PTC India (India) Market Value
| PFS Stock | 43.51 0.17 0.39% |
| Symbol | PTC |
PTC India '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 PTC India'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 PTC India.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in PTC India on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding PTC India Financial or generate 0.0% return on investment in PTC India over 30 days. PTC India is related to or competes with ICICI Securities, Nippon Life, Fortis Healthcare, ICICI Lombard, CEAT, and KEC International. PTC India is entity of India. It is traded as Stock on NSE exchange. More
PTC India 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 PTC India'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 PTC India Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 10.67 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 3.1 |
PTC India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTC India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTC India's standard deviation. In reality, there are many statistical measures that can use PTC India historical prices to predict the future PTC India's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.79) |
PTC India Financial Backtested Returns
PTC India Financial retains Efficiency (Sharpe Ratio) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. PTC India exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTC India's market risk adjusted performance of (0.78), and Coefficient Of Variation of (498.37) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PTC India's returns are expected to increase less than the market. However, during the bear market, the loss of holding PTC India is expected to be smaller as well. At this point, PTC India Financial has a negative expected return of -0.38%. Please make sure to check PTC India's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if PTC India Financial performance from the past will be repeated at future time.
Auto-correlation | -0.23 |
Weak reverse predictability
PTC India Financial has weak reverse predictability. Overlapping area represents the amount of predictability between PTC India 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 PTC India Financial price movement. The serial correlation of -0.23 indicates that over 23.0% of current PTC India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.74 |
PTC India Financial lagged returns against current returns
Autocorrelation, which is PTC India 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 PTC India's stock expected returns. We can calculate the autocorrelation of PTC India returns to help us make a trade decision. For example, suppose you find that PTC India 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 |
PTC India 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 PTC India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTC India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTC India stock over time.
Current vs Lagged Prices |
| Timeline |
PTC India Lagged Returns
When evaluating PTC India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTC India stock have on its future price. PTC India 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, PTC India autocorrelation shows the relationship between PTC India stock current value and its past values and can show if there is a momentum factor associated with investing in PTC India Financial.
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 PTC Stock
PTC India financial ratios help investors to determine whether PTC 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 PTC with respect to the benefits of owning PTC India security.