Tourism Finance (India) Market Value
| TFCILTD Stock | 281.60 6.33 2.20% |
| Symbol | Tourism |
Tourism Finance '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 Tourism Finance'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 Tourism Finance.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Tourism Finance on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Tourism Finance or generate 0.0% return on investment in Tourism Finance over 90 days. Tourism Finance is related to or competes with Sandhar Technologies, Punjab Chemicals, R S, Shree Rama, Nazara Technologies, Indo Borax, and Hexaware Technologies. Tourism Finance is entity of India. It is traded as Stock on NSE exchange. More
Tourism Finance 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 Tourism Finance'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 Tourism Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.2864 | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 5.12 |
Tourism Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourism Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tourism Finance's standard deviation. In reality, there are many statistical measures that can use Tourism Finance historical prices to predict the future Tourism Finance's volatility.| Risk Adjusted Performance | 0.3312 | |||
| Jensen Alpha | 0.803 | |||
| Total Risk Alpha | 0.4636 | |||
| Sortino Ratio | 0.4124 | |||
| Treynor Ratio | (4.90) |
Tourism Finance Backtested Returns
Tourism Finance appears to be very steady, given 3 months investment horizon. Tourism Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the firm had a 0.31 % return per unit of risk over the last 3 months. By inspecting Tourism Finance's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Tourism Finance's Semi Deviation of 0.9213, risk adjusted performance of 0.3312, and Coefficient Of Variation of 287.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tourism Finance holds a performance score of 24. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tourism Finance are expected to decrease at a much lower rate. During the bear market, Tourism Finance is likely to outperform the market. Please check Tourism Finance's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Tourism Finance's existing price patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Tourism Finance has very good predictability. Overlapping area represents the amount of predictability between Tourism Finance time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Tourism Finance price movement. The serial correlation of 0.8 indicates that around 80.0% of current Tourism Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 747.91 |
Tourism Finance lagged returns against current returns
Autocorrelation, which is Tourism Finance 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 Tourism Finance's stock expected returns. We can calculate the autocorrelation of Tourism Finance returns to help us make a trade decision. For example, suppose you find that Tourism Finance 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 |
Tourism Finance 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 Tourism Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tourism Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tourism Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Tourism Finance Lagged Returns
When evaluating Tourism Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tourism Finance stock have on its future price. Tourism Finance 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, Tourism Finance autocorrelation shows the relationship between Tourism Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Tourism Finance.
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 Tourism Stock
Tourism Finance financial ratios help investors to determine whether Tourism 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 Tourism with respect to the benefits of owning Tourism Finance security.