Narayana Hrudayalaya (India) Market Value
| NH Stock | 1,952 9.50 0.48% |
| Symbol | Narayana |
Narayana Hrudayalaya '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 Narayana Hrudayalaya'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 Narayana Hrudayalaya.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Narayana Hrudayalaya on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Narayana Hrudayalaya or generate 0.0% return on investment in Narayana Hrudayalaya over 90 days. Narayana Hrudayalaya is related to or competes with Alkali Metals, Vraj Iron, Steelcast, Ankit Metal, and Vardhman Special. Narayana Hrudayalaya is entity of India. It is traded as Stock on NSE exchange. More
Narayana Hrudayalaya 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 Narayana Hrudayalaya'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 Narayana Hrudayalaya upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 14.54 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 3.5 |
Narayana Hrudayalaya Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Narayana Hrudayalaya's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Narayana Hrudayalaya's standard deviation. In reality, there are many statistical measures that can use Narayana Hrudayalaya historical prices to predict the future Narayana Hrudayalaya's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.1005 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0048 | |||
| Treynor Ratio | 0.4658 |
Narayana Hrudayalaya Backtested Returns
At this point, Narayana Hrudayalaya is very steady. Narayana Hrudayalaya has Sharpe Ratio of 0.0564, which conveys that the firm had a 0.0564 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Narayana Hrudayalaya, which you can use to evaluate the volatility of the firm. Please verify Narayana Hrudayalaya's Risk Adjusted Performance of 0.0723, mean deviation of 1.41, and Downside Deviation of 1.86 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Narayana Hrudayalaya has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Narayana Hrudayalaya's returns are expected to increase less than the market. However, during the bear market, the loss of holding Narayana Hrudayalaya is expected to be smaller as well. Narayana Hrudayalaya right now secures a risk of 2.07%. Please verify Narayana Hrudayalaya potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Narayana Hrudayalaya will be following its current price movements.
Auto-correlation | -0.34 |
Poor reverse predictability
Narayana Hrudayalaya has poor reverse predictability. Overlapping area represents the amount of predictability between Narayana Hrudayalaya 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 Narayana Hrudayalaya price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Narayana Hrudayalaya price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 10.6 K |
Narayana Hrudayalaya lagged returns against current returns
Autocorrelation, which is Narayana Hrudayalaya 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 Narayana Hrudayalaya's stock expected returns. We can calculate the autocorrelation of Narayana Hrudayalaya returns to help us make a trade decision. For example, suppose you find that Narayana Hrudayalaya 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 |
Narayana Hrudayalaya 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 Narayana Hrudayalaya stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Narayana Hrudayalaya stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Narayana Hrudayalaya stock over time.
Current vs Lagged Prices |
| Timeline |
Narayana Hrudayalaya Lagged Returns
When evaluating Narayana Hrudayalaya's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Narayana Hrudayalaya stock have on its future price. Narayana Hrudayalaya 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, Narayana Hrudayalaya autocorrelation shows the relationship between Narayana Hrudayalaya stock current value and its past values and can show if there is a momentum factor associated with investing in Narayana Hrudayalaya.
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 Narayana Stock
Narayana Hrudayalaya financial ratios help investors to determine whether Narayana 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 Narayana with respect to the benefits of owning Narayana Hrudayalaya security.