Total Transport (India) Market Value
| TOTAL Stock | 69.03 0.25 0.36% |
| Symbol | Total |
Total Transport '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 Total Transport'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 Total Transport.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Total Transport on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Total Transport Systems or generate 0.0% return on investment in Total Transport over 30 days. Total Transport is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, Tribhovandas Bhimji, and Parag Milk. Total Transport is entity of India. It is traded as Stock on NSE exchange. More
Total Transport 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 Total Transport'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 Total Transport Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 9.93 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 1.86 |
Total Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Transport's standard deviation. In reality, there are many statistical measures that can use Total Transport historical prices to predict the future Total Transport's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (2.11) |
Total Transport Systems Backtested Returns
Total Transport Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.31, which indicates the firm had a -0.31% return per unit of risk over the last 3 months. Total Transport Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Total Transport's Risk Adjusted Performance of (0.24), coefficient of variation of (307.57), and Variance of 3.13 to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Total Transport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Total Transport is expected to be smaller as well. At this point, Total Transport Systems has a negative expected return of -0.57%. Please make sure to validate Total Transport's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Total Transport Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.80 |
Very good predictability
Total Transport Systems has very good predictability. Overlapping area represents the amount of predictability between Total Transport time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Total Transport Systems price movement. The serial correlation of 0.8 indicates that around 80.0% of current Total Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 11.27 |
Total Transport Systems lagged returns against current returns
Autocorrelation, which is Total Transport 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 Total Transport's stock expected returns. We can calculate the autocorrelation of Total Transport returns to help us make a trade decision. For example, suppose you find that Total Transport 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 |
Total Transport 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 Total Transport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Total Transport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Total Transport stock over time.
Current vs Lagged Prices |
| Timeline |
Total Transport Lagged Returns
When evaluating Total Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Total Transport stock have on its future price. Total Transport 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, Total Transport autocorrelation shows the relationship between Total Transport stock current value and its past values and can show if there is a momentum factor associated with investing in Total Transport Systems.
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 Total Stock
Total Transport financial ratios help investors to determine whether Total 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 Total with respect to the benefits of owning Total Transport security.