MakeMyTrip (Germany) Market Value
| MY1 Stock | EUR 85.32 0.70 0.81% |
| Symbol | MakeMyTrip |
MakeMyTrip '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 MakeMyTrip'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 MakeMyTrip.
| 06/23/2025 |
| 07/23/2025 |
If you would invest 0.00 in MakeMyTrip on June 23, 2025 and sell it all today you would earn a total of 0.00 from holding MakeMyTrip Limited or generate 0.0% return on investment in MakeMyTrip over 30 days. MakeMyTrip is related to or competes with Neinor Homes, Cleanaway Waste, Pets At, Corporate Travel, Beazer Homes, Taylor Morrison, and Corporate Office. MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and internationally More
MakeMyTrip 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 MakeMyTrip'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 MakeMyTrip Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 16.57 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.3 |
MakeMyTrip Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MakeMyTrip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MakeMyTrip's standard deviation. In reality, there are many statistical measures that can use MakeMyTrip historical prices to predict the future MakeMyTrip's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.10) |
MakeMyTrip Limited Backtested Returns
MakeMyTrip Limited has Sharpe Ratio of -0.019, which conveys that the firm had a -0.019 % return per unit of risk over the last 3 months. MakeMyTrip exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MakeMyTrip's Standard Deviation of 2.62, risk adjusted performance of (0.01), and Mean Deviation of 1.77 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MakeMyTrip's returns are expected to increase less than the market. However, during the bear market, the loss of holding MakeMyTrip is expected to be smaller as well. At this point, MakeMyTrip Limited has a negative expected return of -0.0498%. Please make sure to verify MakeMyTrip's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if MakeMyTrip Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
MakeMyTrip Limited has poor reverse predictability. Overlapping area represents the amount of predictability between MakeMyTrip time series from 23rd of June 2025 to 8th of July 2025 and 8th of July 2025 to 23rd 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 MakeMyTrip Limited price movement. The serial correlation of -0.38 indicates that just about 38.0% of current MakeMyTrip price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 7.3 |
MakeMyTrip Limited lagged returns against current returns
Autocorrelation, which is MakeMyTrip 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 MakeMyTrip's stock expected returns. We can calculate the autocorrelation of MakeMyTrip returns to help us make a trade decision. For example, suppose you find that MakeMyTrip 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 |
MakeMyTrip 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 MakeMyTrip stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MakeMyTrip stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MakeMyTrip stock over time.
Current vs Lagged Prices |
| Timeline |
MakeMyTrip Lagged Returns
When evaluating MakeMyTrip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MakeMyTrip stock have on its future price. MakeMyTrip 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, MakeMyTrip autocorrelation shows the relationship between MakeMyTrip stock current value and its past values and can show if there is a momentum factor associated with investing in MakeMyTrip Limited.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in MakeMyTrip Stock
When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:Check out MakeMyTrip Correlation, MakeMyTrip Volatility and MakeMyTrip Alpha and Beta module to complement your research on MakeMyTrip. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
MakeMyTrip technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.