Techno Electric (India) Market Value
| TECHNOE Stock | 1,447 15.80 1.08% |
| Symbol | Techno |
Techno Electric '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 Techno Electric'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 Techno Electric.
| 05/02/2025 |
| 07/31/2025 |
If you would invest 0.00 in Techno Electric on May 2, 2025 and sell it all today you would earn a total of 0.00 from holding Techno Electric Engineering or generate 0.0% return on investment in Techno Electric over 90 days. Techno Electric is related to or competes with Uniinfo Telecom, Shree Pushkar, Punjab Chemicals, Tata Communications, Sudarshan Chemical, Kavveri Telecom, and Himadri Speciality. Techno Electric is entity of India. It is traded as Stock on NSE exchange. More
Techno Electric 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 Techno Electric'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 Techno Electric Engineering upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.1077 | |||
| Maximum Drawdown | 18.54 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 4.85 |
Techno Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techno Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Techno Electric's standard deviation. In reality, there are many statistical measures that can use Techno Electric historical prices to predict the future Techno Electric's volatility.| Risk Adjusted Performance | 0.1319 | |||
| Jensen Alpha | 0.5883 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | (0.66) |
Techno Electric Engi Backtested Returns
Techno Electric appears to be very steady, given 3 months investment horizon. Techno Electric Engi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. By inspecting Techno Electric's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Techno Electric's Semi Deviation of 1.72, risk adjusted performance of 0.1319, and Coefficient Of Variation of 612.71 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Techno Electric holds a performance score of 13. The entity has a beta of -0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Techno Electric are expected to decrease at a much lower rate. During the bear market, Techno Electric is likely to outperform the market. Please check Techno Electric's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Techno Electric's existing price patterns will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Techno Electric Engineering has very weak reverse predictability. Overlapping area represents the amount of predictability between Techno Electric time series from 2nd of May 2025 to 16th of June 2025 and 16th of June 2025 to 31st 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 Techno Electric Engi price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Techno Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 3107.21 |
Techno Electric Engi lagged returns against current returns
Autocorrelation, which is Techno Electric 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 Techno Electric's stock expected returns. We can calculate the autocorrelation of Techno Electric returns to help us make a trade decision. For example, suppose you find that Techno Electric 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 |
Techno Electric 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 Techno Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Techno Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Techno Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Techno Electric Lagged Returns
When evaluating Techno Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Techno Electric stock have on its future price. Techno Electric 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, Techno Electric autocorrelation shows the relationship between Techno Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Techno Electric Engineering.
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 Techno Stock
Techno Electric financial ratios help investors to determine whether Techno 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 Techno with respect to the benefits of owning Techno Electric security.