Capacite Infraprojects (India) Market Value
| CAPACITE | 438.10 17.10 3.76% |
| Symbol | Capacite |
Capacite Infraprojects '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 Capacite Infraprojects' 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 Capacite Infraprojects.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Capacite Infraprojects on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Capacite Infraprojects Limited or generate 0.0% return on investment in Capacite Infraprojects over 390 days. Capacite Infraprojects is related to or competes with Reliance Industries, HDFC Bank, Tata Consultancy, Bharti Airtel, Power Finance, State Bank, and ICICI Bank. Capacite Infraprojects is entity of India More
Capacite Infraprojects 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 Capacite Infraprojects' 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 Capacite Infraprojects Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.0618 | |||
| Maximum Drawdown | 13.72 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.91 |
Capacite Infraprojects Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capacite Infraprojects' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capacite Infraprojects' standard deviation. In reality, there are many statistical measures that can use Capacite Infraprojects historical prices to predict the future Capacite Infraprojects' volatility.| Risk Adjusted Performance | 0.0653 | |||
| Jensen Alpha | 0.1856 | |||
| Total Risk Alpha | 0.117 | |||
| Sortino Ratio | 0.0715 | |||
| Treynor Ratio | 0.4366 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capacite Infraprojects' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Capacite Infraprojects Backtested Returns
Capacite Infraprojects appears to be very steady, given 3 months investment horizon. Capacite Infraprojects secures Sharpe Ratio (or Efficiency) of 0.0718, which signifies that the company had a 0.0718% return per unit of risk over the last 3 months. We have found thirty technical indicators for Capacite Infraprojects Limited, which you can use to evaluate the volatility of the firm. Please makes use of Capacite Infraprojects' Mean Deviation of 2.1, risk adjusted performance of 0.0653, and Downside Deviation of 2.42 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Capacite Infraprojects holds a performance score of 5. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capacite Infraprojects' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capacite Infraprojects is expected to be smaller as well. Please check Capacite Infraprojects' jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether Capacite Infraprojects' price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Capacite Infraprojects Limited has below average predictability. Overlapping area represents the amount of predictability between Capacite Infraprojects time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Capacite Infraprojects price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Capacite Infraprojects price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1745.76 |
Capacite Infraprojects lagged returns against current returns
Autocorrelation, which is Capacite Infraprojects 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 Capacite Infraprojects' stock expected returns. We can calculate the autocorrelation of Capacite Infraprojects returns to help us make a trade decision. For example, suppose you find that Capacite Infraprojects 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 |
Capacite Infraprojects 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 Capacite Infraprojects stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capacite Infraprojects stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capacite Infraprojects stock over time.
Current vs Lagged Prices |
| Timeline |
Capacite Infraprojects Lagged Returns
When evaluating Capacite Infraprojects' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capacite Infraprojects stock have on its future price. Capacite Infraprojects 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, Capacite Infraprojects autocorrelation shows the relationship between Capacite Infraprojects stock current value and its past values and can show if there is a momentum factor associated with investing in Capacite Infraprojects Limited.
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 Capacite Stock Analysis
When running Capacite Infraprojects' price analysis, check to measure Capacite Infraprojects' 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 Capacite Infraprojects is operating at the current time. Most of Capacite Infraprojects' value examination focuses on studying past and present price action to predict the probability of Capacite Infraprojects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capacite Infraprojects' price. Additionally, you may evaluate how the addition of Capacite Infraprojects to your portfolios can decrease your overall portfolio volatility.