Industrial Investment (India) Market Value
| IITL Stock | 406.80 19.35 4.99% |
| Symbol | Industrial |
Industrial Investment '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 Industrial Investment'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 Industrial Investment.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Industrial Investment on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Industrial Investment Trust or generate 0.0% return on investment in Industrial Investment over 720 days. Industrial Investment is related to or competes with State Bank, Life Insurance, HDFC Bank, ICICI Bank, and Reliance Industries. Industrial Investment is entity of India More
Industrial Investment 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 Industrial Investment'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 Industrial Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.3211 | |||
| Maximum Drawdown | 8.69 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 4.81 |
Industrial Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrial Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industrial Investment's standard deviation. In reality, there are many statistical measures that can use Industrial Investment historical prices to predict the future Industrial Investment's volatility.| Risk Adjusted Performance | 0.304 | |||
| Jensen Alpha | 0.7976 | |||
| Total Risk Alpha | 0.4378 | |||
| Sortino Ratio | 0.3583 | |||
| Treynor Ratio | (4.12) |
Industrial Investment Backtested Returns
Industrial Investment appears to be very steady, given 3 months investment horizon. Industrial Investment holds Efficiency (Sharpe) Ratio of 0.35, which attests that the entity had a 0.35% return per unit of risk over the last 3 months. By evaluating Industrial Investment's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Industrial Investment's Risk Adjusted Performance of 0.304, downside deviation of 1.8, and Market Risk Adjusted Performance of (4.11) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Industrial Investment holds a performance score of 27. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Industrial Investment are expected to decrease at a much lower rate. During the bear market, Industrial Investment is likely to outperform the market. Please check Industrial Investment's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Industrial Investment's current trending patterns will revert.
Auto-correlation | 0.78 |
Good predictability
Industrial Investment Trust has good predictability. Overlapping area represents the amount of predictability between Industrial Investment time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Industrial Investment price movement. The serial correlation of 0.78 indicates that around 78.0% of current Industrial Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 4241.76 |
Industrial Investment lagged returns against current returns
Autocorrelation, which is Industrial Investment 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 Industrial Investment's stock expected returns. We can calculate the autocorrelation of Industrial Investment returns to help us make a trade decision. For example, suppose you find that Industrial Investment 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 |
Industrial Investment 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 Industrial Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industrial Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industrial Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Industrial Investment Lagged Returns
When evaluating Industrial Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industrial Investment stock have on its future price. Industrial Investment 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, Industrial Investment autocorrelation shows the relationship between Industrial Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Industrial Investment Trust.
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.Additional Tools for Industrial Stock Analysis
When running Industrial Investment's price analysis, check to measure Industrial Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Industrial Investment is operating at the current time. Most of Industrial Investment's value examination focuses on studying past and present price action to predict the probability of Industrial Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Investment's price. Additionally, you may evaluate how the addition of Industrial Investment to your portfolios can decrease your overall portfolio volatility.