METAL (India) Market Value
| METAL Stock | 9.49 0.05 0.53% |
| Symbol | METAL |
Please note, there is a significant difference between METAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if METAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, METAL'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.
METAL '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 METAL'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 METAL.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in METAL on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding METAL or generate 0.0% return on investment in METAL over 90 days. METAL is related to or competes with Oriental Hotels, Chalet Hotels, Ratnamani Metals, Shyam Metalics, LLOYDS METALS, Sarthak Metals, and Samhi Hotels. METAL is entity of India. It is traded as Stock on NSE exchange. More
METAL 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 METAL'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 METAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9628 | |||
| Information Ratio | 0.0338 | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 2.12 |
METAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for METAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as METAL's standard deviation. In reality, there are many statistical measures that can use METAL historical prices to predict the future METAL's volatility.| Risk Adjusted Performance | 0.1437 | |||
| Jensen Alpha | 0.1595 | |||
| Total Risk Alpha | 0.0038 | |||
| Sortino Ratio | 0.0419 | |||
| Treynor Ratio | 1.93 |
METAL Backtested Returns
As of now, METAL Stock is not too volatile. METAL has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for METAL, which you can use to evaluate the volatility of the firm. Please verify METAL's Market Risk Adjusted Performance of 1.94, risk adjusted performance of 0.1437, and Mean Deviation of 0.8433 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. METAL has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0889, which conveys not very significant fluctuations relative to the market. As returns on the market increase, METAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding METAL is expected to be smaller as well. METAL currently secures a risk of 1.18%. Please verify METAL expected short fall, and the relationship between the value at risk and daily balance of power , to decide if METAL will be following its current price movements.
Auto-correlation | 0.69 |
Good predictability
METAL has good predictability. Overlapping area represents the amount of predictability between METAL time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 METAL price movement. The serial correlation of 0.69 indicates that around 69.0% of current METAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
METAL lagged returns against current returns
Autocorrelation, which is METAL 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 METAL's stock expected returns. We can calculate the autocorrelation of METAL returns to help us make a trade decision. For example, suppose you find that METAL 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 |
METAL 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 METAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if METAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in METAL stock over time.
Current vs Lagged Prices |
| Timeline |
METAL Lagged Returns
When evaluating METAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of METAL stock have on its future price. METAL 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, METAL autocorrelation shows the relationship between METAL stock current value and its past values and can show if there is a momentum factor associated with investing in METAL.
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 METAL Stock
METAL financial ratios help investors to determine whether METAL 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 METAL with respect to the benefits of owning METAL security.