Mold Tek (India) Market Value

MOLDTKPAC   698.55  10.90  1.59%   
Mold Tek's market value is the price at which a share of Mold Tek trades on a public exchange. It measures the collective expectations of Mold Tek Packaging Limited investors about its performance. Mold Tek is selling at 698.55 as of the 5th of December 2024; that is 1.59 percent increase since the beginning of the trading day. The stock's last reported lowest price was 682.55.
With this module, you can estimate the performance of a buy and hold strategy of Mold Tek Packaging Limited and determine expected loss or profit from investing in Mold Tek over a given investment horizon. Check out Mold Tek Correlation, Mold Tek Volatility and Mold Tek Alpha and Beta module to complement your research on Mold Tek.
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Please note, there is a significant difference between Mold Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mold Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mold Tek'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.

Mold Tek '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 Mold Tek'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 Mold Tek.
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11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Mold Tek on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Mold Tek Packaging Limited or generate 0.0% return on investment in Mold Tek over 30 days. Mold Tek is related to or competes with Gujarat Fluorochemicals, Tamilnad Mercantile, Omkar Speciality, DCB Bank, IDBI Bank, Tata Chemicals, and Allied Blenders. Mold Tek is entity of India. It is traded as Stock on NSE exchange. More

Mold Tek 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 Mold Tek'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 Mold Tek Packaging Limited upside and downside potential and time the market with a certain degree of confidence.

Mold Tek Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mold Tek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mold Tek's standard deviation. In reality, there are many statistical measures that can use Mold Tek historical prices to predict the future Mold Tek's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mold Tek's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
693.92695.57768.41
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Intrinsic
Valuation
LowRealHigh
613.93615.58768.41
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Earnings
Estimates (0)
LowProjected EPSHigh
4.805.145.53
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Mold Tek Packaging Backtested Returns

Mold Tek Packaging has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Mold Tek exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mold Tek's Risk Adjusted Performance of (0.06), standard deviation of 1.7, and Mean Deviation of 1.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0941, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mold Tek are expected to decrease at a much lower rate. During the bear market, Mold Tek is likely to outperform the market. At this point, Mold Tek Packaging has a negative expected return of -0.19%. Please make sure to verify Mold Tek's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Mold Tek Packaging performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.92  

Near perfect reversele predictability

Mold Tek Packaging Limited has near perfect reversele predictability. Overlapping area represents the amount of predictability between Mold Tek time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Mold Tek Packaging price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Mold Tek price fluctuation can be explain by its past prices.
Correlation Coefficient-0.92
Spearman Rank Test-0.89
Residual Average0.0
Price Variance140.71

Mold Tek Packaging lagged returns against current returns

Autocorrelation, which is Mold Tek 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 Mold Tek's stock expected returns. We can calculate the autocorrelation of Mold Tek returns to help us make a trade decision. For example, suppose you find that Mold Tek 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   
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Mold Tek 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 Mold Tek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mold Tek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mold Tek stock over time.
   Current vs Lagged Prices   
       Timeline  

Mold Tek Lagged Returns

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

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Additional Tools for Mold Stock Analysis

When running Mold Tek's price analysis, check to measure Mold Tek'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 Mold Tek is operating at the current time. Most of Mold Tek's value examination focuses on studying past and present price action to predict the probability of Mold Tek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mold Tek's price. Additionally, you may evaluate how the addition of Mold Tek to your portfolios can decrease your overall portfolio volatility.