Motisons Jewellers (India) Market Value
| MOTISONS | 27.22 0.63 2.26% |
| Symbol | Motisons |
Motisons Jewellers '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 Motisons Jewellers' 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 Motisons Jewellers.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Motisons Jewellers on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Motisons Jewellers or generate 0.0% return on investment in Motisons Jewellers over 30 days. Motisons Jewellers is related to or competes with KIOCL, Spentex Industries, Punjab Sind, ITI, and Raj Rayon. Motisons Jewellers is entity of India. It is traded as Stock on NSE exchange. More
Motisons Jewellers 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 Motisons Jewellers' 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 Motisons Jewellers upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.0258 | |||
| Maximum Drawdown | 13.79 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 4.97 |
Motisons Jewellers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Motisons Jewellers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Motisons Jewellers' standard deviation. In reality, there are many statistical measures that can use Motisons Jewellers historical prices to predict the future Motisons Jewellers' volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.0838 | |||
| Total Risk Alpha | 0.0246 | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | 0.1239 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Motisons Jewellers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Motisons Jewellers Backtested Returns
Motisons Jewellers has Sharpe Ratio of -0.0157, which conveys that the firm had a -0.0157% return per unit of risk over the last 3 months. Motisons Jewellers exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Motisons Jewellers' Risk Adjusted Performance of 0.0355, mean deviation of 2.36, and Downside Deviation of 2.64 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.8, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Motisons Jewellers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Motisons Jewellers is expected to be smaller as well. At this point, Motisons Jewellers has a negative expected return of -0.0464%. Please make sure to verify Motisons Jewellers' total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to decide if Motisons Jewellers performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Motisons Jewellers has poor predictability. Overlapping area represents the amount of predictability between Motisons Jewellers time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Motisons Jewellers price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Motisons Jewellers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Motisons Jewellers lagged returns against current returns
Autocorrelation, which is Motisons Jewellers 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 Motisons Jewellers' stock expected returns. We can calculate the autocorrelation of Motisons Jewellers returns to help us make a trade decision. For example, suppose you find that Motisons Jewellers 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 |
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Motisons Jewellers 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 Motisons Jewellers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Motisons Jewellers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Motisons Jewellers stock over time.
Current vs Lagged Prices |
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Motisons Jewellers Lagged Returns
When evaluating Motisons Jewellers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Motisons Jewellers stock have on its future price. Motisons Jewellers 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, Motisons Jewellers autocorrelation shows the relationship between Motisons Jewellers stock current value and its past values and can show if there is a momentum factor associated with investing in Motisons Jewellers.
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.Other Information on Investing in Motisons Stock
Motisons Jewellers financial ratios help investors to determine whether Motisons 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 Motisons with respect to the benefits of owning Motisons Jewellers security.