PTC INDUSTRIES (India) Market Value
| PTCIL Stock | 11,969 130.10 1.08% |
| Symbol | PTC |
PTC INDUSTRIES '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 INDUSTRIES'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 INDUSTRIES.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in PTC INDUSTRIES on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding PTC INDUSTRIES LTD or generate 0.0% return on investment in PTC INDUSTRIES over 690 days. PTC INDUSTRIES is related to or competes with Le Travenues, Syrma SGS, Kaynes Technology, Selan Exploration, Total Transport, Music Broadcast, and Cambridge Technology. PTC INDUSTRIES is entity of India. It is traded as Stock on NSE exchange. More
PTC INDUSTRIES 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 INDUSTRIES'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 INDUSTRIES LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 3.98 |
PTC INDUSTRIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTC INDUSTRIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTC INDUSTRIES's standard deviation. In reality, there are many statistical measures that can use PTC INDUSTRIES historical prices to predict the future PTC INDUSTRIES's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (3.44) |
PTC INDUSTRIES LTD Backtested Returns
PTC INDUSTRIES LTD retains Efficiency (Sharpe Ratio) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. PTC INDUSTRIES exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTC INDUSTRIES's coefficient of variation of (728.76), and Market Risk Adjusted Performance of (3.43) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0835, which implies not very significant fluctuations relative to the market. As returns on the market increase, PTC INDUSTRIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding PTC INDUSTRIES is expected to be smaller as well. At this point, PTC INDUSTRIES LTD has a negative expected return of -0.26%. Please make sure to check PTC INDUSTRIES's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if PTC INDUSTRIES LTD performance from the past will be repeated at future time.
Auto-correlation | 0.44 |
Average predictability
PTC INDUSTRIES LTD has average predictability. Overlapping area represents the amount of predictability between PTC INDUSTRIES time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 INDUSTRIES LTD price movement. The serial correlation of 0.44 indicates that just about 44.0% of current PTC INDUSTRIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 M |
PTC INDUSTRIES LTD lagged returns against current returns
Autocorrelation, which is PTC INDUSTRIES 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 INDUSTRIES's stock expected returns. We can calculate the autocorrelation of PTC INDUSTRIES returns to help us make a trade decision. For example, suppose you find that PTC INDUSTRIES 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 INDUSTRIES 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 INDUSTRIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTC INDUSTRIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTC INDUSTRIES stock over time.
Current vs Lagged Prices |
| Timeline |
PTC INDUSTRIES Lagged Returns
When evaluating PTC INDUSTRIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTC INDUSTRIES stock have on its future price. PTC INDUSTRIES 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 INDUSTRIES autocorrelation shows the relationship between PTC INDUSTRIES stock current value and its past values and can show if there is a momentum factor associated with investing in PTC INDUSTRIES LTD.
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 INDUSTRIES 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 INDUSTRIES security.