ADHI KARYA (Germany) Market Value
| KM6 Stock | 0.01 0.0005 5.26% |
| 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.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in ADHI KARYA on November 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 Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. 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 | (0.16) | |||
| Maximum Drawdown | 13.33 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.55 |
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 | (0.11) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ADHI KARYA's 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.
ADHI KARYA Backtested Returns
ADHI KARYA secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% 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 Standard Deviation of 3.01, mean deviation of 2.19, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. ADHI KARYA returns are very sensitive to returns on the market. As the market goes up or down, ADHI KARYA is expected to follow. At this point, ADHI KARYA has a negative expected return of -0.46%. Please make sure to confirm ADHI KARYA's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if ADHI KARYA performance from the past will be repeated at some future date.
Auto-correlation | 0.77 |
Good predictability
ADHI KARYA has good predictability. Overlapping area represents the amount of predictability between ADHI KARYA time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 ADHI KARYA price movement. The serial correlation of 0.77 indicates that around 77.0% of current ADHI KARYA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.48 | |
| 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 |
Thematic Opportunities
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Additional Tools for ADHI Stock Analysis
When running ADHI KARYA's price analysis, check to measure ADHI KARYA'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 ADHI KARYA is operating at the current time. Most of ADHI KARYA's value examination focuses on studying past and present price action to predict the probability of ADHI KARYA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADHI KARYA's price. Additionally, you may evaluate how the addition of ADHI KARYA to your portfolios can decrease your overall portfolio volatility.