Castrol India (India) Market Value
| CASTROLIND | 205.28 2.83 1.36% |
| Symbol | Castrol |
Castrol India '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 Castrol India'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 Castrol India.
| 05/19/2025 |
| 08/17/2025 |
If you would invest 0.00 in Castrol India on May 19, 2025 and sell it all today you would earn a total of 0.00 from holding Castrol India Limited or generate 0.0% return on investment in Castrol India over 90 days. Castrol India is related to or competes with Hathway Cable, Electronics Mart, Sumitomo Chemical, Thirumalai Chemicals, MIRC Electronics, Datamatics Global, and IOL Chemicals. Castrol India is entity of India. It is traded as Stock on NSE exchange. More
Castrol India 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 Castrol India'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 Castrol India Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.17 |
Castrol India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castrol India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castrol India's standard deviation. In reality, there are many statistical measures that can use Castrol India historical prices to predict the future Castrol India's volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0519 |
Castrol India Limited Backtested Returns
Castrol India Limited secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Castrol India Limited exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Castrol India's Risk Adjusted Performance of 0.013, downside deviation of 1.33, and Mean Deviation of 1.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Castrol India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Castrol India is expected to be smaller as well. At this point, Castrol India Limited has a negative expected return of -0.005%. Please make sure to confirm Castrol India's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Castrol India Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Castrol India Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Castrol India time series from 19th of May 2025 to 3rd of July 2025 and 3rd of July 2025 to 17th of August 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 Castrol India Limited price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Castrol India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 23.23 |
Castrol India Limited lagged returns against current returns
Autocorrelation, which is Castrol India 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 Castrol India's stock expected returns. We can calculate the autocorrelation of Castrol India returns to help us make a trade decision. For example, suppose you find that Castrol India 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 |
Castrol India 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 Castrol India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castrol India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castrol India stock over time.
Current vs Lagged Prices |
| Timeline |
Castrol India Lagged Returns
When evaluating Castrol India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castrol India stock have on its future price. Castrol India 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, Castrol India autocorrelation shows the relationship between Castrol India stock current value and its past values and can show if there is a momentum factor associated with investing in Castrol India 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 Castrol Stock
Castrol India financial ratios help investors to determine whether Castrol 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 Castrol with respect to the benefits of owning Castrol India security.