ADHI KARYA (Germany) Market Value
| KM6 Stock | EUR 0.02 0.0005 2.86% |
| Symbol | ADHI |
ADHI KARYA '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 ADHI KARYA'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 ADHI KARYA.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in ADHI KARYA on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding ADHI KARYA or generate 0.0% return on investment in ADHI KARYA over 30 days. ADHI KARYA is related to or competes with Pentair Plc, Strategic Education, Corsair Gaming, Adtalem Global, SOGECLAIR, DELTA AIR, and Laureate Education. More
ADHI KARYA 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 ADHI KARYA'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 ADHI KARYA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 24.29 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 5.88 |
ADHI KARYA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADHI KARYA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADHI KARYA's standard deviation. In reality, there are many statistical measures that can use ADHI KARYA historical prices to predict the future ADHI KARYA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.6324 |
ADHI KARYA Backtested Returns
ADHI KARYA secures Sharpe Ratio (or Efficiency) of -0.0543, which signifies that the company had a -0.0543 % return per unit of risk over the last 3 months. ADHI KARYA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADHI KARYA's Risk Adjusted Performance of (0.04), mean deviation of 2.57, and Standard Deviation of 4.63 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ADHI KARYA are expected to decrease at a much lower rate. During the bear market, ADHI KARYA is likely to outperform the market. At this point, ADHI KARYA has a negative expected return of -0.25%. Please make sure to confirm ADHI KARYA's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if ADHI KARYA performance from the past will be repeated at some future date.
Auto-correlation | -0.12 |
Insignificant reverse predictability
ADHI KARYA has insignificant reverse predictability. Overlapping area represents the amount of predictability between ADHI KARYA time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 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 ADHI KARYA price movement. The serial correlation of -0.12 indicates that less than 12.0% of current ADHI KARYA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ADHI KARYA lagged returns against current returns
Autocorrelation, which is ADHI KARYA 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 ADHI KARYA's stock expected returns. We can calculate the autocorrelation of ADHI KARYA returns to help us make a trade decision. For example, suppose you find that ADHI KARYA 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 |
ADHI KARYA 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 ADHI KARYA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADHI KARYA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADHI KARYA stock over time.
Current vs Lagged Prices |
| Timeline |
ADHI KARYA Lagged Returns
When evaluating ADHI KARYA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADHI KARYA stock have on its future price. ADHI KARYA 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, ADHI KARYA autocorrelation shows the relationship between ADHI KARYA stock current value and its past values and can show if there is a momentum factor associated with investing in ADHI KARYA.
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 ADHI Stock
ADHI KARYA financial ratios help investors to determine whether ADHI 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 ADHI with respect to the benefits of owning ADHI KARYA security.