Zomato (India) Market Value
| ZOMATO Stock | 223.53 19.84 9.74% |
| Symbol | Zomato |
Zomato '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 Zomato'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 Zomato.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Zomato on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Zomato Limited or generate 0.0% return on investment in Zomato over 90 days. Zomato is related to or competes with One 97, Newgen Software, Syrma SGS, Kavveri Telecom, Compucom Software, Reliance Communications, and Selan Exploration. More
Zomato 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 Zomato'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 Zomato Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 14.92 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 4.83 |
Zomato Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zomato's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zomato's standard deviation. In reality, there are many statistical measures that can use Zomato historical prices to predict the future Zomato's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.8881 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zomato'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.
Zomato Limited Backtested Returns
Zomato Limited shows Sharpe Ratio of -0.11, which attests that the company had a -0.11 % return per unit of risk over the last 3 months. Zomato Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zomato's Mean Deviation of 2.42, market risk adjusted performance of 0.8981, and Standard Deviation of 3.26 to validate the risk estimate we provide. The firm maintains a market beta of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zomato are expected to decrease at a much lower rate. During the bear market, Zomato is likely to outperform the market. At this point, Zomato Limited has a negative expected return of -0.36%. Please make sure to check out Zomato's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Zomato Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Zomato Limited has modest predictability. Overlapping area represents the amount of predictability between Zomato time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Zomato Limited price movement. The serial correlation of 0.5 indicates that about 50.0% of current Zomato price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 99.3 |
Zomato Limited lagged returns against current returns
Autocorrelation, which is Zomato 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 Zomato's stock expected returns. We can calculate the autocorrelation of Zomato returns to help us make a trade decision. For example, suppose you find that Zomato 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 |
Zomato 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 Zomato stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zomato stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zomato stock over time.
Current vs Lagged Prices |
| Timeline |
Zomato Lagged Returns
When evaluating Zomato's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zomato stock have on its future price. Zomato 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, Zomato autocorrelation shows the relationship between Zomato stock current value and its past values and can show if there is a momentum factor associated with investing in Zomato 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.Other Information on Investing in Zomato Stock
Zomato financial ratios help investors to determine whether Zomato 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 Zomato with respect to the benefits of owning Zomato security.