Caplin Point (India) Market Value
| CAPLIPOINT | 2,196 89.00 4.22% |
| Symbol | Caplin |
Caplin Point '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 Caplin Point'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 Caplin Point.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Caplin Point on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Caplin Point Laboratories or generate 0.0% return on investment in Caplin Point over 30 days. Caplin Point is related to or competes with Cantabil Retail, V2 Retail, Osia Hyper, DMCC SPECIALITY, V Mart, Shree Pushkar, and Thirumalai Chemicals. Caplin Point is entity of India. It is traded as Stock on NSE exchange. More
Caplin Point 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 Caplin Point'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 Caplin Point Laboratories upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0103 | |||
| Maximum Drawdown | 14.68 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 6.16 |
Caplin Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caplin Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caplin Point's standard deviation. In reality, there are many statistical measures that can use Caplin Point historical prices to predict the future Caplin Point's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | 0.1311 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 1.18 |
Caplin Point Laboratories Backtested Returns
Caplin Point appears to be very steady, given 3 months investment horizon. Caplin Point Laboratories secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Caplin Point Laboratories, which you can use to evaluate the volatility of the firm. Please makes use of Caplin Point's Mean Deviation of 2.15, downside deviation of 2.45, and Risk Adjusted Performance of 0.0482 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Caplin Point holds a performance score of 7. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Caplin Point's returns are expected to increase less than the market. However, during the bear market, the loss of holding Caplin Point is expected to be smaller as well. Please check Caplin Point's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Caplin Point's price patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Caplin Point Laboratories has poor reverse predictability. Overlapping area represents the amount of predictability between Caplin Point time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Caplin Point Laboratories price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Caplin Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 7032.45 |
Caplin Point Laboratories lagged returns against current returns
Autocorrelation, which is Caplin Point 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 Caplin Point's stock expected returns. We can calculate the autocorrelation of Caplin Point returns to help us make a trade decision. For example, suppose you find that Caplin Point 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 |
Caplin Point 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 Caplin Point stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caplin Point stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caplin Point stock over time.
Current vs Lagged Prices |
| Timeline |
Caplin Point Lagged Returns
When evaluating Caplin Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caplin Point stock have on its future price. Caplin Point 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, Caplin Point autocorrelation shows the relationship between Caplin Point stock current value and its past values and can show if there is a momentum factor associated with investing in Caplin Point Laboratories.
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 Caplin Stock
Caplin Point financial ratios help investors to determine whether Caplin 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 Caplin with respect to the benefits of owning Caplin Point security.