Reliance Infrastructure (India) Market Value
| RELINFRA | 280.95 4.65 1.63% |
| Symbol | Reliance |
Reliance Infrastructure '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 Reliance Infrastructure'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 Reliance Infrastructure.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Reliance Infrastructure on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Reliance Infrastructure Limited or generate 0.0% return on investment in Reliance Infrastructure over 30 days. Reliance Infrastructure is related to or competes with Nalwa Sons, Network18 Media, Tata Investment, Foods Inns, Parag Milk, Pilani Investment, and Kohinoor Foods. Reliance Infrastructure is entity of India More
Reliance Infrastructure 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 Reliance Infrastructure'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 Reliance Infrastructure Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.99 |
Reliance Infrastructure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reliance Infrastructure's standard deviation. In reality, there are many statistical measures that can use Reliance Infrastructure historical prices to predict the future Reliance Infrastructure's volatility.| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.1211 |
Reliance Infrastructure Backtested Returns
Currently, Reliance Infrastructure Limited is very steady. Reliance Infrastructure maintains Sharpe Ratio (i.e., Efficiency) of 0.0421, which implies the firm had a 0.0421 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Reliance Infrastructure, which you can use to evaluate the volatility of the company. Please check Reliance Infrastructure's Coefficient Of Variation of (31,885), risk adjusted performance of 0.0046, and Variance of 9.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Reliance Infrastructure has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Reliance Infrastructure are expected to decrease at a much lower rate. During the bear market, Reliance Infrastructure is likely to outperform the market. Reliance Infrastructure right now holds a risk of 2.89%. Please check Reliance Infrastructure total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Reliance Infrastructure will be following its historical price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Reliance Infrastructure Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Reliance Infrastructure time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 Reliance Infrastructure price movement. The serial correlation of -0.67 indicates that around 67.0% of current Reliance Infrastructure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 158.65 |
Reliance Infrastructure lagged returns against current returns
Autocorrelation, which is Reliance Infrastructure 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 Reliance Infrastructure's stock expected returns. We can calculate the autocorrelation of Reliance Infrastructure returns to help us make a trade decision. For example, suppose you find that Reliance Infrastructure 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 |
Reliance Infrastructure 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 Reliance Infrastructure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reliance Infrastructure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reliance Infrastructure stock over time.
Current vs Lagged Prices |
| Timeline |
Reliance Infrastructure Lagged Returns
When evaluating Reliance Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reliance Infrastructure stock have on its future price. Reliance Infrastructure 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, Reliance Infrastructure autocorrelation shows the relationship between Reliance Infrastructure stock current value and its past values and can show if there is a momentum factor associated with investing in Reliance Infrastructure 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.Additional Tools for Reliance Stock Analysis
When running Reliance Infrastructure's price analysis, check to measure Reliance Infrastructure'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 Reliance Infrastructure is operating at the current time. Most of Reliance Infrastructure's value examination focuses on studying past and present price action to predict the probability of Reliance Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Infrastructure's price. Additionally, you may evaluate how the addition of Reliance Infrastructure to your portfolios can decrease your overall portfolio volatility.