Indian OilLimited (India) Market Value
| IOC Stock | 125.67 0.43 0.34% |
| Symbol | Indian |
Indian OilLimited '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 OilLimited'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 Indian OilLimited.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Indian OilLimited on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Indian Oil or generate 0.0% return on investment in Indian OilLimited over 90 days. Indian OilLimited is related to or competes with Gujarat Fluorochemicals, Radaan Mediaworks, Krebs Biochemicals, Bharatiya Global, Touchwood Entertainment, Southern Petrochemicals, and DMCC SPECIALITY. More
Indian OilLimited 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 OilLimited'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 Indian Oil upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.9 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 2.77 |
Indian OilLimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indian OilLimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indian OilLimited's standard deviation. In reality, there are many statistical measures that can use Indian OilLimited historical prices to predict the future Indian OilLimited's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.0486 | |||
| Treynor Ratio | (5.37) |
Indian OilLimited Backtested Returns
Indian OilLimited holds Efficiency (Sharpe) Ratio of -0.0957, which attests that the entity had a -0.0957 % return per unit of risk over the last 3 months. Indian OilLimited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indian OilLimited's Market Risk Adjusted Performance of (5.36), risk adjusted performance of (0.08), and Standard Deviation of 1.98 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0372, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indian OilLimited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indian OilLimited is expected to be smaller as well. At this point, Indian OilLimited has a negative expected return of -0.19%. Please make sure to check out Indian OilLimited's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Indian OilLimited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Indian Oil has poor predictability. Overlapping area represents the amount of predictability between Indian OilLimited 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 OilLimited price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Indian OilLimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 14.08 |
Indian OilLimited lagged returns against current returns
Autocorrelation, which is Indian OilLimited 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 OilLimited's stock expected returns. We can calculate the autocorrelation of Indian OilLimited returns to help us make a trade decision. For example, suppose you find that Indian OilLimited 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 OilLimited 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 OilLimited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indian OilLimited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indian OilLimited stock over time.
Current vs Lagged Prices |
| Timeline |
Indian OilLimited Lagged Returns
When evaluating Indian OilLimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indian OilLimited stock have on its future price. Indian OilLimited 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 OilLimited autocorrelation shows the relationship between Indian OilLimited stock current value and its past values and can show if there is a momentum factor associated with investing in Indian Oil.
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 OilLimited 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 OilLimited security.