Cartrade Tech (India) Market Value

CARTRADE   1,963  52.00  2.72%   
Cartrade Tech's market value is the price at which a share of Cartrade Tech trades on a public exchange. It measures the collective expectations of Cartrade Tech Limited investors about its performance. Cartrade Tech is trading at 1962.70 as of the 23rd of July 2025, a 2.72 percent increase since the beginning of the trading day. The stock's lowest day price was 1890.0.
With this module, you can estimate the performance of a buy and hold strategy of Cartrade Tech Limited and determine expected loss or profit from investing in Cartrade Tech over a given investment horizon. Check out Cartrade Tech Correlation, Cartrade Tech Volatility and Cartrade Tech Alpha and Beta module to complement your research on Cartrade Tech.
Symbol

Please note, there is a significant difference between Cartrade Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartrade Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartrade Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cartrade Tech '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 Cartrade Tech'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 Cartrade Tech.
0.00
04/24/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/23/2025
0.00
If you would invest  0.00  in Cartrade Tech on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Cartrade Tech Limited or generate 0.0% return on investment in Cartrade Tech over 90 days. Cartrade Tech is related to or competes with Bharti Airtel, State Bank, ICICI Bank, GVP Infotech, India Glycols, Indo Borax, and Kingfa Science. Cartrade Tech is entity of India. It is traded as Stock on NSE exchange. More

Cartrade Tech 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 Cartrade Tech'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 Cartrade Tech Limited upside and downside potential and time the market with a certain degree of confidence.

Cartrade Tech Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cartrade Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cartrade Tech's standard deviation. In reality, there are many statistical measures that can use Cartrade Tech historical prices to predict the future Cartrade Tech's volatility.
Hype
Prediction
LowEstimatedHigh
1,7661,9911,993
Details
Intrinsic
Valuation
LowRealHigh
1,7111,7142,159
Details
Naive
Forecast
LowNextHigh
1,9711,9741,976
Details
Earnings
Estimates (0)
LowProjected EPSHigh
7.678.889.78
Details

Cartrade Tech Limited Backtested Returns

Cartrade Tech appears to be very steady, given 3 months investment horizon. Cartrade Tech Limited secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Cartrade Tech Limited, which you can use to evaluate the volatility of the firm. Please makes use of Cartrade Tech's Risk Adjusted Performance of 0.1069, downside deviation of 2.73, and Mean Deviation of 1.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cartrade Tech holds a performance score of 8. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cartrade Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cartrade Tech is expected to be smaller as well. Please check Cartrade Tech's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Cartrade Tech's price patterns will revert.

Auto-correlation

    
  -0.69  

Very good reverse predictability

Cartrade Tech Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Cartrade Tech time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Cartrade Tech Limited price movement. The serial correlation of -0.69 indicates that around 69.0% of current Cartrade Tech price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.71
Residual Average0.0
Price Variance14.3 K

Cartrade Tech Limited lagged returns against current returns

Autocorrelation, which is Cartrade Tech 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 Cartrade Tech's stock expected returns. We can calculate the autocorrelation of Cartrade Tech returns to help us make a trade decision. For example, suppose you find that Cartrade Tech 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  

Cartrade Tech 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 Cartrade Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cartrade Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cartrade Tech stock over time.
   Current vs Lagged Prices   
       Timeline  

Cartrade Tech Lagged Returns

When evaluating Cartrade Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cartrade Tech stock have on its future price. Cartrade Tech 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, Cartrade Tech autocorrelation shows the relationship between Cartrade Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Cartrade Tech 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 Cartrade Stock

Cartrade Tech financial ratios help investors to determine whether Cartrade 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 Cartrade with respect to the benefits of owning Cartrade Tech security.