Greenlam Industries (India) Market Value
| GREENLAM | 250.31 3.94 1.55% |
| Symbol | Greenlam |
Greenlam Industries '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 Greenlam Industries' 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 Greenlam Industries.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Greenlam Industries on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Greenlam Industries Limited or generate 0.0% return on investment in Greenlam Industries over 90 days. Greenlam Industries is related to or competes with Sonata Software, Pritish Nandy, IdeaForge Technology, UFO Moviez, Megastar Foods, LT Technology, and Reliance Communications. Greenlam Industries is entity of India. It is traded as Stock on NSE exchange. More
Greenlam Industries 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 Greenlam Industries' 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 Greenlam Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0888 | |||
| Maximum Drawdown | 21.07 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 5.56 |
Greenlam Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenlam Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenlam Industries' standard deviation. In reality, there are many statistical measures that can use Greenlam Industries historical prices to predict the future Greenlam Industries' volatility.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 0.4036 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1588 | |||
| Treynor Ratio | 1.65 |
Greenlam Industries Backtested Returns
Greenlam Industries appears to be very steady, given 3 months investment horizon. Greenlam Industries holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Greenlam Industries, which you can use to evaluate the volatility of the firm. Please utilize Greenlam Industries' Market Risk Adjusted Performance of 1.66, downside deviation of 1.94, and Risk Adjusted Performance of 0.1282 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Greenlam Industries holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Greenlam Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenlam Industries is expected to be smaller as well. Please check Greenlam Industries' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Greenlam Industries' current trending patterns will revert.
Auto-correlation | 0.78 |
Good predictability
Greenlam Industries Limited has good predictability. Overlapping area represents the amount of predictability between Greenlam Industries time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Greenlam Industries price movement. The serial correlation of 0.78 indicates that around 78.0% of current Greenlam Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 331.88 |
Greenlam Industries lagged returns against current returns
Autocorrelation, which is Greenlam Industries 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 Greenlam Industries' stock expected returns. We can calculate the autocorrelation of Greenlam Industries returns to help us make a trade decision. For example, suppose you find that Greenlam Industries 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 |
Greenlam Industries 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 Greenlam Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenlam Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenlam Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Greenlam Industries Lagged Returns
When evaluating Greenlam Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenlam Industries stock have on its future price. Greenlam Industries 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, Greenlam Industries autocorrelation shows the relationship between Greenlam Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Greenlam Industries 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 Greenlam Stock
Greenlam Industries financial ratios help investors to determine whether Greenlam 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 Greenlam with respect to the benefits of owning Greenlam Industries security.