Prakash Industries (India) Market Value
| PRAKASH Stock | 177.04 8.39 4.52% |
| Symbol | Prakash |
Prakash Industries '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 Prakash Industries' 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 Prakash Industries.
| 05/13/2025 |
| 08/11/2025 |
If you would invest 0.00 in Prakash Industries on May 13, 2025 and sell it all today you would earn a total of 0.00 from holding Prakash Industries Limited or generate 0.0% return on investment in Prakash Industries over 90 days. Prakash Industries is related to or competes with Welspun Investments, Eros International, State Trading, GM Breweries, Network18 Media, Mask Investments, and HDFC Asset. More
Prakash Industries 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 Prakash Industries' 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 Prakash Industries Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.95 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 4.48 |
Prakash Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prakash Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prakash Industries' standard deviation. In reality, there are many statistical measures that can use Prakash Industries historical prices to predict the future Prakash Industries' volatility.| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.102 |
Prakash Industries Backtested Returns
Prakash Industries is very steady at the moment. Prakash Industries maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Prakash Industries, which you can use to evaluate the volatility of the company. Please check Prakash Industries' Semi Deviation of 1.77, risk adjusted performance of 0.0309, and Coefficient Of Variation of 3261.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.0079%. The company holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prakash Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Prakash Industries is expected to be smaller as well. Prakash Industries right now holds a risk of 2.58%. Please check Prakash Industries treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Prakash Industries will be following its historical price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Prakash Industries Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Prakash Industries time series from 13th of May 2025 to 27th of June 2025 and 27th of June 2025 to 11th 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 Prakash Industries price movement. The serial correlation of -0.72 indicates that around 72.0% of current Prakash Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 99.64 |
Prakash Industries lagged returns against current returns
Autocorrelation, which is Prakash Industries 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 Prakash Industries' stock expected returns. We can calculate the autocorrelation of Prakash Industries returns to help us make a trade decision. For example, suppose you find that Prakash Industries 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 |
Prakash Industries 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 Prakash Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prakash Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prakash Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Prakash Industries Lagged Returns
When evaluating Prakash Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prakash Industries stock have on its future price. Prakash Industries 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, Prakash Industries autocorrelation shows the relationship between Prakash Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Prakash Industries 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 Prakash Stock
Prakash Industries financial ratios help investors to determine whether Prakash 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 Prakash with respect to the benefits of owning Prakash Industries security.