India Globalization Capital Stock Market Value
| IGC Stock | USD 0.49 0.01 2.08% |
| Symbol | India |
India Globalization Price To Book Ratio
Is India Globalization's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.39) | Return On Assets (0.44) | Return On Equity (1.03) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization'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.
India Globalization '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 India Globalization'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 India Globalization.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in India Globalization on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding India Globalization Capital or generate 0.0% return on investment in India Globalization over 30 days. India Globalization is related to or competes with Oragenics, VTv Therapeutics, and 22nd Century. India Globalization Capital, Inc. purchases and resells physical infrastructure commodities More
India Globalization 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 India Globalization'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 India Globalization Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.68 | |||
| Information Ratio | 0.1391 | |||
| Maximum Drawdown | 36.98 | |||
| Value At Risk | (8.06) | |||
| Potential Upside | 16.67 |
India Globalization Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for India Globalization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as India Globalization's standard deviation. In reality, there are many statistical measures that can use India Globalization historical prices to predict the future India Globalization's volatility.| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.3771 | |||
| Sortino Ratio | 0.1302 | |||
| Treynor Ratio | 2.02 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of India Globalization'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.
India Globalization Backtested Returns
India Globalization is abnormally volatile given 3 months investment horizon. India Globalization holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use India Globalization Capital Downside Deviation of 7.68, risk adjusted performance of 0.101, and Market Risk Adjusted Performance of 2.03 to evaluate company specific risk that cannot be diversified away. India Globalization holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, India Globalization's returns are expected to increase less than the market. However, during the bear market, the loss of holding India Globalization is expected to be smaller as well. Use India Globalization Capital coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to analyze future returns on India Globalization Capital.
Auto-correlation | -0.44 |
Modest reverse predictability
India Globalization Capital has modest reverse predictability. Overlapping area represents the amount of predictability between India Globalization time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of India Globalization price movement. The serial correlation of -0.44 indicates that just about 44.0% of current India Globalization price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
India Globalization lagged returns against current returns
Autocorrelation, which is India Globalization 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 India Globalization's stock expected returns. We can calculate the autocorrelation of India Globalization returns to help us make a trade decision. For example, suppose you find that India Globalization 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 |
India Globalization 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 India Globalization stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if India Globalization stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in India Globalization stock over time.
Current vs Lagged Prices |
| Timeline |
India Globalization Lagged Returns
When evaluating India Globalization's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of India Globalization stock have on its future price. India Globalization 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, India Globalization autocorrelation shows the relationship between India Globalization stock current value and its past values and can show if there is a momentum factor associated with investing in India Globalization Capital.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out India Globalization Correlation, India Globalization Volatility and India Globalization Alpha and Beta module to complement your research on India Globalization. Note that the India Globalization information on this page should be used as a complementary analysis to other India Globalization's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for India Stock analysis
When running India Globalization's price analysis, check to measure India Globalization'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 India Globalization is operating at the current time. Most of India Globalization's value examination focuses on studying past and present price action to predict the probability of India Globalization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Globalization's price. Additionally, you may evaluate how the addition of India Globalization to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |
India Globalization technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.