ITI (India) Market Value
| ITI Stock | 248.08 5.28 2.08% |
| Symbol | ITI |
ITI '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 ITI'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 ITI.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in ITI on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding ITI Limited or generate 0.0% return on investment in ITI over 90 days. ITI is related to or competes with Kotak Mahindra, Alkali Metals, Gokul Refoils, Total Transport, LLOYDS METALS, ICICI Bank, and IDFC First. ITI is entity of India. It is traded as Stock on NSE exchange. More
ITI 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 ITI'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 ITI Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 29.98 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 5.92 |
ITI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ITI's standard deviation. In reality, there are many statistical measures that can use ITI historical prices to predict the future ITI's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | 0.2372 | |||
| Treynor Ratio | 0.5944 |
ITI Limited Backtested Returns
ITI Limited holds Efficiency (Sharpe) Ratio of -0.089, which attests that the entity had a -0.089 % return per unit of risk over the last 3 months. ITI Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITI's Market Risk Adjusted Performance of 0.6044, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,259) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ITI are expected to decrease at a much lower rate. During the bear market, ITI is likely to outperform the market. At this point, ITI Limited has a negative expected return of -0.49%. Please make sure to check out ITI's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if ITI Limited performance from the past will be repeated at future time.
Auto-correlation | -0.26 |
Weak reverse predictability
ITI Limited has weak reverse predictability. Overlapping area represents the amount of predictability between ITI 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 ITI Limited price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current ITI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 509.92 |
ITI Limited lagged returns against current returns
Autocorrelation, which is ITI 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 ITI's stock expected returns. We can calculate the autocorrelation of ITI returns to help us make a trade decision. For example, suppose you find that ITI 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 |
ITI 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 ITI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ITI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ITI stock over time.
Current vs Lagged Prices |
| Timeline |
ITI Lagged Returns
When evaluating ITI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ITI stock have on its future price. ITI 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, ITI autocorrelation shows the relationship between ITI stock current value and its past values and can show if there is a momentum factor associated with investing in ITI 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 ITI Stock
ITI financial ratios help investors to determine whether ITI 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 ITI with respect to the benefits of owning ITI security.