Bharat Immunologicals (India) Risk Analysis And Volatility

BIBCL -- India Stock  

INR 6.91  0.24  3.60%

Macroaxis considers Bharat Immunologicals to be very risky. Bharat Immunologicals secures Sharpe Ratio (or Efficiency) of -0.1662 which signifies that the organization had -0.1662% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Bharat Immunologicals Biologicals Corp Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bharat Immunologicals Mean Deviation of 2.6 and Risk Adjusted Performance of (0.09) to double-check risk estimate we provide.

60 Days Market Risk

Very risky

Chance of Distress in 24 months

Close to average

60 Days Economic Sensitivity

Moves totally opposite to market
Horizon     30 Days    Login   to change

Bharat Immunologicals Market Sensitivity

Bharat Immunologicals Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Developed by Larry Williams, the Weighted Close is the average of Bharat Immunologicals high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Bharat Immunologicals closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Bharat Immunologicals Projected Return Density Against Market

Assuming 30 trading days horizon, Bharat Immunologicals Biologicals Corp Ltd has beta of -0.91 . This suggests Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Bharat Immunologicals is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Bharat Immunologicals is -601.78. The daily returns are destributed with a variance of 20.7 and standard deviation of 4.55. The mean deviation of Bharat Immunologicals Biologicals Corp Ltd is currently at 3.03. For similar time horizon, the selected benchmark (DOW) has volatility of 0.65
α
Alpha over DOW
=0.46
β
Beta against DOW=0.91
σ
Overall volatility
=4.55
Ir
Information ratio =0.18

Bharat Immunologicals Return Volatility

the company accepts 4.5501% volatility on return distribution over the 30 days horizon. the entity inherits 0.6457% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Bharat Immunologicals Investment Opportunity

Bharat Immunologicals Biologicals Corp Ltd has a volatility of 4.55 and is 7.0 times more volatile than DOW. 40% 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 40 (%) of all global equities and portfolios over the last 30 days. Use Bharat Immunologicals Biologicals Corp Ltd to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Bharat Immunologicals to be traded at 8.29 in 30 days. .

Bharat Immunologicals correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Bharat Immunologicals Biologic and equity matching DJI index in the same portfolio.

Bharat Immunologicals Current Risk Indicators

Bharat Immunologicals Suggested Diversification Pairs

Check also Trending Equities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Search macroaxis.com