Jindal Drilling (India) Market Value
| JINDRILL | 619.75 17.45 2.74% |
| Symbol | Jindal |
Jindal Drilling '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 Jindal Drilling'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 Jindal Drilling.
| 05/25/2025 |
| 08/23/2025 |
If you would invest 0.00 in Jindal Drilling on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Jindal Drilling And or generate 0.0% return on investment in Jindal Drilling over 90 days. Jindal Drilling is related to or competes with Oriental Hotels, Heritage Foods, Advani Hotels, Man Infraconstructio, Apex Frozen, SINCLAIRS HOTELS, and Lemon Tree. More
Jindal Drilling 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 Jindal Drilling'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 Jindal Drilling And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.89 |
Jindal Drilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jindal Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jindal Drilling's standard deviation. In reality, there are many statistical measures that can use Jindal Drilling historical prices to predict the future Jindal Drilling's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.4539 |
Jindal Drilling And Backtested Returns
Jindal Drilling And holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11 % return per unit of risk over the last 3 months. Jindal Drilling And exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jindal Drilling's Standard Deviation of 1.86, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of 0.4639 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jindal Drilling are expected to decrease at a much lower rate. During the bear market, Jindal Drilling is likely to outperform the market. At this point, Jindal Drilling And has a negative expected return of -0.2%. Please make sure to check out Jindal Drilling's skewness, as well as the relationship between the day median price and relative strength index , to decide if Jindal Drilling And performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Jindal Drilling And has weak reverse predictability. Overlapping area represents the amount of predictability between Jindal Drilling time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd 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 Jindal Drilling And price movement. The serial correlation of -0.24 indicates that over 24.0% of current Jindal Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 166.33 |
Jindal Drilling And lagged returns against current returns
Autocorrelation, which is Jindal Drilling 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 Jindal Drilling's stock expected returns. We can calculate the autocorrelation of Jindal Drilling returns to help us make a trade decision. For example, suppose you find that Jindal Drilling 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 |
Jindal Drilling 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 Jindal Drilling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jindal Drilling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jindal Drilling stock over time.
Current vs Lagged Prices |
| Timeline |
Jindal Drilling Lagged Returns
When evaluating Jindal Drilling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jindal Drilling stock have on its future price. Jindal Drilling 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, Jindal Drilling autocorrelation shows the relationship between Jindal Drilling stock current value and its past values and can show if there is a momentum factor associated with investing in Jindal Drilling And.
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 Jindal Stock
Jindal Drilling financial ratios help investors to determine whether Jindal 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 Jindal with respect to the benefits of owning Jindal Drilling security.