Bharat Immunologicals (India) Risk Analysis And Volatility Evaluation

BIBCL -- India Stock  

INR 19.55  0.000001  0.00%

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

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Bharat Immunologicals Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 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 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Bharat Immunologicals is 831.85. The daily returns are destributed with a variance of 16.66 and standard deviation of 4.08. The mean deviation of Bharat Immunologicals Biologicals Corp Ltd is currently at 2.8. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=4.08
Ir
Information ratio =0.00

Actual Return Volatility

Bharat Immunologicals Biologicals Corp Ltd accepts 4.0819% volatility on return distribution over the 30 days horizon. DOW inherits 0.5956% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Bharat Immunologicals Volatility Factors

30 Days Market Risk

Not very volatile

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Bharat Immunologicals Investment Opportunity
Bharat Immunologicals Biologicals Corp Ltd has a volatility of 4.08 and is 6.8 times more volatile than DOW. 37% of all equities and portfolios are less risky than Bharat Immunologicals. Compared to the overall equity markets, volatility of historical daily returns of Bharat Immunologicals Biologicals Corp Ltd is lower than 37 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Bharat Immunologicals Current Risk Indicators
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