Tata Consultancy (India) Market Value
| TCS Stock | 4,100 0.25 0.01% |
| Symbol | Tata |
Tata Consultancy '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 Tata Consultancy'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 Tata Consultancy.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Tata Consultancy on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Tata Consultancy Services or generate 0.0% return on investment in Tata Consultancy over 150 days. Tata Consultancy is related to or competes with Niraj Ispat, Paramount Communications, Tainwala Chemical, Fineotex Chemical, Dharani SugarsChemicals, Hi Tech, and Sumitomo Chemical. Tata Consultancy is entity of India. It is traded as Stock on NSE exchange. More
Tata Consultancy 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 Tata Consultancy'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 Tata Consultancy Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.99 |
Tata Consultancy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tata Consultancy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tata Consultancy's standard deviation. In reality, there are many statistical measures that can use Tata Consultancy historical prices to predict the future Tata Consultancy's volatility.| Risk Adjusted Performance | 0.0276 | |||
| Jensen Alpha | 0.016 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1732 |
Tata Consultancy Services Backtested Returns
At this point, Tata Consultancy is very steady. Tata Consultancy Services owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0611, which indicates the firm had a 0.0611 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tata Consultancy Services, which you can use to evaluate the volatility of the company. Please validate Tata Consultancy's Risk Adjusted Performance of 0.0276, semi deviation of 1.27, and Coefficient Of Variation of 3656.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0976%. Tata Consultancy has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tata Consultancy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tata Consultancy is expected to be smaller as well. Tata Consultancy Services right now has a risk of 1.6%. Please validate Tata Consultancy value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to decide if Tata Consultancy will be following its existing price patterns.
Auto-correlation | 0.25 |
Poor predictability
Tata Consultancy Services has poor predictability. Overlapping area represents the amount of predictability between Tata Consultancy time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tata Consultancy Services price movement. The serial correlation of 0.25 indicates that over 25.0% of current Tata Consultancy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 15.3 K |
Tata Consultancy Services lagged returns against current returns
Autocorrelation, which is Tata Consultancy 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 Tata Consultancy's stock expected returns. We can calculate the autocorrelation of Tata Consultancy returns to help us make a trade decision. For example, suppose you find that Tata Consultancy 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 |
Tata Consultancy 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 Tata Consultancy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tata Consultancy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tata Consultancy stock over time.
Current vs Lagged Prices |
| Timeline |
Tata Consultancy Lagged Returns
When evaluating Tata Consultancy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tata Consultancy stock have on its future price. Tata Consultancy 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, Tata Consultancy autocorrelation shows the relationship between Tata Consultancy stock current value and its past values and can show if there is a momentum factor associated with investing in Tata Consultancy Services.
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 Tata Stock
Tata Consultancy financial ratios help investors to determine whether Tata 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 Tata with respect to the benefits of owning Tata Consultancy security.