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
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
|2 Months Beta |Analyze Bharat Immunologicals Demand TrendCheck current 30 days Bharat Immunologicals correlation with market (DOW)|
β = -0.91
Bharat Immunologicals Central Daily Price Deviation
Bharat Immunologicals Technical Analysis
Bharat Immunologicals Projected Return Density Against MarketAssuming 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
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
|Alpha over DOW||=||0.46|
|Beta against DOW||=||0.91|
Bharat Immunologicals Return Volatilitythe 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.
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
Bharat Immunologicals Current Risk Indicators
|Risk Adjusted Performance||(0.09)|
|Market Risk Adjusted Performance||0.6382|
|Coefficient Of Variation||(688.47)|
Bharat Immunologicals Suggested Diversification Pairs