Tera Software (India) Market Value
| TERASOFT | 182.02 8.20 4.72% |
| Symbol | Tera |
Tera Software '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 Tera Software'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 Tera Software.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Tera Software on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Tera Software Limited or generate 0.0% return on investment in Tera Software over 90 days. Tera Software is related to or competes with Cartrade Tech, Nucleus Software, FCS Software, R S, Future Retail, Osia Hyper, and United Drilling. Tera Software is entity of India. It is traded as Stock on NSE exchange. More
Tera Software 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 Tera Software'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 Tera Software Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0247 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 5.0 |
Tera Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tera Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tera Software's standard deviation. In reality, there are many statistical measures that can use Tera Software historical prices to predict the future Tera Software's volatility.| Risk Adjusted Performance | (0.0005) | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | 0.3363 | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tera Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tera Software Limited Backtested Returns
Tera Software Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0263, which indicates the firm had a -0.0263 % return per unit of risk over the last 3 months. Tera Software Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tera Software's Risk Adjusted Performance of (0.0005), variance of 8.83, and Coefficient Of Variation of (11,544) to confirm the risk estimate we provide. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tera Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tera Software is expected to be smaller as well. At this point, Tera Software Limited has a negative expected return of -0.0818%. Please make sure to validate Tera Software's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Tera Software Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Tera Software Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Tera Software time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Tera Software Limited price movement. The serial correlation of -0.48 indicates that about 48.0% of current Tera Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 744.53 |
Tera Software Limited lagged returns against current returns
Autocorrelation, which is Tera Software 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 Tera Software's stock expected returns. We can calculate the autocorrelation of Tera Software returns to help us make a trade decision. For example, suppose you find that Tera Software 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 |
Tera Software 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 Tera Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tera Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tera Software stock over time.
Current vs Lagged Prices |
| Timeline |
Tera Software Lagged Returns
When evaluating Tera Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tera Software stock have on its future price. Tera Software 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, Tera Software autocorrelation shows the relationship between Tera Software stock current value and its past values and can show if there is a momentum factor associated with investing in Tera Software 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 Tera Stock
Tera Software financial ratios help investors to determine whether Tera 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 Tera with respect to the benefits of owning Tera Software security.