Moksh Ornaments' market value is the price at which a share of Moksh Ornaments trades on a public exchange. It measures the collective expectations of Moksh Ornaments Limited investors about its performance. Moksh Ornaments is selling at 20.60 as of the 4th of January 2025; that is 9.98 percent increase since the beginning of the trading day. The stock's open price was 18.73. With this module, you can estimate the performance of a buy and hold strategy of Moksh Ornaments Limited and determine expected loss or profit from investing in Moksh Ornaments over a given investment horizon. Check out Moksh Ornaments Correlation, Moksh Ornaments Volatility and Moksh Ornaments Alpha and Beta module to complement your research on Moksh Ornaments.
Please note, there is a significant difference between Moksh Ornaments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Moksh Ornaments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Moksh Ornaments' 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.
Moksh Ornaments '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 Moksh Ornaments' 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 Moksh Ornaments.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Moksh Ornaments on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Moksh Ornaments Limited or generate 0.0% return on investment in Moksh Ornaments over 60 days. Moksh Ornaments is related to or competes with Dev Information, Sonata Software, Cambridge Technology, Transport, Compucom Software, Computer Age, and Selan Exploration. Moksh Ornaments is entity of India. It is traded as Stock on NSE exchange. More
Moksh Ornaments 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 Moksh Ornaments' 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 Moksh Ornaments Limited 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 Moksh Ornaments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Moksh Ornaments' standard deviation. In reality, there are many statistical measures that can use Moksh Ornaments historical prices to predict the future Moksh Ornaments' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Moksh Ornaments. Your research has to be compared to or analyzed against Moksh Ornaments' peers to derive any actionable benefits. When done correctly, Moksh Ornaments' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Moksh Ornaments.
Moksh Ornaments Backtested Returns
Moksh Ornaments appears to be not too volatile, given 3 months investment horizon. Moksh Ornaments has Sharpe Ratio of 0.0604, which conveys that the firm had a 0.0604% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Moksh Ornaments, which you can use to evaluate the volatility of the firm. Please exercise Moksh Ornaments' insignificant Risk Adjusted Performance, standard deviation of 3.74, and Mean Deviation of 2.56 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Moksh Ornaments holds a performance score of 4. The company secures a Beta (Market Risk) of 1.05, which conveys a somewhat significant risk relative to the market. Moksh Ornaments returns are very sensitive to returns on the market. As the market goes up or down, Moksh Ornaments is expected to follow. Please check Moksh Ornaments' information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to make a quick decision on whether Moksh Ornaments' current price movements will revert.
Auto-correlation
-0.3
Weak reverse predictability
Moksh Ornaments Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Moksh Ornaments time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Moksh Ornaments price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Moksh Ornaments price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.3
Spearman Rank Test
-0.67
Residual Average
0.0
Price Variance
2.06
Moksh Ornaments lagged returns against current returns
Autocorrelation, which is Moksh Ornaments 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 Moksh Ornaments' stock expected returns. We can calculate the autocorrelation of Moksh Ornaments returns to help us make a trade decision. For example, suppose you find that Moksh Ornaments 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
Moksh Ornaments 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 Moksh Ornaments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Moksh Ornaments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Moksh Ornaments stock over time.
Current vs Lagged Prices
Timeline
Moksh Ornaments Lagged Returns
When evaluating Moksh Ornaments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Moksh Ornaments stock have on its future price. Moksh Ornaments 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, Moksh Ornaments autocorrelation shows the relationship between Moksh Ornaments stock current value and its past values and can show if there is a momentum factor associated with investing in Moksh Ornaments Limited.
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.
Moksh Ornaments financial ratios help investors to determine whether Moksh 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 Moksh with respect to the benefits of owning Moksh Ornaments security.