Macroaxis considers Bharat Immunologicals not very volatile given 1 month investment horizon. Bharat Immunologicals secures Sharpe Ratio (or Efficiency) of 0.1202 which signifies that Bharat Immunologicals had 0.1202% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Bharat Immunologicals Biologicals Corp Ltd which you can use to evaluate future volatility of the firm. Please makes use of Bharat Immunologicals to double-check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
Bharat Immunologicals Technical Analysis
Projected Return Density Against MarketAssuming 30 trading days horizon, Bharat Immunologicals has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Bharat Immunologicals are completely uncorrelated. Furthermore, Bharat Immunologicals Biologicals Corp LtdIt does not look like Bharat Immunologicals alpha can have any bearing on the equity current valuation.
Predicted Return Density