Reliance Home (India) Market Value
| RHFL Stock | 3.20 0.07 2.14% |
| Symbol | Reliance |
Reliance Home '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 Home'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 Home.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Reliance Home on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Reliance Home Finance or generate 0.0% return on investment in Reliance Home over 30 days. Reliance Home is related to or competes with Blue Coast, Dharani SugarsChemicals, EIH Associated, Mangalore Chemicals, Asian Hotels, and Khaitan Chemicals. Reliance Home is entity of India. It is traded as Stock on NSE exchange. More
Reliance Home 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 Home'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 Home Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.94 | |||
| Information Ratio | 0.0933 | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 4.94 |
Reliance Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reliance Home's standard deviation. In reality, there are many statistical measures that can use Reliance Home historical prices to predict the future Reliance Home's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 0.3264 | |||
| Total Risk Alpha | 0.3683 | |||
| Sortino Ratio | 0.1164 | |||
| Treynor Ratio | (0.22) |
Reliance Home Finance Backtested Returns
Reliance Home appears to be risky, given 3 months investment horizon. Reliance Home Finance maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18 % return per unit of risk over the last 3 months. By analyzing Reliance Home's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please evaluate Reliance Home's Risk Adjusted Performance of 0.0774, semi deviation of 2.76, and Coefficient Of Variation of 1060.8 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Reliance Home holds a performance score of 14. The company holds a Beta of -1.5, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Reliance Home are expected to decrease by larger amounts. On the other hand, during market turmoil, Reliance Home is expected to outperform it. Please check Reliance Home's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Reliance Home's historical price patterns will revert.
Auto-correlation | -0.65 |
Very good reverse predictability
Reliance Home Finance has very good reverse predictability. Overlapping area represents the amount of predictability between Reliance Home 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 Reliance Home Finance price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Reliance Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Reliance Home Finance lagged returns against current returns
Autocorrelation, which is Reliance Home 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 Home's stock expected returns. We can calculate the autocorrelation of Reliance Home returns to help us make a trade decision. For example, suppose you find that Reliance Home 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 Home 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 Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reliance Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reliance Home stock over time.
Current vs Lagged Prices |
| Timeline |
Reliance Home Lagged Returns
When evaluating Reliance Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reliance Home stock have on its future price. Reliance Home 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 Home autocorrelation shows the relationship between Reliance Home stock current value and its past values and can show if there is a momentum factor associated with investing in Reliance Home Finance.
Regressed Prices |
| Timeline |
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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 Home's price analysis, check to measure Reliance Home'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 Home is operating at the current time. Most of Reliance Home's value examination focuses on studying past and present price action to predict the probability of Reliance Home'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 Home's price. Additionally, you may evaluate how the addition of Reliance Home to your portfolios can decrease your overall portfolio volatility.