Gokul Refoils (India) Market Value
| GOKUL Stock | 44.49 0.75 1.66% |
| Symbol | Gokul |
Gokul Refoils '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 Gokul Refoils' 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 Gokul Refoils.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Gokul Refoils on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Gokul Refoils and or generate 0.0% return on investment in Gokul Refoils over 90 days. Gokul Refoils is related to or competes with Vraj Iron, Sunflag Iron, Kalyani Steels, Ortel Communications, Steelcast, Paramount Communications, and Speciality Restaurants. Gokul Refoils is entity of India. It is traded as Stock on NSE exchange. More
Gokul Refoils 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 Gokul Refoils' 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 Gokul Refoils and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.44 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 3.76 |
Gokul Refoils Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gokul Refoils' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gokul Refoils' standard deviation. In reality, there are many statistical measures that can use Gokul Refoils historical prices to predict the future Gokul Refoils' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.93) |
Gokul Refoils Backtested Returns
Gokul Refoils holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23 % return per unit of risk over the last 3 months. Gokul Refoils exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gokul Refoils' Market Risk Adjusted Performance of (0.92), risk adjusted performance of (0.15), and Standard Deviation of 2.42 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gokul Refoils' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gokul Refoils is expected to be smaller as well. At this point, Gokul Refoils has a negative expected return of -0.56%. Please make sure to check out Gokul Refoils' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Gokul Refoils performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Gokul Refoils and has average predictability. Overlapping area represents the amount of predictability between Gokul Refoils time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Gokul Refoils price movement. The serial correlation of 0.46 indicates that about 46.0% of current Gokul Refoils price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 8.0 |
Gokul Refoils lagged returns against current returns
Autocorrelation, which is Gokul Refoils 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 Gokul Refoils' stock expected returns. We can calculate the autocorrelation of Gokul Refoils returns to help us make a trade decision. For example, suppose you find that Gokul Refoils 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 |
Gokul Refoils 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 Gokul Refoils stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gokul Refoils stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gokul Refoils stock over time.
Current vs Lagged Prices |
| Timeline |
Gokul Refoils Lagged Returns
When evaluating Gokul Refoils' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gokul Refoils stock have on its future price. Gokul Refoils 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, Gokul Refoils autocorrelation shows the relationship between Gokul Refoils stock current value and its past values and can show if there is a momentum factor associated with investing in Gokul Refoils and.
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 Gokul Stock
Gokul Refoils financial ratios help investors to determine whether Gokul 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 Gokul with respect to the benefits of owning Gokul Refoils security.