TCPL Packaging (India) Market Value
| TCPLPACK | 4,572 107.60 2.41% |
| Symbol | TCPL |
TCPL Packaging '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 TCPL Packaging'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 TCPL Packaging.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in TCPL Packaging on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding TCPL Packaging Limited or generate 0.0% return on investment in TCPL Packaging over 90 days. TCPL Packaging is related to or competes with Pritish Nandy, AUTHUM INVESTMENT, Nalwa Sons, United Drilling, Dhunseri Investments, Pilani Investment, and Total Transport. TCPL Packaging is entity of India. It is traded as Stock on NSE exchange. More
TCPL Packaging 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 TCPL Packaging'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 TCPL Packaging Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.1829 | |||
| Maximum Drawdown | 18.38 | |||
| Value At Risk | (5.24) | |||
| Potential Upside | 8.12 |
TCPL Packaging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCPL Packaging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TCPL Packaging's standard deviation. In reality, there are many statistical measures that can use TCPL Packaging historical prices to predict the future TCPL Packaging's volatility.| Risk Adjusted Performance | 0.1483 | |||
| Jensen Alpha | 0.5416 | |||
| Total Risk Alpha | 1.01 | |||
| Sortino Ratio | 0.2167 | |||
| Treynor Ratio | (1.14) |
TCPL Packaging Backtested Returns
TCPL Packaging appears to be very steady, given 3 months investment horizon. TCPL Packaging owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the company had a 0.16 % return per unit of standard deviation over the last 3 months. By examining TCPL Packaging's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review TCPL Packaging's Downside Deviation of 3.18, market risk adjusted performance of (1.13), and Risk Adjusted Performance of 0.1483 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TCPL Packaging holds a performance score of 12. The firm has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TCPL Packaging are expected to decrease at a much lower rate. During the bear market, TCPL Packaging is likely to outperform the market. Please check TCPL Packaging's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether TCPL Packaging's existing price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
TCPL Packaging Limited has very weak predictability. Overlapping area represents the amount of predictability between TCPL Packaging time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 TCPL Packaging price movement. The serial correlation of 0.19 indicates that over 19.0% of current TCPL Packaging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 272.9 K |
TCPL Packaging lagged returns against current returns
Autocorrelation, which is TCPL Packaging 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 TCPL Packaging's stock expected returns. We can calculate the autocorrelation of TCPL Packaging returns to help us make a trade decision. For example, suppose you find that TCPL Packaging 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 |
TCPL Packaging 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 TCPL Packaging stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TCPL Packaging stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TCPL Packaging stock over time.
Current vs Lagged Prices |
| Timeline |
TCPL Packaging Lagged Returns
When evaluating TCPL Packaging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TCPL Packaging stock have on its future price. TCPL Packaging 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, TCPL Packaging autocorrelation shows the relationship between TCPL Packaging stock current value and its past values and can show if there is a momentum factor associated with investing in TCPL Packaging 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 TCPL Stock
TCPL Packaging financial ratios help investors to determine whether TCPL 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 TCPL with respect to the benefits of owning TCPL Packaging security.