Torrent Pharmaceuticals (India) Market Value
| TORNTPHARM | 3,521 16.80 0.48% |
| Symbol | Torrent |
Torrent Pharmaceuticals '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 Torrent Pharmaceuticals' 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 Torrent Pharmaceuticals.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Torrent Pharmaceuticals on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Torrent Pharmaceuticals Limited or generate 0.0% return on investment in Torrent Pharmaceuticals over 90 days. Torrent Pharmaceuticals is related to or competes with GVP Infotech, Kingfa Science, Rico Auto, GACM Technologies, Tribhovandas Bhimji, Parag Milk, and Heubach Colorants. Torrent Pharmaceuticals is entity of India More
Torrent Pharmaceuticals 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 Torrent Pharmaceuticals' 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 Torrent Pharmaceuticals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.0041 | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 2.74 |
Torrent Pharmaceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Torrent Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Torrent Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Torrent Pharmaceuticals historical prices to predict the future Torrent Pharmaceuticals' volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.1192 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 1.04 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Torrent Pharmaceuticals' 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.
Torrent Pharmaceuticals Backtested Returns
Torrent Pharmaceuticals is very steady at the moment. Torrent Pharmaceuticals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0973, which indicates the firm had a 0.0973 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Torrent Pharmaceuticals Limited, which you can use to evaluate the volatility of the company. Please validate Torrent Pharmaceuticals' Coefficient Of Variation of 932.03, risk adjusted performance of 0.1034, and Semi Deviation of 1.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Torrent Pharmaceuticals has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Torrent Pharmaceuticals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Torrent Pharmaceuticals is expected to be smaller as well. Torrent Pharmaceuticals right now has a risk of 1.37%. Please validate Torrent Pharmaceuticals downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Torrent Pharmaceuticals will be following its existing price patterns.
Auto-correlation | -0.49 |
Modest reverse predictability
Torrent Pharmaceuticals Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Torrent Pharmaceuticals 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 Torrent Pharmaceuticals price movement. The serial correlation of -0.49 indicates that about 49.0% of current Torrent Pharmaceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 10.6 K |
Torrent Pharmaceuticals lagged returns against current returns
Autocorrelation, which is Torrent Pharmaceuticals 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 Torrent Pharmaceuticals' stock expected returns. We can calculate the autocorrelation of Torrent Pharmaceuticals returns to help us make a trade decision. For example, suppose you find that Torrent Pharmaceuticals 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 |
Torrent Pharmaceuticals 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 Torrent Pharmaceuticals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Torrent Pharmaceuticals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Torrent Pharmaceuticals stock over time.
Current vs Lagged Prices |
| Timeline |
Torrent Pharmaceuticals Lagged Returns
When evaluating Torrent Pharmaceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Torrent Pharmaceuticals stock have on its future price. Torrent Pharmaceuticals 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, Torrent Pharmaceuticals autocorrelation shows the relationship between Torrent Pharmaceuticals stock current value and its past values and can show if there is a momentum factor associated with investing in Torrent Pharmaceuticals 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.Other Information on Investing in Torrent Stock
Torrent Pharmaceuticals financial ratios help investors to determine whether Torrent 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 Torrent with respect to the benefits of owning Torrent Pharmaceuticals security.