Raj Rayon (India) Market Value

RAJRILTD   23.75  0.49  2.02%   
Raj Rayon's market value is the price at which a share of Raj Rayon trades on a public exchange. It measures the collective expectations of Raj Rayon Industries investors about its performance. Raj Rayon is selling for under 23.75 as of the 2nd of March 2025; that is 2.02 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 23.75.
With this module, you can estimate the performance of a buy and hold strategy of Raj Rayon Industries and determine expected loss or profit from investing in Raj Rayon over a given investment horizon. Check out Raj Rayon Correlation, Raj Rayon Volatility and Raj Rayon Alpha and Beta module to complement your research on Raj Rayon.
Symbol

Please note, there is a significant difference between Raj Rayon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Raj Rayon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raj Rayon's 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.

Raj Rayon '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 Raj Rayon'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 Raj Rayon.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/02/2025
0.00
If you would invest  0.00  in Raj Rayon on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Raj Rayon Industries or generate 0.0% return on investment in Raj Rayon over 60 days. Raj Rayon is related to or competes with Industrial Investment, SIL Investments, Jindal Poly, Tata Investment, Generic Engineering, State Trading, and ILFS Investment. Raj Rayon is entity of India. It is traded as Stock on NSE exchange. More

Raj Rayon 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 Raj Rayon'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 Raj Rayon Industries upside and downside potential and time the market with a certain degree of confidence.

Raj Rayon Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Raj Rayon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raj Rayon's standard deviation. In reality, there are many statistical measures that can use Raj Rayon historical prices to predict the future Raj Rayon's volatility.
Hype
Prediction
LowEstimatedHigh
21.9323.7525.57
Details
Intrinsic
Valuation
LowRealHigh
17.4219.2426.13
Details
Naive
Forecast
LowNextHigh
20.6022.4224.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.3723.0226.67
Details

Raj Rayon Industries Backtested Returns

Currently, Raj Rayon Industries is very steady. Raj Rayon Industries maintains Sharpe Ratio (i.e., Efficiency) of 0.0469, which implies the firm had a 0.0469 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Raj Rayon Industries, which you can use to evaluate the volatility of the company. Please check Raj Rayon's Coefficient Of Variation of 1310.46, risk adjusted performance of 0.0622, and Semi Deviation of 1.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0853%. Raj Rayon has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.0229, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raj Rayon are expected to decrease at a much lower rate. During the bear market, Raj Rayon is likely to outperform the market. Raj Rayon Industries right now holds a risk of 1.82%. Please check Raj Rayon Industries semi variance, and the relationship between the treynor ratio and rate of daily change , to decide if Raj Rayon Industries will be following its historical price patterns.

Auto-correlation

    
  -0.85  

Excellent reverse predictability

Raj Rayon Industries has excellent reverse predictability. Overlapping area represents the amount of predictability between Raj Rayon time series from 1st of January 2025 to 31st of January 2025 and 31st of January 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 Raj Rayon Industries price movement. The serial correlation of -0.85 indicates that around 85.0% of current Raj Rayon price fluctuation can be explain by its past prices.
Correlation Coefficient-0.85
Spearman Rank Test-0.77
Residual Average0.0
Price Variance3.88

Raj Rayon Industries lagged returns against current returns

Autocorrelation, which is Raj Rayon 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 Raj Rayon's stock expected returns. We can calculate the autocorrelation of Raj Rayon returns to help us make a trade decision. For example, suppose you find that Raj Rayon 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  

Raj Rayon 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 Raj Rayon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raj Rayon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raj Rayon stock over time.
   Current vs Lagged Prices   
       Timeline  

Raj Rayon Lagged Returns

When evaluating Raj Rayon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raj Rayon stock have on its future price. Raj Rayon 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, Raj Rayon autocorrelation shows the relationship between Raj Rayon stock current value and its past values and can show if there is a momentum factor associated with investing in Raj Rayon Industries.
   Regressed Prices   
       Timeline  

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Additional Tools for Raj Stock Analysis

When running Raj Rayon's price analysis, check to measure Raj Rayon'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 Raj Rayon is operating at the current time. Most of Raj Rayon's value examination focuses on studying past and present price action to predict the probability of Raj Rayon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raj Rayon's price. Additionally, you may evaluate how the addition of Raj Rayon to your portfolios can decrease your overall portfolio volatility.