Landmark Cars (India) Market Value
| LANDMARK | 680.05 20.60 3.12% |
| Symbol | Landmark |
Landmark Cars '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 Landmark Cars' 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 Landmark Cars.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Landmark Cars on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Landmark Cars Limited or generate 0.0% return on investment in Landmark Cars over 30 days. Landmark Cars is related to or competes with Tamilnadu Telecommunicatio, LT Foods, Heritage Foods, Agro Tech, Coffee Day, Transport, and Kohinoor Foods. Landmark Cars is entity of India. It is traded as Stock on NSE exchange. More
Landmark Cars 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 Landmark Cars' 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 Landmark Cars Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 8.59 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 3.33 |
Landmark Cars Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Landmark Cars' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Landmark Cars' standard deviation. In reality, there are many statistical measures that can use Landmark Cars historical prices to predict the future Landmark Cars' volatility.| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.611 |
Landmark Cars Limited Backtested Returns
Currently, Landmark Cars Limited is very steady. Landmark Cars Limited has Sharpe Ratio of 0.091, which conveys that the firm had a 0.091% return per unit of risk over the last 3 months. We have found thirty technical indicators for Landmark Cars, which you can use to evaluate the volatility of the firm. Please verify Landmark Cars' Downside Deviation of 1.97, risk adjusted performance of 0.0915, and Mean Deviation of 1.54 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. Landmark Cars has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Landmark Cars' returns are expected to increase less than the market. However, during the bear market, the loss of holding Landmark Cars is expected to be smaller as well. Landmark Cars Limited right now secures a risk of 1.91%. Please verify Landmark Cars Limited treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Landmark Cars Limited will be following its current price movements.
Auto-correlation | -0.53 |
Good reverse predictability
Landmark Cars Limited has good reverse predictability. Overlapping area represents the amount of predictability between Landmark Cars time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Landmark Cars Limited price movement. The serial correlation of -0.53 indicates that about 53.0% of current Landmark Cars price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 240.36 |
Landmark Cars Limited lagged returns against current returns
Autocorrelation, which is Landmark Cars 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 Landmark Cars' stock expected returns. We can calculate the autocorrelation of Landmark Cars returns to help us make a trade decision. For example, suppose you find that Landmark Cars 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 |
Landmark Cars 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 Landmark Cars stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Landmark Cars stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Landmark Cars stock over time.
Current vs Lagged Prices |
| Timeline |
Landmark Cars Lagged Returns
When evaluating Landmark Cars' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Landmark Cars stock have on its future price. Landmark Cars 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, Landmark Cars autocorrelation shows the relationship between Landmark Cars stock current value and its past values and can show if there is a momentum factor associated with investing in Landmark Cars Limited.
Regressed Prices |
| Timeline |
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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 Landmark Stock Analysis
When running Landmark Cars' price analysis, check to measure Landmark Cars' 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 Landmark Cars is operating at the current time. Most of Landmark Cars' value examination focuses on studying past and present price action to predict the probability of Landmark Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landmark Cars' price. Additionally, you may evaluate how the addition of Landmark Cars to your portfolios can decrease your overall portfolio volatility.