ADF Foods (India) Market Value
| ADFFOODS | 339.45 1.30 0.38% |
| Symbol | ADF |
ADF Foods '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 ADF Foods' 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 ADF Foods.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in ADF Foods on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding ADF Foods Limited or generate 0.0% return on investment in ADF Foods over 30 days. ADF Foods is related to or competes with Advani Hotels, Praxis Home, Kamat Hotels, Osia Hyper, Asian Hotels, Taj GVK, and Computer Age. ADF Foods is entity of India. It is traded as Stock on NSE exchange. More
ADF Foods 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 ADF Foods' 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 ADF Foods Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.0835 | |||
| Maximum Drawdown | 19.18 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 6.13 |
ADF Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADF Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADF Foods' standard deviation. In reality, there are many statistical measures that can use ADF Foods historical prices to predict the future ADF Foods' volatility.| Risk Adjusted Performance | 0.0953 | |||
| Jensen Alpha | 0.2717 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 0.3076 |
ADF Foods Limited Backtested Returns
ADF Foods appears to be very steady, given 3 months investment horizon. ADF Foods Limited secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for ADF Foods Limited, which you can use to evaluate the volatility of the firm. Please makes use of ADF Foods' Mean Deviation of 2.77, downside deviation of 2.86, and Risk Adjusted Performance of 0.0953 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ADF Foods holds a performance score of 9. The firm shows a Beta (market volatility) of 1.33, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ADF Foods will likely underperform. Please check ADF Foods' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether ADF Foods' price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
ADF Foods Limited has very good reverse predictability. Overlapping area represents the amount of predictability between ADF Foods time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ADF Foods Limited price movement. The serial correlation of -0.69 indicates that around 69.0% of current ADF Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 317.07 |
ADF Foods Limited lagged returns against current returns
Autocorrelation, which is ADF Foods 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 ADF Foods' stock expected returns. We can calculate the autocorrelation of ADF Foods returns to help us make a trade decision. For example, suppose you find that ADF Foods 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 |
ADF Foods 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 ADF Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADF Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADF Foods stock over time.
Current vs Lagged Prices |
| Timeline |
ADF Foods Lagged Returns
When evaluating ADF Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADF Foods stock have on its future price. ADF Foods 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, ADF Foods autocorrelation shows the relationship between ADF Foods stock current value and its past values and can show if there is a momentum factor associated with investing in ADF Foods 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.Other Information on Investing in ADF Stock
ADF Foods financial ratios help investors to determine whether ADF 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 ADF with respect to the benefits of owning ADF Foods security.