stock Analysis
When running Karur Vysya's price analysis, check to measure Karur Vysya's 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 Karur Vysya is operating at the current time. Most of Karur Vysya's value examination focuses on studying past and present price action to predict the probability of Karur Vysya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karur Vysya's price. Additionally, you may evaluate how the addition of Karur Vysya to your portfolios can decrease your overall portfolio volatility.