PSUBANKADD (India) Market Value
| PSUBANKADD | 72.15 0.44 0.61% |
| Symbol | PSUBANKADD |
Please note, there is a significant difference between PSUBANKADD's value and its price as these two are different measures arrived at by different means. Investors typically determine if PSUBANKADD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PSUBANKADD'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.
PSUBANKADD '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 PSUBANKADD'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 PSUBANKADD.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in PSUBANKADD on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding PSUBANKADD or generate 0.0% return on investment in PSUBANKADD over 90 days. PSUBANKADD is related to or competes with Indian Metals, Kavveri Telecom, Hisar Metal, Ortel Communications, Sarthak Metals, Clean Science, and Hilton Metal. More
PSUBANKADD 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 PSUBANKADD'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 PSUBANKADD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.82 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.2 |
PSUBANKADD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PSUBANKADD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PSUBANKADD's standard deviation. In reality, there are many statistical measures that can use PSUBANKADD historical prices to predict the future PSUBANKADD's volatility.| Risk Adjusted Performance | 0.0968 | |||
| Jensen Alpha | 0.1377 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.71) |
PSUBANKADD Backtested Returns
As of now, PSUBANKADD Stock is very steady. PSUBANKADD maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for PSUBANKADD, which you can use to evaluate the volatility of the company. Please check PSUBANKADD's Market Risk Adjusted Performance of (0.70), risk adjusted performance of 0.0968, and Semi Deviation of 1.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. PSUBANKADD has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PSUBANKADD are expected to decrease at a much lower rate. During the bear market, PSUBANKADD is likely to outperform the market. PSUBANKADD presently holds a risk of 1.25%. Please check PSUBANKADD kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to decide if PSUBANKADD will be following its historical price patterns.
Auto-correlation | 0.75 |
Good predictability
PSUBANKADD has good predictability. Overlapping area represents the amount of predictability between PSUBANKADD 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 PSUBANKADD price movement. The serial correlation of 0.75 indicates that around 75.0% of current PSUBANKADD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
PSUBANKADD lagged returns against current returns
Autocorrelation, which is PSUBANKADD 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 PSUBANKADD's stock expected returns. We can calculate the autocorrelation of PSUBANKADD returns to help us make a trade decision. For example, suppose you find that PSUBANKADD 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 |
PSUBANKADD 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 PSUBANKADD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PSUBANKADD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PSUBANKADD stock over time.
Current vs Lagged Prices |
| Timeline |
PSUBANKADD Lagged Returns
When evaluating PSUBANKADD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PSUBANKADD stock have on its future price. PSUBANKADD 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, PSUBANKADD autocorrelation shows the relationship between PSUBANKADD stock current value and its past values and can show if there is a momentum factor associated with investing in PSUBANKADD.
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 PSUBANKADD Stock
PSUBANKADD financial ratios help investors to determine whether PSUBANKADD 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 PSUBANKADD with respect to the benefits of owning PSUBANKADD security.