G-Tec Jainx (India) Market Value

GTECJAINX   33.81  1.55  4.80%   
G-Tec Jainx's market value is the price at which a share of G-Tec Jainx trades on a public exchange. It measures the collective expectations of G Tec Jainx Education investors about its performance. G-Tec Jainx is trading at 33.81 as of the 18th of March 2025. This is a 4.80 percent increase since the beginning of the trading day. The stock's open price was 32.26.
With this module, you can estimate the performance of a buy and hold strategy of G Tec Jainx Education and determine expected loss or profit from investing in G-Tec Jainx over a given investment horizon. Check out G-Tec Jainx Correlation, G-Tec Jainx Volatility and G-Tec Jainx Alpha and Beta module to complement your research on G-Tec Jainx.
Symbol

Please note, there is a significant difference between G-Tec Jainx's value and its price as these two are different measures arrived at by different means. Investors typically determine if G-Tec Jainx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G-Tec Jainx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

G-Tec Jainx '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 G-Tec Jainx'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 G-Tec Jainx.
0.00
12/18/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in G-Tec Jainx on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding G Tec Jainx Education or generate 0.0% return on investment in G-Tec Jainx over 90 days. G-Tec Jainx is related to or competes with Shyam Metalics, Hisar Metal, EMBASSY OFFICE, UFO Moviez, Shivalik Bimetal, 21st Century, and Tips Music. G-Tec Jainx is entity of India. It is traded as Stock on NSE exchange. More

G-Tec Jainx 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 G-Tec Jainx'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 G Tec Jainx Education upside and downside potential and time the market with a certain degree of confidence.

G-Tec Jainx Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for G-Tec Jainx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as G-Tec Jainx's standard deviation. In reality, there are many statistical measures that can use G-Tec Jainx historical prices to predict the future G-Tec Jainx's volatility.
Hype
Prediction
LowEstimatedHigh
30.9733.7336.49
Details
Intrinsic
Valuation
LowRealHigh
25.7028.4637.19
Details

G Tec Jainx Backtested Returns

G Tec Jainx holds Efficiency (Sharpe) Ratio of -0.0445, which attests that the company had a -0.0445 % return per unit of volatility over the last 3 months. G Tec Jainx exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out G-Tec Jainx's market risk adjusted performance of (12.50), and Coefficient Of Variation of (2,233) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.0109, which attests to not very significant fluctuations relative to the market. As returns on the market increase, G-Tec Jainx's returns are expected to increase less than the market. However, during the bear market, the loss of holding G-Tec Jainx is expected to be smaller as well. At this point, G Tec Jainx has a negative expected return of -0.12%. Please make sure to check out G-Tec Jainx's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if G Tec Jainx performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.55  

Modest predictability

G Tec Jainx Education has modest predictability. Overlapping area represents the amount of predictability between G-Tec Jainx time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 G Tec Jainx price movement. The serial correlation of 0.55 indicates that about 55.0% of current G-Tec Jainx price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.49
Residual Average0.0
Price Variance3.83

G Tec Jainx lagged returns against current returns

Autocorrelation, which is G-Tec Jainx 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 G-Tec Jainx's stock expected returns. We can calculate the autocorrelation of G-Tec Jainx returns to help us make a trade decision. For example, suppose you find that G-Tec Jainx 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  

G-Tec Jainx 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 G-Tec Jainx stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if G-Tec Jainx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in G-Tec Jainx stock over time.
   Current vs Lagged Prices   
       Timeline  

G-Tec Jainx Lagged Returns

When evaluating G-Tec Jainx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of G-Tec Jainx stock have on its future price. G-Tec Jainx 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, G-Tec Jainx autocorrelation shows the relationship between G-Tec Jainx stock current value and its past values and can show if there is a momentum factor associated with investing in G Tec Jainx Education.
   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 G-Tec Stock

G-Tec Jainx financial ratios help investors to determine whether G-Tec 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 G-Tec with respect to the benefits of owning G-Tec Jainx security.