CHELLARAMS PLC (Nigeria) Market Value
| CHELLARAM | 10.50 0.00 0.00% |
| Symbol | CHELLARAMS |
CHELLARAMS PLC '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 CHELLARAMS PLC'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 CHELLARAMS PLC.
| 05/15/2025 |
| 08/13/2025 |
If you would invest 0.00 in CHELLARAMS PLC on May 15, 2025 and sell it all today you would earn a total of 0.00 from holding CHELLARAMS PLC or generate 0.0% return on investment in CHELLARAMS PLC over 90 days.
CHELLARAMS PLC 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 CHELLARAMS PLC'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 CHELLARAMS PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (0.46) |
CHELLARAMS PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHELLARAMS PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHELLARAMS PLC's standard deviation. In reality, there are many statistical measures that can use CHELLARAMS PLC historical prices to predict the future CHELLARAMS PLC's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.49) |
CHELLARAMS PLC Backtested Returns
CHELLARAMS PLC secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % return per unit of risk over the last 3 months. CHELLARAMS PLC exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHELLARAMS PLC's Mean Deviation of 0.9648, standard deviation of 2.4, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CHELLARAMS PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHELLARAMS PLC is expected to be smaller as well. At this point, CHELLARAMS PLC has a negative expected return of -0.34%. Please make sure to confirm CHELLARAMS PLC's variance, as well as the relationship between the value at risk and day median price , to decide if CHELLARAMS PLC performance from the past will be repeated in the future.
Auto-correlation | -0.62 |
Very good reverse predictability
CHELLARAMS PLC has very good reverse predictability. Overlapping area represents the amount of predictability between CHELLARAMS PLC time series from 15th of May 2025 to 29th of June 2025 and 29th of June 2025 to 13th of August 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 CHELLARAMS PLC price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current CHELLARAMS PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
CHELLARAMS PLC lagged returns against current returns
Autocorrelation, which is CHELLARAMS PLC 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 CHELLARAMS PLC's stock expected returns. We can calculate the autocorrelation of CHELLARAMS PLC returns to help us make a trade decision. For example, suppose you find that CHELLARAMS PLC 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 |
CHELLARAMS PLC 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 CHELLARAMS PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHELLARAMS PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHELLARAMS PLC stock over time.
Current vs Lagged Prices |
| Timeline |
CHELLARAMS PLC Lagged Returns
When evaluating CHELLARAMS PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHELLARAMS PLC stock have on its future price. CHELLARAMS PLC 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, CHELLARAMS PLC autocorrelation shows the relationship between CHELLARAMS PLC stock current value and its past values and can show if there is a momentum factor associated with investing in CHELLARAMS PLC.
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.Additional Tools for CHELLARAMS Stock Analysis
When running CHELLARAMS PLC's price analysis, check to measure CHELLARAMS PLC's 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 CHELLARAMS PLC is operating at the current time. Most of CHELLARAMS PLC's value examination focuses on studying past and present price action to predict the probability of CHELLARAMS PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHELLARAMS PLC's price. Additionally, you may evaluate how the addition of CHELLARAMS PLC to your portfolios can decrease your overall portfolio volatility.