State Trading (India) Market Value
| STCINDIA | 112.83 7.45 7.07% |
| Symbol | State |
State Trading '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 State Trading'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 State Trading.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in State Trading on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding The State Trading or generate 0.0% return on investment in State Trading over 90 days. State Trading is related to or competes with Hexa Tradex, V2 Retail, Navneet Education, Credo Brands, One 97, V-Mart Retail, and Shyam Telecom. State Trading is entity of India. It is traded as Stock on NSE exchange. More
State Trading 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 State Trading'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 The State Trading upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (5.40) | |||
| Potential Upside | 3.61 |
State Trading Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Trading's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as State Trading's standard deviation. In reality, there are many statistical measures that can use State Trading historical prices to predict the future State Trading's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 6.74 |
State Trading Backtested Returns
State Trading owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15 % return per unit of risk over the last 3 months. The State Trading exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate State Trading's Variance of 8.3, risk adjusted performance of (0.20), and Coefficient Of Variation of (420.00) to confirm the risk estimate we provide. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning State Trading are expected to decrease at a much lower rate. During the bear market, State Trading is likely to outperform the market. At this point, State Trading has a negative expected return of -0.46%. Please make sure to validate State Trading's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if State Trading performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
The State Trading has modest predictability. Overlapping area represents the amount of predictability between State Trading time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 State Trading price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current State Trading price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 129.59 |
State Trading lagged returns against current returns
Autocorrelation, which is State Trading 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 State Trading's stock expected returns. We can calculate the autocorrelation of State Trading returns to help us make a trade decision. For example, suppose you find that State Trading 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 |
State Trading 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 State Trading stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if State Trading stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in State Trading stock over time.
Current vs Lagged Prices |
| Timeline |
State Trading Lagged Returns
When evaluating State Trading's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of State Trading stock have on its future price. State Trading 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, State Trading autocorrelation shows the relationship between State Trading stock current value and its past values and can show if there is a momentum factor associated with investing in The State Trading.
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 State Stock
State Trading financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Trading security.