Oil India (India) Market Value
| OIL Stock | 446.45 1.45 0.32% |
| Symbol | Oil |
Oil India '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 Oil India'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 Oil India.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Oil India on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Oil India Limited or generate 0.0% return on investment in Oil India over 90 days. Oil India is related to or competes with Kingfa Science, California Software, Cambridge Technology, Newgen Software, FCS Software, IdeaForge Technology, and Ankit Metal. Oil India is entity of India. It is traded as Stock on NSE exchange. More
Oil India 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 Oil India'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 Oil India Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0941 | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 3.28 |
Oil India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oil India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oil India's standard deviation. In reality, there are many statistical measures that can use Oil India historical prices to predict the future Oil India's volatility.| Risk Adjusted Performance | 0.1622 | |||
| Jensen Alpha | 0.3352 | |||
| Total Risk Alpha | 0.0436 | |||
| Sortino Ratio | 0.0947 | |||
| Treynor Ratio | (1.57) |
Oil India Limited Backtested Returns
Oil India appears to be very steady, given 3 months investment horizon. Oil India Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Oil India Limited, which you can use to evaluate the volatility of the company. Please evaluate Oil India's Risk Adjusted Performance of 0.1622, coefficient of variation of 594.36, and Semi Deviation of 1.5 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oil India holds a performance score of 8. The company holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oil India are expected to decrease at a much lower rate. During the bear market, Oil India is likely to outperform the market. Please check Oil India's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Oil India's historical price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Oil India Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Oil India 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 Oil India Limited price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Oil India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 273.31 |
Oil India Limited lagged returns against current returns
Autocorrelation, which is Oil India 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 Oil India's stock expected returns. We can calculate the autocorrelation of Oil India returns to help us make a trade decision. For example, suppose you find that Oil India 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 |
Oil India 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 Oil India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oil India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oil India stock over time.
Current vs Lagged Prices |
| Timeline |
Oil India Lagged Returns
When evaluating Oil India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oil India stock have on its future price. Oil India 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, Oil India autocorrelation shows the relationship between Oil India stock current value and its past values and can show if there is a momentum factor associated with investing in Oil India 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 Oil Stock
Oil India financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil India security.