Automotive Axles (India) Market Value
| AUTOAXLES | 1,798 17.20 0.95% |
| Symbol | Automotive |
Automotive Axles '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 Automotive Axles' 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 Automotive Axles.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Automotive Axles on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Automotive Axles Limited or generate 0.0% return on investment in Automotive Axles over 90 days. Automotive Axles is related to or competes with Jindal Drilling, Bombay Burmah, Kalyani Investment, Aban Offshore, Tata Investment, and Tube Investments. Automotive Axles is entity of India. It is traded as Stock on NSE exchange. More
Automotive Axles 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 Automotive Axles' 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 Automotive Axles Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9975 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 6.0 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.68 |
Automotive Axles Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Automotive Axles' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Automotive Axles' standard deviation. In reality, there are many statistical measures that can use Automotive Axles historical prices to predict the future Automotive Axles' volatility.| Risk Adjusted Performance | 0.1217 | |||
| Jensen Alpha | 0.1608 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.0002) | |||
| Treynor Ratio | (0.57) |
Automotive Axles Backtested Returns
As of now, Automotive Stock is very steady. Automotive Axles secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Automotive Axles Limited, which you can use to evaluate the volatility of the firm. Please confirm Automotive Axles' Downside Deviation of 0.9975, risk adjusted performance of 0.1217, and Mean Deviation of 0.7957 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Automotive Axles has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Automotive Axles are expected to decrease at a much lower rate. During the bear market, Automotive Axles is likely to outperform the market. Automotive Axles right now shows a risk of 1.08%. Please confirm Automotive Axles maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Automotive Axles will be following its price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Automotive Axles Limited has very weak predictability. Overlapping area represents the amount of predictability between Automotive Axles time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 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 Automotive Axles price movement. The serial correlation of 0.17 indicates that over 17.0% of current Automotive Axles price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 278.22 |
Automotive Axles lagged returns against current returns
Autocorrelation, which is Automotive Axles 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 Automotive Axles' stock expected returns. We can calculate the autocorrelation of Automotive Axles returns to help us make a trade decision. For example, suppose you find that Automotive Axles 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 |
Automotive Axles 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 Automotive Axles stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Automotive Axles stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Automotive Axles stock over time.
Current vs Lagged Prices |
| Timeline |
Automotive Axles Lagged Returns
When evaluating Automotive Axles' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Automotive Axles stock have on its future price. Automotive Axles 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, Automotive Axles autocorrelation shows the relationship between Automotive Axles stock current value and its past values and can show if there is a momentum factor associated with investing in Automotive Axles 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 Automotive Stock
Automotive Axles financial ratios help investors to determine whether Automotive 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 Automotive with respect to the benefits of owning Automotive Axles security.