PTL Enterprises (India) Market Value
| PTL Stock | 38.80 0.08 0.21% |
| Symbol | PTL |
PTL Enterprises '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 PTL Enterprises' 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 PTL Enterprises.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in PTL Enterprises on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding PTL Enterprises Limited or generate 0.0% return on investment in PTL Enterprises over 90 days. PTL Enterprises is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. PTL Enterprises is entity of India. It is traded as Stock on NSE exchange. More
PTL Enterprises 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 PTL Enterprises' 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 PTL Enterprises Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0062 | |||
| Maximum Drawdown | 8.24 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.73 |
PTL Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTL Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTL Enterprises' standard deviation. In reality, there are many statistical measures that can use PTL Enterprises historical prices to predict the future PTL Enterprises' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.1667 | |||
| Treynor Ratio | 0.5569 |
PTL Enterprises Backtested Returns
PTL Enterprises maintains Sharpe Ratio (i.e., Efficiency) of -0.0874, which implies the firm had a -0.0874 % return per unit of volatility over the last 3 months. PTL Enterprises exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTL Enterprises' coefficient of variation of (1,758), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PTL Enterprises are expected to decrease at a much lower rate. During the bear market, PTL Enterprises is likely to outperform the market. At this point, PTL Enterprises has a negative expected return of -0.16%. Please make sure to check PTL Enterprises' kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if PTL Enterprises performance from the past will be repeated at some future point.
Auto-correlation | 0.01 |
Virtually no predictability
PTL Enterprises Limited has virtually no predictability. Overlapping area represents the amount of predictability between PTL Enterprises time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 PTL Enterprises price movement. The serial correlation of 0.01 indicates that just 1.0% of current PTL Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
PTL Enterprises lagged returns against current returns
Autocorrelation, which is PTL Enterprises 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 PTL Enterprises' stock expected returns. We can calculate the autocorrelation of PTL Enterprises returns to help us make a trade decision. For example, suppose you find that PTL Enterprises 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 |
PTL Enterprises 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 PTL Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTL Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTL Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
PTL Enterprises Lagged Returns
When evaluating PTL Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTL Enterprises stock have on its future price. PTL Enterprises 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, PTL Enterprises autocorrelation shows the relationship between PTL Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in PTL Enterprises 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 PTL Stock
PTL Enterprises financial ratios help investors to determine whether PTL 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 PTL with respect to the benefits of owning PTL Enterprises security.