Zee Learn (India) Market Value
| ZEELEARN | 8.32 0.18 2.12% |
| Symbol | Zee |
Zee Learn '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 Zee Learn'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 Zee Learn.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Zee Learn on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Zee Learn Limited or generate 0.0% return on investment in Zee Learn over 30 days. Zee Learn is related to or competes with Reliance Industries, Oil Natural, ICICI Bank, and Bharti Airtel. Zee Learn is entity of India. It is traded as Stock on NSE exchange. More
Zee Learn 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 Zee Learn'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 Zee Learn Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.09 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 4.95 |
Zee Learn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zee Learn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zee Learn's standard deviation. In reality, there are many statistical measures that can use Zee Learn historical prices to predict the future Zee Learn's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zee Learn'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.
Zee Learn Limited Backtested Returns
Zee Learn Limited shows Sharpe Ratio of -0.0136, which attests that the company had a -0.0136% return per unit of risk over the last 3 months. Zee Learn Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zee Learn's Market Risk Adjusted Performance of (0.17), mean deviation of 3.08, and Standard Deviation of 3.75 to validate the risk estimate we provide. The firm maintains a market beta of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zee Learn's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zee Learn is expected to be smaller as well. At this point, Zee Learn Limited has a negative expected return of -0.0509%. Please make sure to check out Zee Learn's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Zee Learn Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Zee Learn Limited has excellent reverse predictability. Overlapping area represents the amount of predictability between Zee Learn time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 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 Zee Learn Limited price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Zee Learn price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Zee Learn Limited lagged returns against current returns
Autocorrelation, which is Zee Learn 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 Zee Learn's stock expected returns. We can calculate the autocorrelation of Zee Learn returns to help us make a trade decision. For example, suppose you find that Zee Learn 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 |
Zee Learn 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 Zee Learn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zee Learn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zee Learn stock over time.
Current vs Lagged Prices |
| Timeline |
Zee Learn Lagged Returns
When evaluating Zee Learn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zee Learn stock have on its future price. Zee Learn 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, Zee Learn autocorrelation shows the relationship between Zee Learn stock current value and its past values and can show if there is a momentum factor associated with investing in Zee Learn Limited.
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 Zee Stock Analysis
When running Zee Learn's price analysis, check to measure Zee Learn'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 Zee Learn is operating at the current time. Most of Zee Learn's value examination focuses on studying past and present price action to predict the probability of Zee Learn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zee Learn's price. Additionally, you may evaluate how the addition of Zee Learn to your portfolios can decrease your overall portfolio volatility.