Titan Company (India) Market Value
| TITAN Stock | 3,382 24.85 0.74% |
| Symbol | Titan |
Titan Company '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 Titan Company'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 Titan Company.
| 11/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Titan Company on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Titan Company Limited or generate 0.0% return on investment in Titan Company over 60 days. Titan Company is related to or competes with Kalyani Steels, Electrosteel Castings, Ratnamani Metals, Rama Steel, Manaksia Coated, Indian Metals, and Hisar Metal. More
Titan Company 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 Titan Company'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 Titan Company Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0186 | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.1 |
Titan Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan Company's standard deviation. In reality, there are many statistical measures that can use Titan Company historical prices to predict the future Titan Company's volatility.| Risk Adjusted Performance | 0.0375 | |||
| Jensen Alpha | 0.0533 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | (0.11) |
Titan Limited Backtested Returns
As of now, Titan Stock is very steady. Titan Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0401, which indicates the firm had a 0.0401 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Titan Company Limited, which you can use to evaluate the volatility of the company. Please validate Titan Company's Risk Adjusted Performance of 0.0375, semi deviation of 1.14, and Coefficient Of Variation of 2494.43 to confirm if the risk estimate we provide is consistent with the expected return of 0.0554%. Titan Company has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Titan Company are expected to decrease at a much lower rate. During the bear market, Titan Company is likely to outperform the market. Titan Limited right now has a risk of 1.38%. Please validate Titan Company downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Titan Company will be following its existing price patterns.
Auto-correlation | 0.59 |
Modest predictability
Titan Company Limited has modest predictability. Overlapping area represents the amount of predictability between Titan Company time series from 22nd of November 2024 to 22nd of December 2024 and 22nd of December 2024 to 21st 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 Titan Limited price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Titan Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 5094.4 |
Titan Limited lagged returns against current returns
Autocorrelation, which is Titan Company 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 Titan Company's stock expected returns. We can calculate the autocorrelation of Titan Company returns to help us make a trade decision. For example, suppose you find that Titan Company 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 |
Titan Company 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 Titan Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan Company stock over time.
Current vs Lagged Prices |
| Timeline |
Titan Company Lagged Returns
When evaluating Titan Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan Company stock have on its future price. Titan Company 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, Titan Company autocorrelation shows the relationship between Titan Company stock current value and its past values and can show if there is a momentum factor associated with investing in Titan Company Limited.
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 Titan Stock
Titan Company financial ratios help investors to determine whether Titan 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 Titan with respect to the benefits of owning Titan Company security.