Coal India (India) Market Value
| COALINDIA | 396.40 0.55 0.14% |
| Symbol | Coal |
Coal India '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 Coal India'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 Coal India.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Coal India on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Coal India Limited or generate 0.0% return on investment in Coal India over 90 days. Coal India is related to or competes with Hisar Metal, Man Infraconstructio, Hindustan Construction, Generic Engineering, Alkali Metals, Vertoz Advertising, and Hindustan Copper. More
Coal India 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 Coal India'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 Coal India Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.0939 | |||
| Maximum Drawdown | 8.35 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.37 |
Coal India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coal India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coal India's standard deviation. In reality, there are many statistical measures that can use Coal India historical prices to predict the future Coal India's volatility.| Risk Adjusted Performance | 0.0544 | |||
| Jensen Alpha | 0.0947 | |||
| Total Risk Alpha | 0.2298 | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | 0.6986 |
Coal India Limited Backtested Returns
At this point, Coal India is very steady. Coal India Limited secures Sharpe Ratio (or Efficiency) of 0.0559, which signifies that the company had a 0.0559 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Coal India Limited, which you can use to evaluate the volatility of the firm. Please confirm Coal India's mean deviation of 1.32, and Risk Adjusted Performance of 0.0544 to double-check if the risk estimate we provide is consistent with the expected return of 0.0956%. Coal India has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coal India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coal India is expected to be smaller as well. Coal India Limited right now shows a risk of 1.71%. Please confirm Coal India Limited value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Coal India Limited will be following its price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
Coal India Limited has insignificant predictability. Overlapping area represents the amount of predictability between Coal India 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 Coal India Limited price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Coal India price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 103.77 |
Coal India Limited lagged returns against current returns
Autocorrelation, which is Coal India 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 Coal India's stock expected returns. We can calculate the autocorrelation of Coal India returns to help us make a trade decision. For example, suppose you find that Coal India 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 |
Coal India 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 Coal India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coal India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coal India stock over time.
Current vs Lagged Prices |
| Timeline |
Coal India Lagged Returns
When evaluating Coal India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coal India stock have on its future price. Coal India 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, Coal India autocorrelation shows the relationship between Coal India stock current value and its past values and can show if there is a momentum factor associated with investing in Coal India 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.Other Information on Investing in Coal Stock
Coal India financial ratios help investors to determine whether Coal 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 Coal with respect to the benefits of owning Coal India security.