Titan Company (India) Market Value
| TITAN Stock | 3,249 36.65 1.14% |
| Symbol | Titan |
Titan Company '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 Titan Company'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 Titan Company.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Titan Company on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Titan Company Limited or generate 0.0% return on investment in Titan Company over 30 days. Titan Company is related to or competes with Kingfa Science, IdeaForge Technology, Bharat Road, Transport, Nucleus Software, Le Travenues, and Music Broadcast. Titan Company is entity of India. It is traded as Stock on NSE exchange. More
Titan Company 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 Titan Company'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 Titan Company Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 1.65 |
Titan Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan Company's standard deviation. In reality, there are many statistical measures that can use Titan Company historical prices to predict the future Titan Company's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 3.27 |
Titan Limited Backtested Returns
Titan Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Titan Company Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Titan Company's Variance of 1.73, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,043) to confirm the risk estimate we provide. The entity has a beta of -0.0417, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Titan Company are expected to decrease at a much lower rate. During the bear market, Titan Company is likely to outperform the market. At this point, Titan Limited has a negative expected return of -0.17%. Please make sure to validate Titan Company's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Titan Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Titan Company Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Titan Company time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Titan Limited price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Titan Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2784.4 |
Titan Limited lagged returns against current returns
Autocorrelation, which is Titan Company 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 Titan Company's stock expected returns. We can calculate the autocorrelation of Titan Company returns to help us make a trade decision. For example, suppose you find that Titan Company 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 |
Titan Company 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 Titan Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan Company stock over time.
Current vs Lagged Prices |
| Timeline |
Titan Company Lagged Returns
When evaluating Titan Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan Company stock have on its future price. Titan Company 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, Titan Company autocorrelation shows the relationship between Titan Company stock current value and its past values and can show if there is a momentum factor associated with investing in Titan Company Limited.
Regressed Prices |
| Timeline |
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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 Titan Stock
Titan Company financial ratios help investors to determine whether Titan 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 Titan with respect to the benefits of owning Titan Company security.