Kotak Mahindra (India) Market Value
| KOTAKBANK | 1,806 32.65 1.84% |
| Symbol | Kotak |
Kotak Mahindra '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 Kotak Mahindra'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 Kotak Mahindra.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Kotak Mahindra on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Kotak Mahindra Bank or generate 0.0% return on investment in Kotak Mahindra over 720 days. Kotak Mahindra is related to or competes with Reliance Industries, State Bank, Oil Natural, and ICICI Bank. Kotak Mahindra is entity of India. It is traded as Stock on NSE exchange. More
Kotak Mahindra 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 Kotak Mahindra'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 Kotak Mahindra Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.84 |
Kotak Mahindra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kotak Mahindra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kotak Mahindra's standard deviation. In reality, there are many statistical measures that can use Kotak Mahindra historical prices to predict the future Kotak Mahindra's volatility.| Risk Adjusted Performance | 0.0166 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0375 |
Kotak Mahindra Bank Backtested Returns
Kotak Mahindra Bank has Sharpe Ratio of -0.0104, which conveys that the firm had a -0.0104% return per unit of risk over the last 3 months. Kotak Mahindra exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kotak Mahindra's Risk Adjusted Performance of 0.0166, downside deviation of 1.29, and Mean Deviation of 0.9189 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kotak Mahindra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kotak Mahindra is expected to be smaller as well. At this point, Kotak Mahindra Bank has a negative expected return of -0.013%. Please make sure to verify Kotak Mahindra's expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Kotak Mahindra Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Kotak Mahindra Bank has weak reverse predictability. Overlapping area represents the amount of predictability between Kotak Mahindra time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Kotak Mahindra Bank price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Kotak Mahindra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 4144.88 |
Kotak Mahindra Bank lagged returns against current returns
Autocorrelation, which is Kotak Mahindra 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 Kotak Mahindra's stock expected returns. We can calculate the autocorrelation of Kotak Mahindra returns to help us make a trade decision. For example, suppose you find that Kotak Mahindra 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 |
Kotak Mahindra 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 Kotak Mahindra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kotak Mahindra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kotak Mahindra stock over time.
Current vs Lagged Prices |
| Timeline |
Kotak Mahindra Lagged Returns
When evaluating Kotak Mahindra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kotak Mahindra stock have on its future price. Kotak Mahindra 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, Kotak Mahindra autocorrelation shows the relationship between Kotak Mahindra stock current value and its past values and can show if there is a momentum factor associated with investing in Kotak Mahindra 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.Other Information on Investing in Kotak Stock
Kotak Mahindra financial ratios help investors to determine whether Kotak 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 Kotak with respect to the benefits of owning Kotak Mahindra security.