Tilaknagar Industries (India) Market Value
| TI Stock | 237.45 7.32 2.99% |
| Symbol | Tilaknagar |
Tilaknagar Industries '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 Tilaknagar Industries' 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 Tilaknagar Industries.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Tilaknagar Industries on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Tilaknagar Industries Limited or generate 0.0% return on investment in Tilaknagar Industries over 90 days. Tilaknagar Industries is related to or competes with Jindal Poly, Nalwa Sons, Tata Communications, Tube Investments, Tata InvestmentLimite, Cholamandalam Investment, and Industrial Investment. Tilaknagar Industries is entity of India More
Tilaknagar Industries 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 Tilaknagar Industries' 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 Tilaknagar Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 28.89 | |||
| Value At Risk | (6.57) | |||
| Potential Upside | 4.88 |
Tilaknagar Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tilaknagar Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tilaknagar Industries' standard deviation. In reality, there are many statistical measures that can use Tilaknagar Industries historical prices to predict the future Tilaknagar Industries' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 1.08 |
Tilaknagar Industries Backtested Returns
Tilaknagar Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18 % return per unit of risk over the last 3 months. Tilaknagar Industries Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tilaknagar Industries' Coefficient Of Variation of (530.13), risk adjusted performance of (0.16), and Variance of 17.13 to confirm the risk estimate we provide. The entity has a beta of -0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tilaknagar Industries are expected to decrease at a much lower rate. During the bear market, Tilaknagar Industries is likely to outperform the market. At this point, Tilaknagar Industries has a negative expected return of -0.76%. Please make sure to validate Tilaknagar Industries' skewness, as well as the relationship between the day median price and relative strength index , to decide if Tilaknagar Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Tilaknagar Industries Limited has very weak predictability. Overlapping area represents the amount of predictability between Tilaknagar Industries time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Tilaknagar Industries price movement. The serial correlation of 0.19 indicates that over 19.0% of current Tilaknagar Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 3364.4 |
Tilaknagar Industries lagged returns against current returns
Autocorrelation, which is Tilaknagar Industries 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 Tilaknagar Industries' stock expected returns. We can calculate the autocorrelation of Tilaknagar Industries returns to help us make a trade decision. For example, suppose you find that Tilaknagar Industries 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 |
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Tilaknagar Industries 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 Tilaknagar Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tilaknagar Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tilaknagar Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Tilaknagar Industries Lagged Returns
When evaluating Tilaknagar Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tilaknagar Industries stock have on its future price. Tilaknagar Industries 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, Tilaknagar Industries autocorrelation shows the relationship between Tilaknagar Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Tilaknagar Industries 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 Tilaknagar Stock
Tilaknagar Industries financial ratios help investors to determine whether Tilaknagar 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 Tilaknagar with respect to the benefits of owning Tilaknagar Industries security.