Eternal (India) Market Value
| ETERNAL Stock | 301.75 2.90 0.97% |
| Symbol | Eternal |
Eternal '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 Eternal'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 Eternal.
| 05/09/2025 |
| 08/07/2025 |
If you would invest 0.00 in Eternal on May 9, 2025 and sell it all today you would earn a total of 0.00 from holding Eternal Limited or generate 0.0% return on investment in Eternal over 90 days. Eternal is related to or competes with V Mart, Punjab Chemicals, ACUTAAS CHEMICALS, Indo Borax, Manali Petrochemicals, and Baazar Style. Eternal is entity of India. It is traded as Stock on NSE exchange. More
Eternal 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 Eternal'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 Eternal Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.1147 | |||
| Maximum Drawdown | 11.39 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 4.43 |
Eternal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eternal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eternal's standard deviation. In reality, there are many statistical measures that can use Eternal historical prices to predict the future Eternal's volatility.| Risk Adjusted Performance | 0.1298 | |||
| Jensen Alpha | 0.3632 | |||
| Total Risk Alpha | 0.0895 | |||
| Sortino Ratio | 0.152 | |||
| Treynor Ratio | 4.11 |
Eternal Limited Backtested Returns
Eternal appears to be very steady, given 3 months investment horizon. Eternal Limited secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eternal Limited, which you can use to evaluate the volatility of the firm. Please utilize Eternal's Coefficient Of Variation of 641.11, mean deviation of 1.78, and Downside Deviation of 1.84 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eternal holds a performance score of 15. The firm shows a Beta (market volatility) of 0.0903, which means not very significant fluctuations relative to the market. As returns on the market increase, Eternal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eternal is expected to be smaller as well. Please check Eternal's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Eternal's price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Eternal Limited has good predictability. Overlapping area represents the amount of predictability between Eternal time series from 9th of May 2025 to 23rd of June 2025 and 23rd of June 2025 to 7th 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 Eternal Limited price movement. The serial correlation of 0.68 indicates that around 68.0% of current Eternal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 446.06 |
Eternal Limited lagged returns against current returns
Autocorrelation, which is Eternal 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 Eternal's stock expected returns. We can calculate the autocorrelation of Eternal returns to help us make a trade decision. For example, suppose you find that Eternal 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 |
Eternal 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 Eternal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eternal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eternal stock over time.
Current vs Lagged Prices |
| Timeline |
Eternal Lagged Returns
When evaluating Eternal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eternal stock have on its future price. Eternal 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, Eternal autocorrelation shows the relationship between Eternal stock current value and its past values and can show if there is a momentum factor associated with investing in Eternal 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 Eternal Stock
Eternal financial ratios help investors to determine whether Eternal 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 Eternal with respect to the benefits of owning Eternal security.