V Mart (India) Market Value
| VMART Stock | 3,969 9.00 0.23% |
| Symbol | VMART |
V Mart '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 V Mart'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 V Mart.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in V Mart on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding V Mart Retail Limited or generate 0.0% return on investment in V Mart over 30 days. V Mart is related to or competes with Jindal Poly, Bombay Burmah, SIL Investments, State Trading, Zenith Steel, Nalwa Sons, and Vibhor Steel. V Mart is entity of India. It is traded as Stock on NSE exchange. More
V Mart 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 V Mart'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 V Mart Retail Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.0117 | |||
| Maximum Drawdown | 19.38 | |||
| Value At Risk | (4.97) | |||
| Potential Upside | 5.73 |
V Mart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for V Mart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as V Mart's standard deviation. In reality, there are many statistical measures that can use V Mart historical prices to predict the future V Mart's volatility.| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | 0.0984 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0113 | |||
| Treynor Ratio | 0.3332 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of V Mart's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
V Mart Retail Backtested Returns
As of now, VMART Stock is very steady. V Mart Retail owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0569, which indicates the company had a 0.0569% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for V Mart Retail Limited, which you can use to evaluate the volatility of the entity. Please validate V Mart's Market Risk Adjusted Performance of 0.3432, downside deviation of 3.11, and Risk Adjusted Performance of 0.0485 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. V Mart has a performance score of 4 on a scale of 0 to 100. The firm has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, V Mart's returns are expected to increase less than the market. However, during the bear market, the loss of holding V Mart is expected to be smaller as well. V Mart Retail at this moment has a risk of 3.07%. Please validate V Mart potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if V Mart will be following its existing price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
V Mart Retail Limited has very good reverse predictability. Overlapping area represents the amount of predictability between V Mart time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of V Mart Retail price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current V Mart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 31.9 K |
V Mart Retail lagged returns against current returns
Autocorrelation, which is V Mart 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 V Mart's stock expected returns. We can calculate the autocorrelation of V Mart returns to help us make a trade decision. For example, suppose you find that V Mart 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 |
V Mart 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 V Mart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if V Mart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in V Mart stock over time.
Current vs Lagged Prices |
| Timeline |
V Mart Lagged Returns
When evaluating V Mart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of V Mart stock have on its future price. V Mart 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, V Mart autocorrelation shows the relationship between V Mart stock current value and its past values and can show if there is a momentum factor associated with investing in V Mart Retail 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 VMART Stock
V Mart financial ratios help investors to determine whether VMART 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 VMART with respect to the benefits of owning V Mart security.