TECIL Chemicals (India) Market Value
| TECILCHEM | 25.64 1.08 4.40% |
| Symbol | TECIL |
TECIL Chemicals '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 TECIL Chemicals' 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 TECIL Chemicals.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in TECIL Chemicals on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding TECIL Chemicals and or generate 0.0% return on investment in TECIL Chemicals over 30 days. TECIL Chemicals is related to or competes with Bikaji Foods, MIRC Electronics, Shyam Telecom, Uniinfo Telecom, Embassy Office, WESTLIFE FOODWORLD, and Elin Electronics. More
TECIL Chemicals 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 TECIL Chemicals' 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 TECIL Chemicals and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.0367 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.49 |
TECIL Chemicals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TECIL Chemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TECIL Chemicals' standard deviation. In reality, there are many statistical measures that can use TECIL Chemicals historical prices to predict the future TECIL Chemicals' volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.1161 | |||
| Total Risk Alpha | 0.1373 | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | 0.108 |
TECIL Chemicals Backtested Returns
TECIL Chemicals is not too volatile at the moment. TECIL Chemicals retains Efficiency (Sharpe Ratio) of 0.0378, which indicates the firm had a 0.0378 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for TECIL Chemicals, which you can use to evaluate the volatility of the company. Please validate TECIL Chemicals' risk adjusted performance of 0.0355, and Downside Deviation of 3.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. TECIL Chemicals has a performance score of 2 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 1.01, which indicates a somewhat significant risk relative to the market. TECIL Chemicals returns are very sensitive to returns on the market. As the market goes up or down, TECIL Chemicals is expected to follow. TECIL Chemicals now owns a risk of 3.16%. Please validate TECIL Chemicals and semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if TECIL Chemicals and will be following its current price history.
Auto-correlation | -0.69 |
Very good reverse predictability
TECIL Chemicals and has very good reverse predictability. Overlapping area represents the amount of predictability between TECIL Chemicals time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 TECIL Chemicals price movement. The serial correlation of -0.69 indicates that around 69.0% of current TECIL Chemicals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
TECIL Chemicals lagged returns against current returns
Autocorrelation, which is TECIL Chemicals 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 TECIL Chemicals' stock expected returns. We can calculate the autocorrelation of TECIL Chemicals returns to help us make a trade decision. For example, suppose you find that TECIL Chemicals 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 |
TECIL Chemicals 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 TECIL Chemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TECIL Chemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TECIL Chemicals stock over time.
Current vs Lagged Prices |
| Timeline |
TECIL Chemicals Lagged Returns
When evaluating TECIL Chemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TECIL Chemicals stock have on its future price. TECIL Chemicals 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, TECIL Chemicals autocorrelation shows the relationship between TECIL Chemicals stock current value and its past values and can show if there is a momentum factor associated with investing in TECIL Chemicals and.
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 TECIL Stock
TECIL Chemicals financial ratios help investors to determine whether TECIL 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 TECIL with respect to the benefits of owning TECIL Chemicals security.