Radaan Mediaworks (India) Market Value
| RADAAN Stock | 3.90 0.07 1.83% |
| Symbol | Radaan |
Radaan Mediaworks '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 Radaan Mediaworks' 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 Radaan Mediaworks.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Radaan Mediaworks on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Radaan Mediaworks India or generate 0.0% return on investment in Radaan Mediaworks over 30 days. Radaan Mediaworks is related to or competes with Spencers Retail, Megastar Foods, Sapphire Foods, V2 Retail, Baazar Style, Patanjali Foods, and Hindustan Foods. Radaan Mediaworks is entity of India. It is traded as Stock on NSE exchange. More
Radaan Mediaworks 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 Radaan Mediaworks' 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 Radaan Mediaworks India upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.46 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 4.97 |
Radaan Mediaworks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radaan Mediaworks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radaan Mediaworks' standard deviation. In reality, there are many statistical measures that can use Radaan Mediaworks historical prices to predict the future Radaan Mediaworks' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.08 |
Radaan Mediaworks India Backtested Returns
Radaan Mediaworks India maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Radaan Mediaworks India exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radaan Mediaworks' Risk Adjusted Performance of (0.04), variance of 9.62, and Coefficient Of Variation of (1,459) to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Radaan Mediaworks are expected to decrease at a much lower rate. During the bear market, Radaan Mediaworks is likely to outperform the market. At this point, Radaan Mediaworks India has a negative expected return of -0.38%. Please make sure to check Radaan Mediaworks' jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if Radaan Mediaworks India performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Radaan Mediaworks India has very good reverse predictability. Overlapping area represents the amount of predictability between Radaan Mediaworks time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Radaan Mediaworks India price movement. The serial correlation of -0.7 indicates that around 70.0% of current Radaan Mediaworks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Radaan Mediaworks India lagged returns against current returns
Autocorrelation, which is Radaan Mediaworks 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 Radaan Mediaworks' stock expected returns. We can calculate the autocorrelation of Radaan Mediaworks returns to help us make a trade decision. For example, suppose you find that Radaan Mediaworks 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 |
Radaan Mediaworks 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 Radaan Mediaworks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radaan Mediaworks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radaan Mediaworks stock over time.
Current vs Lagged Prices |
| Timeline |
Radaan Mediaworks Lagged Returns
When evaluating Radaan Mediaworks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radaan Mediaworks stock have on its future price. Radaan Mediaworks 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, Radaan Mediaworks autocorrelation shows the relationship between Radaan Mediaworks stock current value and its past values and can show if there is a momentum factor associated with investing in Radaan Mediaworks India.
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 Radaan Stock
Radaan Mediaworks financial ratios help investors to determine whether Radaan 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 Radaan with respect to the benefits of owning Radaan Mediaworks security.