TTK Healthcare (India) Market Value

TTKHLTCARE   1,170  8.00  0.68%   
TTK Healthcare's market value is the price at which a share of TTK Healthcare trades on a public exchange. It measures the collective expectations of TTK Healthcare Limited investors about its performance. TTK Healthcare is trading at 1169.95 as of the 2nd of March 2025, a 0.68 percent decrease since the beginning of the trading day. The stock's open price was 1177.95.
With this module, you can estimate the performance of a buy and hold strategy of TTK Healthcare Limited and determine expected loss or profit from investing in TTK Healthcare over a given investment horizon. Check out TTK Healthcare Correlation, TTK Healthcare Volatility and TTK Healthcare Alpha and Beta module to complement your research on TTK Healthcare.
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Please note, there is a significant difference between TTK Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if TTK Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTK Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

TTK Healthcare '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 TTK Healthcare'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 TTK Healthcare.
0.00
03/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/02/2025
0.00
If you would invest  0.00  in TTK Healthcare on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding TTK Healthcare Limited or generate 0.0% return on investment in TTK Healthcare over 720 days. TTK Healthcare is related to or competes with Pritish Nandy, Bhagiradha Chemicals, Omkar Speciality, One 97, Neogen Chemicals, and Tamilnadu Telecommunicatio. More

TTK Healthcare 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 TTK Healthcare'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 TTK Healthcare Limited upside and downside potential and time the market with a certain degree of confidence.

TTK Healthcare Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TTK Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTK Healthcare's standard deviation. In reality, there are many statistical measures that can use TTK Healthcare historical prices to predict the future TTK Healthcare's volatility.
Hype
Prediction
LowEstimatedHigh
1,1581,1591,287
Details
Intrinsic
Valuation
LowRealHigh
1,0211,0231,287
Details

TTK Healthcare Backtested Returns

TTK Healthcare owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22 % return per unit of volatility over the last 3 months. TTK Healthcare Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TTK Healthcare's variance of 2.91, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of -0.0709, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TTK Healthcare are expected to decrease at a much lower rate. During the bear market, TTK Healthcare is likely to outperform the market. At this point, TTK Healthcare has a negative expected return of -0.37%. Please make sure to validate TTK Healthcare's skewness, as well as the relationship between the day median price and relative strength index , to decide if TTK Healthcare performance from the past will be repeated at some future point.

Auto-correlation

    
  -0.64  

Very good reverse predictability

TTK Healthcare Limited has very good reverse predictability. Overlapping area represents the amount of predictability between TTK Healthcare time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 TTK Healthcare price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current TTK Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.05
Residual Average0.0
Price Variance16.6 K

TTK Healthcare lagged returns against current returns

Autocorrelation, which is TTK Healthcare 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 TTK Healthcare's stock expected returns. We can calculate the autocorrelation of TTK Healthcare returns to help us make a trade decision. For example, suppose you find that TTK Healthcare 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  

TTK Healthcare 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 TTK Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTK Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTK Healthcare stock over time.
   Current vs Lagged Prices   
       Timeline  

TTK Healthcare Lagged Returns

When evaluating TTK Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTK Healthcare stock have on its future price. TTK Healthcare 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, TTK Healthcare autocorrelation shows the relationship between TTK Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in TTK Healthcare 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 TTK Stock

TTK Healthcare financial ratios help investors to determine whether TTK 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 TTK with respect to the benefits of owning TTK Healthcare security.