SECUREKLOUD TECHNOLOGIES's market value is the price at which a share of SECUREKLOUD TECHNOLOGIES trades on a public exchange. It measures the collective expectations of SECUREKLOUD TECHNOLOGIES LIMITED investors about its performance. SECUREKLOUD TECHNOLOGIES is selling for 32.19 as of the 4th of January 2025. This is a 2.01 percent decrease since the beginning of the trading day. The stock's lowest day price was 31.21. With this module, you can estimate the performance of a buy and hold strategy of SECUREKLOUD TECHNOLOGIES LIMITED and determine expected loss or profit from investing in SECUREKLOUD TECHNOLOGIES over a given investment horizon. Check out SECUREKLOUD TECHNOLOGIES Correlation, SECUREKLOUD TECHNOLOGIES Volatility and SECUREKLOUD TECHNOLOGIES Alpha and Beta module to complement your research on SECUREKLOUD TECHNOLOGIES.
Please note, there is a significant difference between SECUREKLOUD TECHNOLOGIES's value and its price as these two are different measures arrived at by different means. Investors typically determine if SECUREKLOUD TECHNOLOGIES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SECUREKLOUD TECHNOLOGIES'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.
SECUREKLOUD TECHNOLOGIES '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 SECUREKLOUD TECHNOLOGIES'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 SECUREKLOUD TECHNOLOGIES.
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11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in SECUREKLOUD TECHNOLOGIES on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding SECUREKLOUD TECHNOLOGIES LIMITED or generate 0.0% return on investment in SECUREKLOUD TECHNOLOGIES over 60 days. SECUREKLOUD TECHNOLOGIES is related to or competes with HDFC Bank, Reliance Industries, Bharti Airtel, Power Finance, State Bank, and ICICI Bank. SECUREKLOUD TECHNOLOGIES is entity of India More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SECUREKLOUD TECHNOLOGIES'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 SECUREKLOUD TECHNOLOGIES LIMITED upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SECUREKLOUD TECHNOLOGIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SECUREKLOUD TECHNOLOGIES's standard deviation. In reality, there are many statistical measures that can use SECUREKLOUD TECHNOLOGIES historical prices to predict the future SECUREKLOUD TECHNOLOGIES's volatility.
SECUREKLOUD TECHNOLOGIES appears to be not too volatile, given 3 months investment horizon. SECUREKLOUD TECHNOLOGIES retains Efficiency (Sharpe Ratio) of 0.0522, which indicates the firm had a 0.0522% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SECUREKLOUD TECHNOLOGIES, which you can use to evaluate the volatility of the company. Please review SECUREKLOUD TECHNOLOGIES's downside deviation of 3.32, and Risk Adjusted Performance of 0.0212 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SECUREKLOUD TECHNOLOGIES holds a performance score of 4. The entity owns a Beta (Systematic Risk) of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SECUREKLOUD TECHNOLOGIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding SECUREKLOUD TECHNOLOGIES is expected to be smaller as well. Please check SECUREKLOUD TECHNOLOGIES's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether SECUREKLOUD TECHNOLOGIES's current price history will revert.
Auto-correlation
0.54
Modest predictability
SECUREKLOUD TECHNOLOGIES LIMITED has modest predictability. Overlapping area represents the amount of predictability between SECUREKLOUD TECHNOLOGIES time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 SECUREKLOUD TECHNOLOGIES price movement. The serial correlation of 0.54 indicates that about 54.0% of current SECUREKLOUD TECHNOLOGIES price fluctuation can be explain by its past prices.
Correlation Coefficient
0.54
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
1.14
SECUREKLOUD TECHNOLOGIES lagged returns against current returns
Autocorrelation, which is SECUREKLOUD TECHNOLOGIES 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 SECUREKLOUD TECHNOLOGIES's stock expected returns. We can calculate the autocorrelation of SECUREKLOUD TECHNOLOGIES returns to help us make a trade decision. For example, suppose you find that SECUREKLOUD TECHNOLOGIES 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
SECUREKLOUD TECHNOLOGIES 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 SECUREKLOUD TECHNOLOGIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SECUREKLOUD TECHNOLOGIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SECUREKLOUD TECHNOLOGIES stock over time.
Current vs Lagged Prices
Timeline
SECUREKLOUD TECHNOLOGIES Lagged Returns
When evaluating SECUREKLOUD TECHNOLOGIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SECUREKLOUD TECHNOLOGIES stock have on its future price. SECUREKLOUD TECHNOLOGIES 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, SECUREKLOUD TECHNOLOGIES autocorrelation shows the relationship between SECUREKLOUD TECHNOLOGIES stock current value and its past values and can show if there is a momentum factor associated with investing in SECUREKLOUD TECHNOLOGIES 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 SECUREKLOUD Stock
SECUREKLOUD TECHNOLOGIES financial ratios help investors to determine whether SECUREKLOUD 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 SECUREKLOUD with respect to the benefits of owning SECUREKLOUD TECHNOLOGIES security.