EClerx Services (India) Market Value
| ECLERX Stock | 3,712 5.80 0.16% |
| Symbol | EClerx |
EClerx Services '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 EClerx Services' 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 EClerx Services.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in EClerx Services on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding eClerx Services Limited or generate 0.0% return on investment in EClerx Services over 90 days. EClerx Services is related to or competes with Sarveshwar Foods, Total Transport, WESTLIFE FOODWORLD, Indian Metals, ADF Foods, Ami Organics, and Jayant Agro. EClerx Services is entity of India. It is traded as Stock on NSE exchange. More
EClerx Services 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 EClerx Services' 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 eClerx Services Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.1891 | |||
| Maximum Drawdown | 19.69 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 4.1 |
EClerx Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EClerx Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EClerx Services' standard deviation. In reality, there are many statistical measures that can use EClerx Services historical prices to predict the future EClerx Services' volatility.| Risk Adjusted Performance | 0.2352 | |||
| Jensen Alpha | 0.533 | |||
| Total Risk Alpha | 0.2479 | |||
| Sortino Ratio | 0.2756 | |||
| Treynor Ratio | 0.9191 |
eClerx Services Backtested Returns
EClerx Services appears to be very steady, given 3 months investment horizon. eClerx Services secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22 % return per unit of risk over the last 3 months. By inspecting EClerx Services' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize EClerx Services' Semi Deviation of 1.31, risk adjusted performance of 0.2352, and Downside Deviation of 1.78 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EClerx Services holds a performance score of 17. The firm shows a Beta (market volatility) of 0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, EClerx Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding EClerx Services is expected to be smaller as well. Please check EClerx Services' downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether EClerx Services' price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
eClerx Services Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between EClerx Services time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 eClerx Services price movement. The serial correlation of -0.08 indicates that barely 8.0% of current EClerx Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 12.1 K |
eClerx Services lagged returns against current returns
Autocorrelation, which is EClerx Services 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 EClerx Services' stock expected returns. We can calculate the autocorrelation of EClerx Services returns to help us make a trade decision. For example, suppose you find that EClerx Services 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 |
EClerx Services 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 EClerx Services stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EClerx Services stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EClerx Services stock over time.
Current vs Lagged Prices |
| Timeline |
EClerx Services Lagged Returns
When evaluating EClerx Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EClerx Services stock have on its future price. EClerx Services 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, EClerx Services autocorrelation shows the relationship between EClerx Services stock current value and its past values and can show if there is a momentum factor associated with investing in eClerx Services 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 EClerx Stock
EClerx Services financial ratios help investors to determine whether EClerx 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 EClerx with respect to the benefits of owning EClerx Services security.