Patanjali Foods (India) Market Value
| PATANJALI | 1,750 2.45 0.14% |
| Symbol | Patanjali |
Patanjali Foods '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 Patanjali Foods' 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 Patanjali Foods.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Patanjali Foods on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Patanjali Foods Limited or generate 0.0% return on investment in Patanjali Foods over 90 days. Patanjali Foods is related to or competes with Max Healthcare, Medplus Health, Neogen Chemicals, Reliance Home, Repco Home, Praxis Home, and Rajnandini Metal. Patanjali Foods is entity of India. It is traded as Stock on NSE exchange. More
Patanjali Foods 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 Patanjali Foods' 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 Patanjali Foods Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 1.85 |
Patanjali Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patanjali Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Patanjali Foods' standard deviation. In reality, there are many statistical measures that can use Patanjali Foods historical prices to predict the future Patanjali Foods' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0406 | |||
| Treynor Ratio | 3.22 |
Patanjali Foods Backtested Returns
At this point, Patanjali Foods is very steady. Patanjali Foods maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Patanjali Foods, which you can use to evaluate the volatility of the company. Please check Patanjali Foods' Coefficient Of Variation of (2,224), variance of 1.64, and Risk Adjusted Performance of (0.04) to confirm if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The company holds a Beta of -0.021, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Patanjali Foods are expected to decrease at a much lower rate. During the bear market, Patanjali Foods is likely to outperform the market. Patanjali Foods right now holds a risk of 1.26%. Please check Patanjali Foods value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Patanjali Foods will be following its historical price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Patanjali Foods Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Patanjali Foods time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 Patanjali Foods price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Patanjali Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1815.68 |
Patanjali Foods lagged returns against current returns
Autocorrelation, which is Patanjali Foods 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 Patanjali Foods' stock expected returns. We can calculate the autocorrelation of Patanjali Foods returns to help us make a trade decision. For example, suppose you find that Patanjali Foods 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 |
Patanjali Foods 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 Patanjali Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Patanjali Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Patanjali Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Patanjali Foods Lagged Returns
When evaluating Patanjali Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Patanjali Foods stock have on its future price. Patanjali Foods 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, Patanjali Foods autocorrelation shows the relationship between Patanjali Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Patanjali Foods 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.Other Information on Investing in Patanjali Stock
Patanjali Foods financial ratios help investors to determine whether Patanjali 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 Patanjali with respect to the benefits of owning Patanjali Foods security.