Tata Elxsi (India) Market Value
| TATAELXSI | 6,166 26.00 0.42% |
| Symbol | Tata |
Tata Elxsi '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 Tata Elxsi'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 Tata Elxsi.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Tata Elxsi on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Tata Elxsi Limited or generate 0.0% return on investment in Tata Elxsi over 90 days. Tata Elxsi is related to or competes with Tera Software, Newgen Software, Manali Petrochemicals, Teamlease Services, Nucleus Software, Compucom Software, and Tata Chemicals. Tata Elxsi is entity of India. It is traded as Stock on NSE exchange. More
Tata Elxsi 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 Tata Elxsi'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 Tata Elxsi Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1147 | |||
| Maximum Drawdown | 14.61 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 3.38 |
Tata Elxsi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tata Elxsi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tata Elxsi's standard deviation. In reality, there are many statistical measures that can use Tata Elxsi historical prices to predict the future Tata Elxsi's volatility.| Risk Adjusted Performance | 0.1763 | |||
| Jensen Alpha | 0.4212 | |||
| Total Risk Alpha | 0.0786 | |||
| Sortino Ratio | 0.1489 | |||
| Treynor Ratio | (0.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tata Elxsi's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tata Elxsi Limited Backtested Returns
Tata Elxsi appears to be very steady, given 3 months investment horizon. Tata Elxsi Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Tata Elxsi Limited, which you can use to evaluate the volatility of the company. Please review Tata Elxsi's Coefficient Of Variation of 546.65, semi deviation of 1.31, and Risk Adjusted Performance of 0.1763 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tata Elxsi holds a performance score of 11. The entity has a beta of -0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tata Elxsi are expected to decrease at a much lower rate. During the bear market, Tata Elxsi is likely to outperform the market. Please check Tata Elxsi's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether Tata Elxsi's existing price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Tata Elxsi Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Tata Elxsi 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 Tata Elxsi Limited price movement. The serial correlation of -0.69 indicates that around 69.0% of current Tata Elxsi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 19.1 K |
Tata Elxsi Limited lagged returns against current returns
Autocorrelation, which is Tata Elxsi 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 Tata Elxsi's stock expected returns. We can calculate the autocorrelation of Tata Elxsi returns to help us make a trade decision. For example, suppose you find that Tata Elxsi 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 |
Tata Elxsi 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 Tata Elxsi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tata Elxsi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tata Elxsi stock over time.
Current vs Lagged Prices |
| Timeline |
Tata Elxsi Lagged Returns
When evaluating Tata Elxsi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tata Elxsi stock have on its future price. Tata Elxsi 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, Tata Elxsi autocorrelation shows the relationship between Tata Elxsi stock current value and its past values and can show if there is a momentum factor associated with investing in Tata Elxsi Limited.
Regressed Prices |
| Timeline |
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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 Tata Stock Analysis
When running Tata Elxsi's price analysis, check to measure Tata Elxsi's 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 Tata Elxsi is operating at the current time. Most of Tata Elxsi's value examination focuses on studying past and present price action to predict the probability of Tata Elxsi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tata Elxsi's price. Additionally, you may evaluate how the addition of Tata Elxsi to your portfolios can decrease your overall portfolio volatility.