Ortel Communications (India) Market Value

ORTEL Stock   1.98  0.00  0.00%   
Ortel Communications' market value is the price at which a share of Ortel Communications trades on a public exchange. It measures the collective expectations of Ortel Communications Limited investors about its performance. Ortel Communications is selling at 1.98 as of the 17th of March 2025; that is No Change since the beginning of the trading day. The stock's open price was 1.98.
With this module, you can estimate the performance of a buy and hold strategy of Ortel Communications Limited and determine expected loss or profit from investing in Ortel Communications over a given investment horizon. Check out Ortel Communications Correlation, Ortel Communications Volatility and Ortel Communications Alpha and Beta module to complement your research on Ortel Communications.
Symbol

Please note, there is a significant difference between Ortel Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ortel Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ortel Communications' 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.

Ortel Communications '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 Ortel Communications' 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 Ortel Communications.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Ortel Communications on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ortel Communications Limited or generate 0.0% return on investment in Ortel Communications over 90 days. Ortel Communications is related to or competes with LT Technology, Cambridge Technology, Cybertech Systems, Newgen Software, Sarthak Metals, PNC Infratech, and Agro Tech. Ortel Communications is entity of India. It is traded as Stock on NSE exchange. More

Ortel Communications 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 Ortel Communications' 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 Ortel Communications Limited upside and downside potential and time the market with a certain degree of confidence.

Ortel Communications Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ortel Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ortel Communications' standard deviation. In reality, there are many statistical measures that can use Ortel Communications historical prices to predict the future Ortel Communications' volatility.
Hype
Prediction
LowEstimatedHigh
0.101.984.95
Details
Intrinsic
Valuation
LowRealHigh
0.081.654.62
Details
Naive
Forecast
LowNextHigh
0.042.115.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.701.922.13
Details

Ortel Communications Backtested Returns

Ortel Communications maintains Sharpe Ratio (i.e., Efficiency) of -0.0799, which implies the firm had a -0.0799 % return per unit of risk over the last 3 months. Ortel Communications exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ortel Communications' Risk Adjusted Performance of (0.06), coefficient of variation of (1,384), and Variance of 8.15 to confirm the risk estimate we provide. The company holds a Beta of -0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ortel Communications are expected to decrease at a much lower rate. During the bear market, Ortel Communications is likely to outperform the market. At this point, Ortel Communications has a negative expected return of -0.24%. Please make sure to check Ortel Communications' total risk alpha and rate of daily change , to decide if Ortel Communications performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.09  

Very weak reverse predictability

Ortel Communications Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Ortel Communications time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Ortel Communications price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Ortel Communications price fluctuation can be explain by its past prices.
Correlation Coefficient-0.09
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.02

Ortel Communications lagged returns against current returns

Autocorrelation, which is Ortel Communications 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 Ortel Communications' stock expected returns. We can calculate the autocorrelation of Ortel Communications returns to help us make a trade decision. For example, suppose you find that Ortel Communications 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  

Ortel Communications 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 Ortel Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ortel Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ortel Communications stock over time.
   Current vs Lagged Prices   
       Timeline  

Ortel Communications Lagged Returns

When evaluating Ortel Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ortel Communications stock have on its future price. Ortel Communications 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, Ortel Communications autocorrelation shows the relationship between Ortel Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Ortel Communications 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 Ortel Stock

Ortel Communications financial ratios help investors to determine whether Ortel 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 Ortel with respect to the benefits of owning Ortel Communications security.