Kalpataru Projects (India) Market Value
| KPIL Stock | 1,276 23.50 1.81% |
| Symbol | Kalpataru |
Kalpataru Projects '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 Kalpataru Projects' 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 Kalpataru Projects.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Kalpataru Projects on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Kalpataru Projects International or generate 0.0% return on investment in Kalpataru Projects over 30 days. Kalpataru Projects is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, Tribhovandas Bhimji, and Parag Milk. Kalpataru Projects is entity of India. It is traded as Stock on NSE exchange. More
Kalpataru Projects 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 Kalpataru Projects' 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 Kalpataru Projects International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.97 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.62 |
Kalpataru Projects Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kalpataru Projects' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kalpataru Projects' standard deviation. In reality, there are many statistical measures that can use Kalpataru Projects historical prices to predict the future Kalpataru Projects' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.47) |
Kalpataru Projects Backtested Returns
Kalpataru Projects has Sharpe Ratio of -0.0182, which conveys that the firm had a -0.0182% return per unit of risk over the last 3 months. Kalpataru Projects exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kalpataru Projects' Standard Deviation of 2.12, mean deviation of 1.52, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kalpataru Projects' returns are expected to increase less than the market. However, during the bear market, the loss of holding Kalpataru Projects is expected to be smaller as well. At this point, Kalpataru Projects has a negative expected return of -0.0386%. Please make sure to verify Kalpataru Projects' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Kalpataru Projects performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Kalpataru Projects International has good reverse predictability. Overlapping area represents the amount of predictability between Kalpataru Projects time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Kalpataru Projects price movement. The serial correlation of -0.51 indicates that about 51.0% of current Kalpataru Projects price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 403.77 |
Kalpataru Projects lagged returns against current returns
Autocorrelation, which is Kalpataru Projects 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 Kalpataru Projects' stock expected returns. We can calculate the autocorrelation of Kalpataru Projects returns to help us make a trade decision. For example, suppose you find that Kalpataru Projects 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 |
Kalpataru Projects 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 Kalpataru Projects stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kalpataru Projects stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kalpataru Projects stock over time.
Current vs Lagged Prices |
| Timeline |
Kalpataru Projects Lagged Returns
When evaluating Kalpataru Projects' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kalpataru Projects stock have on its future price. Kalpataru Projects 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, Kalpataru Projects autocorrelation shows the relationship between Kalpataru Projects stock current value and its past values and can show if there is a momentum factor associated with investing in Kalpataru Projects International.
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.Additional Tools for Kalpataru Stock Analysis
When running Kalpataru Projects' price analysis, check to measure Kalpataru Projects' 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 Kalpataru Projects is operating at the current time. Most of Kalpataru Projects' value examination focuses on studying past and present price action to predict the probability of Kalpataru Projects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kalpataru Projects' price. Additionally, you may evaluate how the addition of Kalpataru Projects to your portfolios can decrease your overall portfolio volatility.