Shaily Engineering (India) Market Value
| SHAILY Stock | 1,518 38.70 2.62% |
| Symbol | Shaily |
Shaily Engineering '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 Shaily Engineering'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 Shaily Engineering.
| 12/29/2024 |
| 02/27/2025 |
If you would invest 0.00 in Shaily Engineering on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Shaily Engineering Plastics or generate 0.0% return on investment in Shaily Engineering over 60 days. Shaily Engineering is related to or competes with ILFS Investment, Speciality Restaurants, Tube Investments, SIL Investments, Styrenix Performance, Modi Rubber, and BF Investment. Shaily Engineering is entity of India. It is traded as Stock on NSE exchange. More
Shaily Engineering 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 Shaily Engineering'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 Shaily Engineering Plastics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.1437 | |||
| Maximum Drawdown | 23.07 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.0 |
Shaily Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shaily Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shaily Engineering's standard deviation. In reality, there are many statistical measures that can use Shaily Engineering historical prices to predict the future Shaily Engineering's volatility.| Risk Adjusted Performance | 0.1146 | |||
| Jensen Alpha | 0.5556 | |||
| Total Risk Alpha | 0.5911 | |||
| Sortino Ratio | 0.1869 | |||
| Treynor Ratio | (3.12) |
Shaily Engineering Backtested Returns
Shaily Engineering appears to be very steady, given 3 months investment horizon. Shaily Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0922, which indicates the firm had a 0.0922 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Shaily Engineering Plastics, which you can use to evaluate the volatility of the company. Please review Shaily Engineering's Coefficient Of Variation of 691.39, risk adjusted performance of 0.1146, and Semi Deviation of 2.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shaily Engineering holds a performance score of 7. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shaily Engineering are expected to decrease at a much lower rate. During the bear market, Shaily Engineering is likely to outperform the market. Please check Shaily Engineering's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Shaily Engineering's existing price patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
Shaily Engineering Plastics has below average predictability. Overlapping area represents the amount of predictability between Shaily Engineering time series from 29th of December 2024 to 28th of January 2025 and 28th of January 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 Shaily Engineering price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Shaily Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 8939.9 |
Shaily Engineering lagged returns against current returns
Autocorrelation, which is Shaily Engineering 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 Shaily Engineering's stock expected returns. We can calculate the autocorrelation of Shaily Engineering returns to help us make a trade decision. For example, suppose you find that Shaily Engineering 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 |
Shaily Engineering 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 Shaily Engineering stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shaily Engineering stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shaily Engineering stock over time.
Current vs Lagged Prices |
| Timeline |
Shaily Engineering Lagged Returns
When evaluating Shaily Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shaily Engineering stock have on its future price. Shaily Engineering 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, Shaily Engineering autocorrelation shows the relationship between Shaily Engineering stock current value and its past values and can show if there is a momentum factor associated with investing in Shaily Engineering Plastics.
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.Other Information on Investing in Shaily Stock
Shaily Engineering financial ratios help investors to determine whether Shaily 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 Shaily with respect to the benefits of owning Shaily Engineering security.