LT Foods (India) Market Value
| LTFOODS Stock | 391.30 9.80 2.57% |
| Symbol | LTFOODS |
LT Foods '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 LT Foods' 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 LT Foods.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in LT Foods on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding LT Foods Limited or generate 0.0% return on investment in LT Foods over 570 days. LT Foods is related to or competes with MRF, Bosch, Bajaj Holdings, Vardhman Holdings, Abbott India, Honeywell Automation, and Page Industries. LT Foods is entity of India. It is traded as Stock on NSE exchange. More
LT Foods 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 LT Foods' 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 LT Foods Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | 0.0017 | |||
| Maximum Drawdown | 19.82 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 5.16 |
LT Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LT Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LT Foods' standard deviation. In reality, there are many statistical measures that can use LT Foods historical prices to predict the future LT Foods' volatility.| Risk Adjusted Performance | 0.0408 | |||
| Jensen Alpha | 0.1231 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0015 | |||
| Treynor Ratio | (5.46) |
LT Foods Limited Backtested Returns
Currently, LT Foods Limited is very steady. LT Foods Limited retains Efficiency (Sharpe Ratio) of 0.0261, which conveys that the firm had a 0.0261% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LT Foods, which you can use to evaluate the volatility of the firm. Please verify LT Foods' Mean Deviation of 2.12, market risk adjusted performance of (5.45), and Standard Deviation of 3.0 to check out if the risk estimate we provide is consistent with the expected return of 0.08%. LT Foods has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0221, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LT Foods are expected to decrease at a much lower rate. During the bear market, LT Foods is likely to outperform the market. LT Foods Limited today owns a risk of 3.07%. Please verify LT Foods Limited standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if LT Foods Limited will be following its current price history.
Auto-correlation | -0.18 |
Insignificant reverse predictability
LT Foods Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between LT Foods time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 LT Foods Limited price movement. The serial correlation of -0.18 indicates that over 18.0% of current LT Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 345.8 |
LT Foods Limited lagged returns against current returns
Autocorrelation, which is LT Foods 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 LT Foods' stock expected returns. We can calculate the autocorrelation of LT Foods returns to help us make a trade decision. For example, suppose you find that LT Foods 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 |
LT Foods 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 LT Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LT Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LT Foods stock over time.
Current vs Lagged Prices |
| Timeline |
LT Foods Lagged Returns
When evaluating LT Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LT Foods stock have on its future price. LT Foods 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, LT Foods autocorrelation shows the relationship between LT Foods stock current value and its past values and can show if there is a momentum factor associated with investing in LT Foods 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.Additional Tools for LTFOODS Stock Analysis
When running LT Foods' price analysis, check to measure LT Foods' 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 LT Foods is operating at the current time. Most of LT Foods' value examination focuses on studying past and present price action to predict the probability of LT Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LT Foods' price. Additionally, you may evaluate how the addition of LT Foods to your portfolios can decrease your overall portfolio volatility.