GTL (India) Market Value
| GTL Stock | 8.22 0.11 1.32% |
| Symbol | GTL |
GTL '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 GTL'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 GTL.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in GTL on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding GTL Limited or generate 0.0% return on investment in GTL over 90 days. GTL is related to or competes with Neogen Chemicals, Alkyl Amines, Sintex Plastics, Kewal Kiran, Bhagiradha Chemicals, and Elgi Rubber. GTL is entity of India. It is traded as Stock on NSE exchange. More
GTL 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 GTL'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 GTL Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 12.4 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 3.61 |
GTL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GTL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GTL's standard deviation. In reality, there are many statistical measures that can use GTL historical prices to predict the future GTL's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (3.11) |
GTL Limited Backtested Returns
GTL Limited holds Efficiency (Sharpe) Ratio of -0.28, which attests that the entity had a -0.28 % return per unit of risk over the last 3 months. GTL Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GTL's Market Risk Adjusted Performance of (3.10), risk adjusted performance of (0.24), and Coefficient Of Variation of (346.51) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GTL's returns are expected to increase less than the market. However, during the bear market, the loss of holding GTL is expected to be smaller as well. At this point, GTL Limited has a negative expected return of -0.75%. Please make sure to check out GTL's total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if GTL Limited performance from the past will be repeated at future time.
Auto-correlation | 0.82 |
Very good predictability
GTL Limited has very good predictability. Overlapping area represents the amount of predictability between GTL 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 GTL Limited price movement. The serial correlation of 0.82 indicates that around 82.0% of current GTL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
GTL Limited lagged returns against current returns
Autocorrelation, which is GTL 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 GTL's stock expected returns. We can calculate the autocorrelation of GTL returns to help us make a trade decision. For example, suppose you find that GTL 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 |
GTL 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 GTL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GTL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GTL stock over time.
Current vs Lagged Prices |
| Timeline |
GTL Lagged Returns
When evaluating GTL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GTL stock have on its future price. GTL 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, GTL autocorrelation shows the relationship between GTL stock current value and its past values and can show if there is a momentum factor associated with investing in GTL 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 GTL Stock
GTL financial ratios help investors to determine whether GTL 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 GTL with respect to the benefits of owning GTL security.