NIIT LEARNING (India) Market Value
| NIITMTS Stock | 419.95 3.65 0.86% |
| Symbol | NIIT |
NIIT LEARNING '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 NIIT LEARNING'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 NIIT LEARNING.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in NIIT LEARNING on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding NIIT LEARNING SYSTEMS or generate 0.0% return on investment in NIIT LEARNING over 30 days. NIIT LEARNING is related to or competes with Tube Investments, Centum Electronics, MIC Electronics, Salzer Electronics, ILFS Investment, Landmark Cars, and SIL Investments. More
NIIT LEARNING 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 NIIT LEARNING'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 NIIT LEARNING SYSTEMS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.03 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.81 |
NIIT LEARNING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIIT LEARNING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NIIT LEARNING's standard deviation. In reality, there are many statistical measures that can use NIIT LEARNING historical prices to predict the future NIIT LEARNING's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.46) |
NIIT LEARNING SYSTEMS Backtested Returns
NIIT LEARNING SYSTEMS has Sharpe Ratio of -0.0528, which conveys that the firm had a -0.0528 % return per unit of volatility over the last 3 months. NIIT LEARNING exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIIT LEARNING's risk adjusted performance of (0.03), and Mean Deviation of 1.59 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NIIT LEARNING's returns are expected to increase less than the market. However, during the bear market, the loss of holding NIIT LEARNING is expected to be smaller as well. At this point, NIIT LEARNING SYSTEMS has a negative expected return of -0.11%. Please make sure to verify NIIT LEARNING's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if NIIT LEARNING SYSTEMS performance from the past will be repeated in the future.
Auto-correlation | 0.52 |
Modest predictability
NIIT LEARNING SYSTEMS has modest predictability. Overlapping area represents the amount of predictability between NIIT LEARNING time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 NIIT LEARNING SYSTEMS price movement. The serial correlation of 0.52 indicates that about 52.0% of current NIIT LEARNING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 151.61 |
NIIT LEARNING SYSTEMS lagged returns against current returns
Autocorrelation, which is NIIT LEARNING 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 NIIT LEARNING's stock expected returns. We can calculate the autocorrelation of NIIT LEARNING returns to help us make a trade decision. For example, suppose you find that NIIT LEARNING 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 |
NIIT LEARNING 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 NIIT LEARNING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NIIT LEARNING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NIIT LEARNING stock over time.
Current vs Lagged Prices |
| Timeline |
NIIT LEARNING Lagged Returns
When evaluating NIIT LEARNING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NIIT LEARNING stock have on its future price. NIIT LEARNING 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, NIIT LEARNING autocorrelation shows the relationship between NIIT LEARNING stock current value and its past values and can show if there is a momentum factor associated with investing in NIIT LEARNING SYSTEMS.
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 NIIT Stock Analysis
When running NIIT LEARNING's price analysis, check to measure NIIT LEARNING'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 NIIT LEARNING is operating at the current time. Most of NIIT LEARNING's value examination focuses on studying past and present price action to predict the probability of NIIT LEARNING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIIT LEARNING's price. Additionally, you may evaluate how the addition of NIIT LEARNING to your portfolios can decrease your overall portfolio volatility.