Mahindra Mahindra (UK) Market Value
| MHID Stock | USD 35.50 0.30 0.84% |
| Symbol | Mahindra |
Mahindra Mahindra Price To Book Ratio
Mahindra 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 Mahindra 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 Mahindra Mahindra.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Mahindra Mahindra on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mahindra Mahindra Limited or generate 0.0% return on investment in Mahindra Mahindra over 30 days. Mahindra Mahindra is related to or competes with Larsen Toubro, State Bank, Reliance Industries, Axis Bank, and Tata Steel. Mahindra Mahindra is entity of United Kingdom More
Mahindra 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 Mahindra 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 Mahindra Mahindra Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.0046 | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.35 |
Mahindra Mahindra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mahindra Mahindra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mahindra Mahindra's standard deviation. In reality, there are many statistical measures that can use Mahindra Mahindra historical prices to predict the future Mahindra Mahindra's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.0985 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.8112 |
Mahindra Mahindra Backtested Returns
As of now, Mahindra Stock is very steady. Mahindra Mahindra has Sharpe Ratio of 0.0778, which conveys that the firm had a 0.0778% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mahindra Mahindra, which you can use to evaluate the volatility of the firm. Please verify Mahindra Mahindra's Risk Adjusted Performance of 0.0514, downside deviation of 2.11, and Mean Deviation of 1.64 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Mahindra Mahindra has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mahindra Mahindra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mahindra Mahindra is expected to be smaller as well. Mahindra Mahindra right now secures a risk of 2.08%. Please verify Mahindra Mahindra Limited coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Mahindra Mahindra Limited will be following its current price movements.
Auto-correlation | 0.43 |
Average predictability
Mahindra Mahindra Limited has average predictability. Overlapping area represents the amount of predictability between Mahindra Mahindra 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 Mahindra Mahindra price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Mahindra Mahindra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Mahindra Mahindra lagged returns against current returns
Autocorrelation, which is Mahindra 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 Mahindra Mahindra's stock expected returns. We can calculate the autocorrelation of Mahindra Mahindra returns to help us make a trade decision. For example, suppose you find that Mahindra 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 |
Mahindra 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 Mahindra Mahindra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mahindra Mahindra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mahindra Mahindra stock over time.
Current vs Lagged Prices |
| Timeline |
Mahindra Mahindra Lagged Returns
When evaluating Mahindra Mahindra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mahindra Mahindra stock have on its future price. Mahindra 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, Mahindra Mahindra autocorrelation shows the relationship between Mahindra Mahindra stock current value and its past values and can show if there is a momentum factor associated with investing in Mahindra Mahindra Limited.
Regressed Prices |
| Timeline |
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Mahindra Mahindra financial ratios help investors to determine whether Mahindra 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 Mahindra with respect to the benefits of owning Mahindra Mahindra security.