Varroc Engineering (India) Market Value
| VARROC Stock | 550.85 3.45 0.62% |
| Symbol | Varroc |
Varroc Engineering '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 Varroc Engineering'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 Varroc Engineering.
| 06/23/2025 |
| 07/23/2025 |
If you would invest 0.00 in Varroc Engineering on June 23, 2025 and sell it all today you would earn a total of 0.00 from holding Varroc Engineering Limited or generate 0.0% return on investment in Varroc Engineering over 30 days. Varroc Engineering is related to or competes with Vardhman Special, Newgen Software, Star Health, Metropolis Healthcare, Global Health, Procter Gamble, and JSW Steel. Varroc Engineering is entity of India. It is traded as Stock on NSE exchange. More
Varroc Engineering 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 Varroc Engineering'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 Varroc Engineering Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.1042 | |||
| Maximum Drawdown | 7.79 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 3.68 |
Varroc Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Varroc Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Varroc Engineering's standard deviation. In reality, there are many statistical measures that can use Varroc Engineering historical prices to predict the future Varroc Engineering's volatility.| Risk Adjusted Performance | 0.1822 | |||
| Jensen Alpha | 0.4378 | |||
| Total Risk Alpha | 0.0083 | |||
| Sortino Ratio | 0.111 | |||
| Treynor Ratio | (0.93) |
Varroc Engineering Backtested Returns
Varroc Engineering appears to be very steady, given 3 months investment horizon. Varroc Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Varroc Engineering Limited, which you can use to evaluate the volatility of the company. Please review Varroc Engineering's Risk Adjusted Performance of 0.1822, coefficient of variation of 510.18, and Semi Deviation of 1.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Varroc Engineering holds a performance score of 11. The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Varroc Engineering are expected to decrease at a much lower rate. During the bear market, Varroc Engineering is likely to outperform the market. Please check Varroc Engineering's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Varroc Engineering's existing price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Varroc Engineering Limited has insignificant predictability. Overlapping area represents the amount of predictability between Varroc Engineering time series from 23rd of June 2025 to 8th of July 2025 and 8th of July 2025 to 23rd 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 Varroc Engineering price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Varroc Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 47.08 |
Varroc Engineering lagged returns against current returns
Autocorrelation, which is Varroc Engineering 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 Varroc Engineering's stock expected returns. We can calculate the autocorrelation of Varroc Engineering returns to help us make a trade decision. For example, suppose you find that Varroc Engineering 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 |
Varroc Engineering 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 Varroc Engineering stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Varroc Engineering stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Varroc Engineering stock over time.
Current vs Lagged Prices |
| Timeline |
Varroc Engineering Lagged Returns
When evaluating Varroc Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Varroc Engineering stock have on its future price. Varroc Engineering 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, Varroc Engineering autocorrelation shows the relationship between Varroc Engineering stock current value and its past values and can show if there is a momentum factor associated with investing in Varroc Engineering 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 Varroc Stock
Varroc Engineering financial ratios help investors to determine whether Varroc 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 Varroc with respect to the benefits of owning Varroc Engineering security.