Thomas Scott (India) Market Value
| THOMASCOTT | 356.39 16.19 4.76% |
| Symbol | Thomas |
Thomas Scott '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 Thomas Scott'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 Thomas Scott.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Thomas Scott on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Thomas Scott Limited or generate 0.0% return on investment in Thomas Scott over 390 days. Thomas Scott is related to or competes with Reliance Industries, Life Insurance, Indian Oil, and Oil Natural. Thomas Scott is entity of India. It is traded as Stock on NSE exchange. More
Thomas Scott 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 Thomas Scott'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 Thomas Scott Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | 0.1371 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.0 |
Thomas Scott Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thomas Scott's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thomas Scott's standard deviation. In reality, there are many statistical measures that can use Thomas Scott historical prices to predict the future Thomas Scott's volatility.| Risk Adjusted Performance | 0.1307 | |||
| Jensen Alpha | 0.5114 | |||
| Total Risk Alpha | 0.0911 | |||
| Sortino Ratio | 0.1427 | |||
| Treynor Ratio | 0.8361 |
Thomas Scott Limited Backtested Returns
Thomas Scott appears to be very steady, given 3 months investment horizon. Thomas Scott Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Thomas Scott's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please review Thomas Scott's Semi Deviation of 2.85, coefficient of variation of 591.86, and Risk Adjusted Performance of 0.1307 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thomas Scott holds a performance score of 14. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thomas Scott's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thomas Scott is expected to be smaller as well. Please check Thomas Scott's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Thomas Scott's existing price patterns will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Thomas Scott Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Thomas Scott time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Thomas Scott Limited price movement. The serial correlation of -0.23 indicates that over 23.0% of current Thomas Scott price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 525.35 |
Thomas Scott Limited lagged returns against current returns
Autocorrelation, which is Thomas Scott 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 Thomas Scott's stock expected returns. We can calculate the autocorrelation of Thomas Scott returns to help us make a trade decision. For example, suppose you find that Thomas Scott 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 |
Thomas Scott 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 Thomas Scott stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thomas Scott stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thomas Scott stock over time.
Current vs Lagged Prices |
| Timeline |
Thomas Scott Lagged Returns
When evaluating Thomas Scott's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thomas Scott stock have on its future price. Thomas Scott 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, Thomas Scott autocorrelation shows the relationship between Thomas Scott stock current value and its past values and can show if there is a momentum factor associated with investing in Thomas Scott Limited.
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.Other Information on Investing in Thomas Stock
Thomas Scott financial ratios help investors to determine whether Thomas 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 Thomas with respect to the benefits of owning Thomas Scott security.