Lakshmi Finance (India) Market Value
| LFIC Stock | 165.84 5.62 3.28% |
| Symbol | Lakshmi |
Lakshmi Finance '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 Lakshmi Finance'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 Lakshmi Finance.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Lakshmi Finance on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Lakshmi Finance Industrial or generate 0.0% return on investment in Lakshmi Finance over 90 days. Lakshmi Finance is related to or competes with Praxis Home, Data Patterns, Shivalik Bimetal, Akme Fintrade, Cartrade Tech, Hisar Metal, and Silgo Retail. Lakshmi Finance is entity of India. It is traded as Stock on NSE exchange. More
Lakshmi Finance 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 Lakshmi Finance'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 Lakshmi Finance Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.37 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 5.71 |
Lakshmi Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lakshmi Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lakshmi Finance's standard deviation. In reality, there are many statistical measures that can use Lakshmi Finance historical prices to predict the future Lakshmi Finance's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.45 |
Lakshmi Finance Indu Backtested Returns
Lakshmi Finance Indu has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of risk over the last 3 months. Lakshmi Finance exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lakshmi Finance's Standard Deviation of 3.41, mean deviation of 2.38, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide. 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, returns on owning Lakshmi Finance are expected to decrease at a much lower rate. During the bear market, Lakshmi Finance is likely to outperform the market. At this point, Lakshmi Finance Indu has a negative expected return of -0.52%. Please make sure to verify Lakshmi Finance's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Lakshmi Finance Indu performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Lakshmi Finance Industrial has modest predictability. Overlapping area represents the amount of predictability between Lakshmi Finance time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Lakshmi Finance Indu price movement. The serial correlation of 0.52 indicates that about 52.0% of current Lakshmi Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 282.85 |
Lakshmi Finance Indu lagged returns against current returns
Autocorrelation, which is Lakshmi Finance 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 Lakshmi Finance's stock expected returns. We can calculate the autocorrelation of Lakshmi Finance returns to help us make a trade decision. For example, suppose you find that Lakshmi Finance 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 |
Lakshmi Finance 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 Lakshmi Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lakshmi Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lakshmi Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Lakshmi Finance Lagged Returns
When evaluating Lakshmi Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lakshmi Finance stock have on its future price. Lakshmi Finance 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, Lakshmi Finance autocorrelation shows the relationship between Lakshmi Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Lakshmi Finance Industrial.
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 Lakshmi Stock Analysis
When running Lakshmi Finance's price analysis, check to measure Lakshmi Finance'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 Lakshmi Finance is operating at the current time. Most of Lakshmi Finance's value examination focuses on studying past and present price action to predict the probability of Lakshmi Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lakshmi Finance's price. Additionally, you may evaluate how the addition of Lakshmi Finance to your portfolios can decrease your overall portfolio volatility.