Exxaro Tiles (India) Market Value

EXXARO Stock   11.04  0.36  3.16%   
Exxaro Tiles' market value is the price at which a share of Exxaro Tiles trades on a public exchange. It measures the collective expectations of Exxaro Tiles Limited investors about its performance. Exxaro Tiles is trading at 11.04 as of the 15th of December 2024, a 3.16 percent decrease since the beginning of the trading day. The stock's open price was 11.4.
With this module, you can estimate the performance of a buy and hold strategy of Exxaro Tiles Limited and determine expected loss or profit from investing in Exxaro Tiles over a given investment horizon. Check out Exxaro Tiles Correlation, Exxaro Tiles Volatility and Exxaro Tiles Alpha and Beta module to complement your research on Exxaro Tiles.
Symbol

Please note, there is a significant difference between Exxaro Tiles' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxaro Tiles is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxaro Tiles' 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.

Exxaro Tiles '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 Exxaro Tiles' 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 Exxaro Tiles.
0.00
11/15/2024
No Change 0.00  0.0 
In 30 days
12/15/2024
0.00
If you would invest  0.00  in Exxaro Tiles on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Exxaro Tiles Limited or generate 0.0% return on investment in Exxaro Tiles over 30 days. Exxaro Tiles is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, Tribhovandas Bhimji, and Parag Milk. Exxaro Tiles is entity of India. It is traded as Stock on NSE exchange. More

Exxaro Tiles 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 Exxaro Tiles' 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 Exxaro Tiles Limited upside and downside potential and time the market with a certain degree of confidence.

Exxaro Tiles Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Exxaro Tiles' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exxaro Tiles' standard deviation. In reality, there are many statistical measures that can use Exxaro Tiles historical prices to predict the future Exxaro Tiles' volatility.
Hype
Prediction
LowEstimatedHigh
0.509.991,114
Details
Intrinsic
Valuation
LowRealHigh
0.5310.601,115
Details
Naive
Forecast
LowNextHigh
0.2612.99126.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-15.7512.3240.39
Details

Exxaro Tiles Limited Backtested Returns

Exxaro Tiles is out of control given 3 months investment horizon. Exxaro Tiles Limited secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.09% are justified by taking the suggested risk. Use Exxaro Tiles Mean Deviation of 27.08, downside deviation of 18.17, and Coefficient Of Variation of 877.17 to evaluate company specific risk that cannot be diversified away. Exxaro Tiles holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -10.36, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Exxaro Tiles are expected to decrease by larger amounts. On the other hand, during market turmoil, Exxaro Tiles is expected to outperform it. Use Exxaro Tiles downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Exxaro Tiles.

Auto-correlation

    
  -0.22  

Weak reverse predictability

Exxaro Tiles Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Exxaro Tiles time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Exxaro Tiles Limited price movement. The serial correlation of -0.22 indicates that over 22.0% of current Exxaro Tiles price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.13

Exxaro Tiles Limited lagged returns against current returns

Autocorrelation, which is Exxaro Tiles 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 Exxaro Tiles' stock expected returns. We can calculate the autocorrelation of Exxaro Tiles returns to help us make a trade decision. For example, suppose you find that Exxaro Tiles 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  

Exxaro Tiles 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 Exxaro Tiles stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exxaro Tiles stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exxaro Tiles stock over time.
   Current vs Lagged Prices   
       Timeline  

Exxaro Tiles Lagged Returns

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

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Other Information on Investing in Exxaro Stock

Exxaro Tiles financial ratios help investors to determine whether Exxaro 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 Exxaro with respect to the benefits of owning Exxaro Tiles security.