PNC Infratech (India) Market Value
| PNCINFRA | 308.10 1.15 0.37% |
| Symbol | PNC |
PNC Infratech '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 PNC Infratech'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 PNC Infratech.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in PNC Infratech on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding PNC Infratech Limited or generate 0.0% return on investment in PNC Infratech over 690 days. PNC Infratech is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. PNC Infratech is entity of India. It is traded as Stock on NSE exchange. More
PNC Infratech 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 PNC Infratech'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 PNC Infratech Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 24.43 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 4.43 |
PNC Infratech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PNC Infratech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PNC Infratech's standard deviation. In reality, there are many statistical measures that can use PNC Infratech historical prices to predict the future PNC Infratech's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.29) |
PNC Infratech Limited Backtested Returns
PNC Infratech Limited retains Efficiency (Sharpe Ratio) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. PNC Infratech exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PNC Infratech's coefficient of variation of (842.56), and Market Risk Adjusted Performance of (0.28) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.54, which implies 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, PNC Infratech will likely underperform. At this point, PNC Infratech Limited has a negative expected return of -0.49%. Please make sure to check PNC Infratech's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if PNC Infratech Limited performance from the past will be repeated at future time.
Auto-correlation | -0.03 |
Very weak reverse predictability
PNC Infratech Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between PNC Infratech time series from 4th of February 2023 to 15th of January 2024 and 15th of January 2024 to 25th 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 PNC Infratech Limited price movement. The serial correlation of -0.03 indicates that only 3.0% of current PNC Infratech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 4173.1 |
PNC Infratech Limited lagged returns against current returns
Autocorrelation, which is PNC Infratech 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 PNC Infratech's stock expected returns. We can calculate the autocorrelation of PNC Infratech returns to help us make a trade decision. For example, suppose you find that PNC Infratech 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 |
PNC Infratech 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 PNC Infratech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PNC Infratech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PNC Infratech stock over time.
Current vs Lagged Prices |
| Timeline |
PNC Infratech Lagged Returns
When evaluating PNC Infratech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PNC Infratech stock have on its future price. PNC Infratech 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, PNC Infratech autocorrelation shows the relationship between PNC Infratech stock current value and its past values and can show if there is a momentum factor associated with investing in PNC Infratech 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.Additional Tools for PNC Stock Analysis
When running PNC Infratech's price analysis, check to measure PNC Infratech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PNC Infratech is operating at the current time. Most of PNC Infratech's value examination focuses on studying past and present price action to predict the probability of PNC Infratech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Infratech's price. Additionally, you may evaluate how the addition of PNC Infratech to your portfolios can decrease your overall portfolio volatility.