Pidilite Industries (India) Market Value
| PIDILITIND | 2,965 4.10 0.14% |
| Symbol | Pidilite |
Pidilite Industries '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 Pidilite Industries' 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 Pidilite Industries.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Pidilite Industries on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Pidilite Industries Limited or generate 0.0% return on investment in Pidilite Industries over 90 days. Pidilite Industries is related to or competes with NMDC, Steel Authority, Embassy Office, Jai Balaji, Gujarat Narmada, India Glycols, and Gujarat Alkalies. Pidilite Industries is entity of India. It is traded as Stock on NSE exchange. More
Pidilite Industries 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 Pidilite Industries' 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 Pidilite Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.45 |
Pidilite Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pidilite Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pidilite Industries' standard deviation. In reality, there are many statistical measures that can use Pidilite Industries historical prices to predict the future Pidilite Industries' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.23) |
Pidilite Industries Backtested Returns
Pidilite Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.0436, which implies the firm had a -0.0436 % return per unit of risk over the last 3 months. Pidilite Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pidilite Industries' Risk Adjusted Performance of (0.02), coefficient of variation of (4,042), and Variance of 1.19 to confirm the risk estimate we provide. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pidilite Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pidilite Industries is expected to be smaller as well. At this point, Pidilite Industries has a negative expected return of -0.0477%. Please make sure to check Pidilite Industries' skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Pidilite Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Pidilite Industries Limited has virtually no predictability. Overlapping area represents the amount of predictability between Pidilite Industries time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Pidilite Industries price movement. The serial correlation of 0.03 indicates that only 3.0% of current Pidilite Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2048.21 |
Pidilite Industries lagged returns against current returns
Autocorrelation, which is Pidilite Industries 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 Pidilite Industries' stock expected returns. We can calculate the autocorrelation of Pidilite Industries returns to help us make a trade decision. For example, suppose you find that Pidilite Industries 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 |
Pidilite Industries 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 Pidilite Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pidilite Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pidilite Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Pidilite Industries Lagged Returns
When evaluating Pidilite Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pidilite Industries stock have on its future price. Pidilite Industries 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, Pidilite Industries autocorrelation shows the relationship between Pidilite Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Pidilite Industries 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.Additional Tools for Pidilite Stock Analysis
When running Pidilite Industries' price analysis, check to measure Pidilite Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pidilite Industries is operating at the current time. Most of Pidilite Industries' value examination focuses on studying past and present price action to predict the probability of Pidilite Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pidilite Industries' price. Additionally, you may evaluate how the addition of Pidilite Industries to your portfolios can decrease your overall portfolio volatility.