Dredging (India) Market Value
| DREDGECORP | 636.15 21.00 3.20% |
| Symbol | Dredging |
Dredging '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 Dredging'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 Dredging.
| 05/11/2025 |
| 08/09/2025 |
If you would invest 0.00 in Dredging on May 11, 2025 and sell it all today you would earn a total of 0.00 from holding Dredging of or generate 0.0% return on investment in Dredging over 90 days. Dredging is related to or competes with Sambhaav Media, Life Insurance, Silver Touch, Next Mediaworks, Elin Electronics, Network18 Media, and Bharatiya Global. Dredging is entity of India. It is traded as Stock on NSE exchange. More
Dredging 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 Dredging'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 Dredging of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0353 | |||
| Maximum Drawdown | 16.97 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 4.0 |
Dredging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dredging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dredging's standard deviation. In reality, there are many statistical measures that can use Dredging historical prices to predict the future Dredging's volatility.| Risk Adjusted Performance | 0.0699 | |||
| Jensen Alpha | 0.1734 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0605 | |||
| Treynor Ratio | 0.6782 |
Dredging Backtested Returns
At this point, Dredging is very steady. Dredging secures Sharpe Ratio (or Efficiency) of 0.0525, which denotes the company had a 0.0525 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dredging of, which you can use to evaluate the volatility of the firm. Please confirm Dredging's Mean Deviation of 1.7, downside deviation of 1.58, and Semi Deviation of 1.44 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Dredging has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dredging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dredging is expected to be smaller as well. Dredging right now shows a risk of 2.65%. Please confirm Dredging treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Dredging will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Dredging of has weak predictability. Overlapping area represents the amount of predictability between Dredging time series from 11th of May 2025 to 25th of June 2025 and 25th of June 2025 to 9th 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 Dredging price movement. The serial correlation of 0.24 indicates that over 24.0% of current Dredging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 423.33 |
Dredging lagged returns against current returns
Autocorrelation, which is Dredging 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 Dredging's stock expected returns. We can calculate the autocorrelation of Dredging returns to help us make a trade decision. For example, suppose you find that Dredging 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 |
Dredging 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 Dredging stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dredging stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dredging stock over time.
Current vs Lagged Prices |
| Timeline |
Dredging Lagged Returns
When evaluating Dredging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dredging stock have on its future price. Dredging 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, Dredging autocorrelation shows the relationship between Dredging stock current value and its past values and can show if there is a momentum factor associated with investing in Dredging of.
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 Dredging Stock
Dredging financial ratios help investors to determine whether Dredging 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 Dredging with respect to the benefits of owning Dredging security.