Cantabil Retail (India) Market Value
| CANTABIL | 279.61 8.65 3.19% |
| Symbol | Cantabil |
Cantabil Retail '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 Cantabil Retail'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 Cantabil Retail.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Cantabil Retail on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Cantabil Retail India or generate 0.0% return on investment in Cantabil Retail over 90 days. Cantabil Retail is related to or competes with TVS Electronics, Vraj Iron, STEEL EXCHANGE, Elgi Rubber, MIRC Electronics, Steelcast, and Sunflag Iron. Cantabil Retail is entity of India. It is traded as Stock on NSE exchange. More
Cantabil Retail 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 Cantabil Retail'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 Cantabil Retail India upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.06 | |||
| Information Ratio | 0.0669 | |||
| Maximum Drawdown | 14.02 | |||
| Value At Risk | (6.55) | |||
| Potential Upside | 6.3 |
Cantabil Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cantabil Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cantabil Retail's standard deviation. In reality, there are many statistical measures that can use Cantabil Retail historical prices to predict the future Cantabil Retail's volatility.| Risk Adjusted Performance | 0.0455 | |||
| Jensen Alpha | 0.1431 | |||
| Total Risk Alpha | 0.5495 | |||
| Sortino Ratio | 0.0602 | |||
| Treynor Ratio | (3.39) |
Cantabil Retail India Backtested Returns
Cantabil Retail is very steady at the moment. Cantabil Retail India secures Sharpe Ratio (or Efficiency) of 0.0477, which signifies that the company had a 0.0477 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cantabil Retail India, which you can use to evaluate the volatility of the firm. Please confirm Cantabil Retail's Risk Adjusted Performance of 0.0455, mean deviation of 2.99, and Downside Deviation of 4.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Cantabil Retail has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0435, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cantabil Retail are expected to decrease at a much lower rate. During the bear market, Cantabil Retail is likely to outperform the market. Cantabil Retail India right now shows a risk of 3.65%. Please confirm Cantabil Retail India total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Cantabil Retail India will be following its price patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Cantabil Retail India has weak reverse predictability. Overlapping area represents the amount of predictability between Cantabil Retail time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 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 Cantabil Retail India price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Cantabil Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 684.94 |
Cantabil Retail India lagged returns against current returns
Autocorrelation, which is Cantabil Retail 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 Cantabil Retail's stock expected returns. We can calculate the autocorrelation of Cantabil Retail returns to help us make a trade decision. For example, suppose you find that Cantabil Retail 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 |
Cantabil Retail 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 Cantabil Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cantabil Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cantabil Retail stock over time.
Current vs Lagged Prices |
| Timeline |
Cantabil Retail Lagged Returns
When evaluating Cantabil Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cantabil Retail stock have on its future price. Cantabil Retail 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, Cantabil Retail autocorrelation shows the relationship between Cantabil Retail stock current value and its past values and can show if there is a momentum factor associated with investing in Cantabil Retail India.
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 Cantabil Stock
Cantabil Retail financial ratios help investors to determine whether Cantabil 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 Cantabil with respect to the benefits of owning Cantabil Retail security.