California Software (India) Market Value
| CALSOFT Stock | 15.98 0.40 2.44% |
| Symbol | California |
California Software '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 California Software'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 California Software.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in California Software on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding California Software or generate 0.0% return on investment in California Software over 90 days. California Software is related to or competes with Welspun Investments, Cholamandalam Investment, ZF Commercial, Fortis Healthcare, BF Investment, Metropolis Healthcare, and Industrial Investment. California Software is entity of India. It is traded as Stock on NSE exchange. More
California Software 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 California Software'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 California Software upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.1076 | |||
| Maximum Drawdown | 10.06 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 4.99 |
California Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as California Software's standard deviation. In reality, there are many statistical measures that can use California Software historical prices to predict the future California Software's volatility.| Risk Adjusted Performance | 0.1423 | |||
| Jensen Alpha | 0.4625 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1342 | |||
| Treynor Ratio | 1.39 |
California Software Backtested Returns
California Software appears to be not too volatile, given 3 months investment horizon. California Software secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. By analyzing California Software's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of California Software's Mean Deviation of 2.68, risk adjusted performance of 0.1423, and Downside Deviation of 2.54 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, California Software holds a performance score of 12. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, California Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding California Software is expected to be smaller as well. Please check California Software's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether California Software's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
California Software has modest reverse predictability. Overlapping area represents the amount of predictability between California Software time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th 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 California Software price movement. The serial correlation of -0.48 indicates that about 48.0% of current California Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 3.72 |
California Software lagged returns against current returns
Autocorrelation, which is California Software 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 California Software's stock expected returns. We can calculate the autocorrelation of California Software returns to help us make a trade decision. For example, suppose you find that California Software 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 |
California Software 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 California Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if California Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in California Software stock over time.
Current vs Lagged Prices |
| Timeline |
California Software Lagged Returns
When evaluating California Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of California Software stock have on its future price. California Software 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, California Software autocorrelation shows the relationship between California Software stock current value and its past values and can show if there is a momentum factor associated with investing in California Software.
Regressed Prices |
| Timeline |
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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.Additional Tools for California Stock Analysis
When running California Software's price analysis, check to measure California Software'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 California Software is operating at the current time. Most of California Software's value examination focuses on studying past and present price action to predict the probability of California Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Software's price. Additionally, you may evaluate how the addition of California Software to your portfolios can decrease your overall portfolio volatility.