CREDITACCESS GRAMEEN (India) Market Value
| CREDITACC | 1,270 18.90 1.47% |
| Symbol | CREDITACCESS |
CREDITACCESS GRAMEEN '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 CREDITACCESS GRAMEEN'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 CREDITACCESS GRAMEEN.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in CREDITACCESS GRAMEEN on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding CREDITACCESS GRAMEEN LIMITED or generate 0.0% return on investment in CREDITACCESS GRAMEEN over 90 days. CREDITACCESS GRAMEEN is related to or competes with Max Financial, CEAT, ICICI Lombard, and Fortis Healthcare. CREDITACCESS GRAMEEN is entity of India. It is traded as Stock on NSE exchange. More
CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN'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 CREDITACCESS GRAMEEN LIMITED upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0535 | |||
| Maximum Drawdown | 13.82 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 3.99 |
CREDITACCESS GRAMEEN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CREDITACCESS GRAMEEN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CREDITACCESS GRAMEEN's standard deviation. In reality, there are many statistical measures that can use CREDITACCESS GRAMEEN historical prices to predict the future CREDITACCESS GRAMEEN's volatility.| Risk Adjusted Performance | 0.1097 | |||
| Jensen Alpha | 0.2144 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0537 | |||
| Treynor Ratio | 0.7171 |
CREDITACCESS GRAMEEN Backtested Returns
At this point, CREDITACCESS GRAMEEN is very steady. CREDITACCESS GRAMEEN secures Sharpe Ratio (or Efficiency) of 0.0792, which signifies that the company had a 0.0792 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CREDITACCESS GRAMEEN LIMITED, which you can use to evaluate the volatility of the firm. Please confirm CREDITACCESS GRAMEEN's Mean Deviation of 1.86, downside deviation of 2.45, and Risk Adjusted Performance of 0.1097 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. CREDITACCESS GRAMEEN has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CREDITACCESS GRAMEEN's returns are expected to increase less than the market. However, during the bear market, the loss of holding CREDITACCESS GRAMEEN is expected to be smaller as well. CREDITACCESS GRAMEEN now shows a risk of 2.39%. Please confirm CREDITACCESS GRAMEEN treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if CREDITACCESS GRAMEEN will be following its price patterns.
Auto-correlation | 0.16 |
Very weak predictability
CREDITACCESS GRAMEEN LIMITED has very weak predictability. Overlapping area represents the amount of predictability between CREDITACCESS GRAMEEN time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 CREDITACCESS GRAMEEN price movement. The serial correlation of 0.16 indicates that over 16.0% of current CREDITACCESS GRAMEEN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 3621.04 |
CREDITACCESS GRAMEEN lagged returns against current returns
Autocorrelation, which is CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN's stock expected returns. We can calculate the autocorrelation of CREDITACCESS GRAMEEN returns to help us make a trade decision. For example, suppose you find that CREDITACCESS GRAMEEN 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 |
CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CREDITACCESS GRAMEEN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CREDITACCESS GRAMEEN stock over time.
Current vs Lagged Prices |
| Timeline |
CREDITACCESS GRAMEEN Lagged Returns
When evaluating CREDITACCESS GRAMEEN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CREDITACCESS GRAMEEN stock have on its future price. CREDITACCESS GRAMEEN 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, CREDITACCESS GRAMEEN autocorrelation shows the relationship between CREDITACCESS GRAMEEN stock current value and its past values and can show if there is a momentum factor associated with investing in CREDITACCESS GRAMEEN 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 CREDITACCESS Stock
CREDITACCESS GRAMEEN financial ratios help investors to determine whether CREDITACCESS 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 CREDITACCESS with respect to the benefits of owning CREDITACCESS GRAMEEN security.