Selan Exploration (India) Market Value
| SELAN Stock | 655.65 2.00 0.31% |
| Symbol | Selan |
Selan Exploration '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 Selan Exploration'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 Selan Exploration.
| 06/19/2025 |
| 07/19/2025 |
If you would invest 0.00 in Selan Exploration on June 19, 2025 and sell it all today you would earn a total of 0.00 from holding Selan Exploration Technology or generate 0.0% return on investment in Selan Exploration over 30 days. Selan Exploration is related to or competes with Medplus Health, Ratnamani Metals, Lotus Eye, Zota Health, Industrial Investment, Yatharth Hospital, and Barbeque Nation. More
Selan Exploration 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 Selan Exploration'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 Selan Exploration Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 14.47 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 5.88 |
Selan Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selan Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Selan Exploration's standard deviation. In reality, there are many statistical measures that can use Selan Exploration historical prices to predict the future Selan Exploration's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.1676 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0552 | |||
| Treynor Ratio | 0.4352 |
Selan Exploration Backtested Returns
Selan Exploration appears to be very steady, given 3 months investment horizon. Selan Exploration owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0959, which indicates the firm had a 0.0959 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Selan Exploration Technology, which you can use to evaluate the volatility of the company. Please review Selan Exploration's Risk Adjusted Performance of 0.0959, semi deviation of 1.79, and Coefficient Of Variation of 1043.22 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Selan Exploration holds a performance score of 7. The entity has a beta of 0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Selan Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Selan Exploration is expected to be smaller as well. Please check Selan Exploration's 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 Selan Exploration's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Selan Exploration Technology has poor predictability. Overlapping area represents the amount of predictability between Selan Exploration time series from 19th of June 2025 to 4th of July 2025 and 4th of July 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 Selan Exploration price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Selan Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 279.58 |
Selan Exploration lagged returns against current returns
Autocorrelation, which is Selan Exploration 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 Selan Exploration's stock expected returns. We can calculate the autocorrelation of Selan Exploration returns to help us make a trade decision. For example, suppose you find that Selan Exploration 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 |
Selan Exploration 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 Selan Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Selan Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Selan Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Selan Exploration Lagged Returns
When evaluating Selan Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Selan Exploration stock have on its future price. Selan Exploration 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, Selan Exploration autocorrelation shows the relationship between Selan Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Selan Exploration Technology.
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 Selan Stock
Selan Exploration financial ratios help investors to determine whether Selan 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 Selan with respect to the benefits of owning Selan Exploration security.