Tribhovandas Bhimji (India) Market Value

TBZ Stock   201.10  1.66  0.82%   
Tribhovandas Bhimji's market value is the price at which a share of Tribhovandas Bhimji trades on a public exchange. It measures the collective expectations of Tribhovandas Bhimji Zaveri investors about its performance. Tribhovandas Bhimji is trading at 201.10 as of the 20th of July 2025, a 0.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 199.94.
With this module, you can estimate the performance of a buy and hold strategy of Tribhovandas Bhimji Zaveri and determine expected loss or profit from investing in Tribhovandas Bhimji over a given investment horizon. Check out Tribhovandas Bhimji Correlation, Tribhovandas Bhimji Volatility and Tribhovandas Bhimji Alpha and Beta module to complement your research on Tribhovandas Bhimji.
Symbol

Please note, there is a significant difference between Tribhovandas Bhimji's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tribhovandas Bhimji is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tribhovandas Bhimji'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.

Tribhovandas Bhimji '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 Tribhovandas Bhimji'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 Tribhovandas Bhimji.
0.00
04/21/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/20/2025
0.00
If you would invest  0.00  in Tribhovandas Bhimji on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Tribhovandas Bhimji Zaveri or generate 0.0% return on investment in Tribhovandas Bhimji over 90 days. Tribhovandas Bhimji is related to or competes with Zenith Steel, Dev Information, Foods Inns, Visa Steel, Sunflag Iron, Dodla Dairy, and Vraj Iron. Tribhovandas Bhimji is entity of India. It is traded as Stock on NSE exchange. More

Tribhovandas Bhimji 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 Tribhovandas Bhimji'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 Tribhovandas Bhimji Zaveri upside and downside potential and time the market with a certain degree of confidence.

Tribhovandas Bhimji Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tribhovandas Bhimji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tribhovandas Bhimji's standard deviation. In reality, there are many statistical measures that can use Tribhovandas Bhimji historical prices to predict the future Tribhovandas Bhimji's volatility.
Hype
Prediction
LowEstimatedHigh
198.89201.15203.41
Details
Intrinsic
Valuation
LowRealHigh
164.22166.48221.21
Details
Naive
Forecast
LowNextHigh
197.02199.27201.53
Details

Tribhovandas Bhimji Backtested Returns

Tribhovandas Bhimji owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Tribhovandas Bhimji Zaveri exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tribhovandas Bhimji's Semi Deviation of 2.24, coefficient of variation of 14539.07, and Risk Adjusted Performance of 0.0123 to confirm the risk estimate we provide. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tribhovandas Bhimji are expected to decrease at a much lower rate. During the bear market, Tribhovandas Bhimji is likely to outperform the market. At this point, Tribhovandas Bhimji has a negative expected return of -0.0098%. Please make sure to validate Tribhovandas Bhimji's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Tribhovandas Bhimji performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.11  

Insignificant reverse predictability

Tribhovandas Bhimji Zaveri has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tribhovandas Bhimji 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 Tribhovandas Bhimji price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Tribhovandas Bhimji price fluctuation can be explain by its past prices.
Correlation Coefficient-0.11
Spearman Rank Test-0.46
Residual Average0.0
Price Variance28.02

Tribhovandas Bhimji lagged returns against current returns

Autocorrelation, which is Tribhovandas Bhimji 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 Tribhovandas Bhimji's stock expected returns. We can calculate the autocorrelation of Tribhovandas Bhimji returns to help us make a trade decision. For example, suppose you find that Tribhovandas Bhimji 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  

Tribhovandas Bhimji 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 Tribhovandas Bhimji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tribhovandas Bhimji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tribhovandas Bhimji stock over time.
   Current vs Lagged Prices   
       Timeline  

Tribhovandas Bhimji Lagged Returns

When evaluating Tribhovandas Bhimji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tribhovandas Bhimji stock have on its future price. Tribhovandas Bhimji 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, Tribhovandas Bhimji autocorrelation shows the relationship between Tribhovandas Bhimji stock current value and its past values and can show if there is a momentum factor associated with investing in Tribhovandas Bhimji Zaveri.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Tribhovandas Stock

Tribhovandas Bhimji financial ratios help investors to determine whether Tribhovandas 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 Tribhovandas with respect to the benefits of owning Tribhovandas Bhimji security.