India Globalization Capital Stock Market Value
| IGC Stock | USD 0.37 0.01 2.63% |
| Symbol | India |
India Globalization Price To Book Ratio
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.20) | Revenue Per Share 0.017 | Quarterly Revenue Growth (0.51) | Return On Assets (0.48) | Return On Equity (1.26) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization'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.
India Globalization '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 India Globalization'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 India Globalization.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in India Globalization on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding India Globalization Capital or generate 0.0% return on investment in India Globalization over 30 days. India Globalization is related to or competes with Oragenics, and VTv Therapeutics. India Globalization Capital, Inc. purchases and resells physical infrastructure commodities More
India Globalization 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 India Globalization'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 India Globalization Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.02 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 32.16 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 5.71 |
India Globalization Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for India Globalization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as India Globalization's standard deviation. In reality, there are many statistical measures that can use India Globalization historical prices to predict the future India Globalization's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0802 |
India Globalization Backtested Returns
At this point, India Globalization is extremely dangerous. India Globalization holds Efficiency (Sharpe) Ratio of 0.0402, which attests that the entity had a 0.0402% return per unit of risk over the last 3 months. We have found thirty technical indicators for India Globalization, which you can use to evaluate the volatility of the firm. Please check out India Globalization's Risk Adjusted Performance of 0.0305, downside deviation of 4.02, and Market Risk Adjusted Performance of 0.0902 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. India Globalization has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.37, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, India Globalization will likely underperform. India Globalization right now retains a risk of 4.13%. Please check out India Globalization maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if India Globalization will be following its current trending patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
India Globalization Capital has poor reverse predictability. Overlapping area represents the amount of predictability between India Globalization time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 India Globalization price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current India Globalization price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
India Globalization lagged returns against current returns
Autocorrelation, which is India Globalization 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 India Globalization's stock expected returns. We can calculate the autocorrelation of India Globalization returns to help us make a trade decision. For example, suppose you find that India Globalization 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 |
India Globalization 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 India Globalization stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if India Globalization stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in India Globalization stock over time.
Current vs Lagged Prices |
| Timeline |
India Globalization Lagged Returns
When evaluating India Globalization's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of India Globalization stock have on its future price. India Globalization 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, India Globalization autocorrelation shows the relationship between India Globalization stock current value and its past values and can show if there is a momentum factor associated with investing in India Globalization Capital.
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.When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:Check out India Globalization Correlation, India Globalization Volatility and India Globalization Alpha and Beta module to complement your research on India Globalization. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
India Globalization technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.