Mcleod Russel's market value is the price at which a share of Mcleod Russel trades on a public exchange. It measures the collective expectations of Mcleod Russel India investors about its performance. Mcleod Russel is selling at 45.10 as of the 8th of January 2025; that is 4.98 percent increase since the beginning of the trading day. The stock's lowest day price was 42.05. With this module, you can estimate the performance of a buy and hold strategy of Mcleod Russel India and determine expected loss or profit from investing in Mcleod Russel over a given investment horizon. Check out Mcleod Russel Correlation, Mcleod Russel Volatility and Mcleod Russel Alpha and Beta module to complement your research on Mcleod Russel.
Please note, there is a significant difference between Mcleod Russel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mcleod Russel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mcleod Russel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Mcleod Russel '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 Mcleod Russel'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 Mcleod Russel.
0.00
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/08/2025
0.00
If you would invest 0.00 in Mcleod Russel on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Mcleod Russel India or generate 0.0% return on investment in Mcleod Russel over 720 days. Mcleod Russel is related to or competes with Tata Consultancy, Quess Corp, Reliance Industries, Infosys, SIS, Wipro, and State Bank. Mcleod Russel is entity of India. It is traded as Stock on NSE exchange. More
Mcleod Russel 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 Mcleod Russel'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 Mcleod Russel India upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mcleod Russel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mcleod Russel's standard deviation. In reality, there are many statistical measures that can use Mcleod Russel historical prices to predict the future Mcleod Russel's volatility.
Mcleod Russel appears to be very steady, given 3 months investment horizon. Mcleod Russel India 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. By analyzing Mcleod Russel's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Mcleod Russel's Mean Deviation of 3.32, downside deviation of 3.56, and Risk Adjusted Performance of 0.0935 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mcleod Russel holds a performance score of 11. The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mcleod Russel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mcleod Russel is expected to be smaller as well. Please check Mcleod Russel's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Mcleod Russel's current price movements will revert.
Auto-correlation
0.56
Modest predictability
Mcleod Russel India has modest predictability. Overlapping area represents the amount of predictability between Mcleod Russel time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Mcleod Russel India price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Mcleod Russel price fluctuation can be explain by its past prices.
Correlation Coefficient
0.56
Spearman Rank Test
0.28
Residual Average
0.0
Price Variance
40.65
Mcleod Russel India lagged returns against current returns
Autocorrelation, which is Mcleod Russel 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 Mcleod Russel's stock expected returns. We can calculate the autocorrelation of Mcleod Russel returns to help us make a trade decision. For example, suppose you find that Mcleod Russel 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
Mcleod Russel 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 Mcleod Russel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mcleod Russel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mcleod Russel stock over time.
Current vs Lagged Prices
Timeline
Mcleod Russel Lagged Returns
When evaluating Mcleod Russel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mcleod Russel stock have on its future price. Mcleod Russel 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, Mcleod Russel autocorrelation shows the relationship between Mcleod Russel stock current value and its past values and can show if there is a momentum factor associated with investing in Mcleod Russel India.
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.
When running Mcleod Russel's price analysis, check to measure Mcleod Russel'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 Mcleod Russel is operating at the current time. Most of Mcleod Russel's value examination focuses on studying past and present price action to predict the probability of Mcleod Russel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mcleod Russel's price. Additionally, you may evaluate how the addition of Mcleod Russel to your portfolios can decrease your overall portfolio volatility.