Shemaroo Entertainment (India) Market Value
| SHEMAROO | 105.13 14.76 16.33% |
| Symbol | Shemaroo |
Shemaroo Entertainment '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 Shemaroo Entertainment'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 Shemaroo Entertainment.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Shemaroo Entertainment on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Shemaroo Entertainment Limited or generate 0.0% return on investment in Shemaroo Entertainment over 90 days. Shemaroo Entertainment is related to or competes with Dhanuka Agritech, Nazara Technologies, Total Transport, Indian Metals, Transport, Ratnamani Metals, and Hisar Metal. Shemaroo Entertainment is entity of India More
Shemaroo Entertainment 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 Shemaroo Entertainment'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 Shemaroo Entertainment Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 15.9 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 5.53 |
Shemaroo Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shemaroo Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shemaroo Entertainment's standard deviation. In reality, there are many statistical measures that can use Shemaroo Entertainment historical prices to predict the future Shemaroo Entertainment's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.84) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (7.10) |
Shemaroo Entertainment Backtested Returns
Shemaroo Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16 % return per unit of risk over the last 3 months. Shemaroo Entertainment Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shemaroo Entertainment's Coefficient Of Variation of (380.32), risk adjusted performance of (0.22), and Variance of 10.14 to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shemaroo Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shemaroo Entertainment is expected to be smaller as well. At this point, Shemaroo Entertainment has a negative expected return of -0.63%. Please make sure to validate Shemaroo Entertainment's kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Shemaroo Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Shemaroo Entertainment Limited has very good predictability. Overlapping area represents the amount of predictability between Shemaroo Entertainment time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 Shemaroo Entertainment price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Shemaroo Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 302.3 |
Shemaroo Entertainment lagged returns against current returns
Autocorrelation, which is Shemaroo Entertainment 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 Shemaroo Entertainment's stock expected returns. We can calculate the autocorrelation of Shemaroo Entertainment returns to help us make a trade decision. For example, suppose you find that Shemaroo Entertainment 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 |
Shemaroo Entertainment 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 Shemaroo Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shemaroo Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shemaroo Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Shemaroo Entertainment Lagged Returns
When evaluating Shemaroo Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shemaroo Entertainment stock have on its future price. Shemaroo Entertainment 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, Shemaroo Entertainment autocorrelation shows the relationship between Shemaroo Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Shemaroo Entertainment 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 Shemaroo Stock
Shemaroo Entertainment financial ratios help investors to determine whether Shemaroo 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 Shemaroo with respect to the benefits of owning Shemaroo Entertainment security.