Indian Overseas (India) Market Value
| IOB Stock | 41.54 0.55 1.31% |
| Symbol | Indian |
Indian Overseas '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 Indian Overseas' 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 Indian Overseas.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Indian Overseas on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Indian Overseas Bank or generate 0.0% return on investment in Indian Overseas over 90 days. Indian Overseas is related to or competes with Datamatics Global, Mangalore Chemicals, Southern Petrochemicals, Gujarat Fluorochemicals, Can Fin, Tainwala Chemical, and Reliance Home. Indian Overseas is entity of India. It is traded as Stock on NSE exchange. More
Indian Overseas 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 Indian Overseas' 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 Indian Overseas Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 25.48 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 3.07 |
Indian Overseas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indian Overseas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indian Overseas' standard deviation. In reality, there are many statistical measures that can use Indian Overseas historical prices to predict the future Indian Overseas' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (2.81) |
Indian Overseas Bank Backtested Returns
Indian Overseas Bank holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13 % return per unit of risk over the last 3 months. Indian Overseas Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indian Overseas' Market Risk Adjusted Performance of (2.80), standard deviation of 3.22, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indian Overseas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Indian Overseas is expected to be smaller as well. At this point, Indian Overseas Bank has a negative expected return of -0.42%. Please make sure to check out Indian Overseas' standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Indian Overseas Bank performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Indian Overseas Bank has modest predictability. Overlapping area represents the amount of predictability between Indian Overseas time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Indian Overseas Bank price movement. The serial correlation of 0.5 indicates that about 50.0% of current Indian Overseas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 8.97 |
Indian Overseas Bank lagged returns against current returns
Autocorrelation, which is Indian Overseas 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 Indian Overseas' stock expected returns. We can calculate the autocorrelation of Indian Overseas returns to help us make a trade decision. For example, suppose you find that Indian Overseas 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 |
Indian Overseas 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 Indian Overseas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indian Overseas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indian Overseas stock over time.
Current vs Lagged Prices |
| Timeline |
Indian Overseas Lagged Returns
When evaluating Indian Overseas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indian Overseas stock have on its future price. Indian Overseas 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, Indian Overseas autocorrelation shows the relationship between Indian Overseas stock current value and its past values and can show if there is a momentum factor associated with investing in Indian Overseas Bank.
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 Indian Stock
Indian Overseas financial ratios help investors to determine whether Indian 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 Indian with respect to the benefits of owning Indian Overseas security.