Manali Petrochemicals (India) Market Value
| MANALIPETC | 79.25 10.13 14.66% |
| Symbol | Manali |
Manali Petrochemicals '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 Manali Petrochemicals' 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 Manali Petrochemicals.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Manali Petrochemicals on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Manali Petrochemicals Limited or generate 0.0% return on investment in Manali Petrochemicals over 90 days. Manali Petrochemicals is related to or competes with Zodiac Clothing, Country Club, Max Healthcare, Fortis Healthcare, Metropolis Healthcare, and MEDI ASSIST. More
Manali Petrochemicals 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 Manali Petrochemicals' 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 Manali Petrochemicals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.1271 | |||
| Maximum Drawdown | 14.5 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 6.92 |
Manali Petrochemicals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manali Petrochemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manali Petrochemicals' standard deviation. In reality, there are many statistical measures that can use Manali Petrochemicals historical prices to predict the future Manali Petrochemicals' volatility.| Risk Adjusted Performance | 0.166 | |||
| Jensen Alpha | 0.5643 | |||
| Total Risk Alpha | 0.0884 | |||
| Sortino Ratio | 0.1901 | |||
| Treynor Ratio | (3.95) |
Manali Petrochemicals Backtested Returns
Manali Petrochemicals appears to be very steady, given 3 months investment horizon. Manali Petrochemicals has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. By analyzing Manali Petrochemicals' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Manali Petrochemicals' Downside Deviation of 2.19, mean deviation of 2.23, and Risk Adjusted Performance of 0.166 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Manali Petrochemicals holds a performance score of 13. The company secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Manali Petrochemicals are expected to decrease at a much lower rate. During the bear market, Manali Petrochemicals is likely to outperform the market. Please check Manali Petrochemicals' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Manali Petrochemicals' current price movements will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Manali Petrochemicals Limited has insignificant predictability. Overlapping area represents the amount of predictability between Manali Petrochemicals time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Manali Petrochemicals price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Manali Petrochemicals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 26.14 |
Manali Petrochemicals lagged returns against current returns
Autocorrelation, which is Manali Petrochemicals 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 Manali Petrochemicals' stock expected returns. We can calculate the autocorrelation of Manali Petrochemicals returns to help us make a trade decision. For example, suppose you find that Manali Petrochemicals 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 |
Manali Petrochemicals 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 Manali Petrochemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manali Petrochemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manali Petrochemicals stock over time.
Current vs Lagged Prices |
| Timeline |
Manali Petrochemicals Lagged Returns
When evaluating Manali Petrochemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manali Petrochemicals stock have on its future price. Manali Petrochemicals 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, Manali Petrochemicals autocorrelation shows the relationship between Manali Petrochemicals stock current value and its past values and can show if there is a momentum factor associated with investing in Manali Petrochemicals 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 Manali Stock Analysis
When running Manali Petrochemicals' price analysis, check to measure Manali Petrochemicals' 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 Manali Petrochemicals is operating at the current time. Most of Manali Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Manali Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manali Petrochemicals' price. Additionally, you may evaluate how the addition of Manali Petrochemicals to your portfolios can decrease your overall portfolio volatility.