Caplin Point (India) Market Value
| CAPLIPOINT | 1,977 12.80 0.65% |
| 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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Caplin Point on October 26, 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 Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Tribhovandas Bhimji, Parag Milk, and Heubach Colorants. 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 | 0.0264 | |||
| 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 | 0.0616 | |||
| Jensen Alpha | 0.2478 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | (0.49) |
Caplin Point Laboratories Backtested Returns
As of now, Caplin Stock is very steady. Caplin Point Laboratories secures Sharpe Ratio (or Efficiency) of 0.0164, which signifies that the company had a 0.0164% return per unit of risk over the last 3 months. We have found thirty technical indicators for Caplin Point Laboratories, which you can use to evaluate the volatility of the firm. Please confirm Caplin Point's Risk Adjusted Performance of 0.0616, mean deviation of 2.21, and Downside Deviation of 2.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.0467%. Caplin Point has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Caplin Point are expected to decrease at a much lower rate. During the bear market, Caplin Point is likely to outperform the market. Caplin Point Laboratories right now shows a risk of 2.85%. Please confirm Caplin Point Laboratories sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Caplin Point Laboratories will be following its price patterns.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Caplin Point Laboratories has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Caplin Point time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 -0.75 indicates that around 75.0% of current Caplin Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 586.03 |
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.