Eros International Risk Analysis

Eros International Plc -- USA Stock  

USD 10  0.05  0.5%

Macroaxis considers Eros International to be relatively volatile. Eros International Plc secures Sharpe Ratio (or Efficiency) of -0.3058 which denotes Eros International Plc had -0.3058% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting 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. Eros International Plc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Eros International Plc Coefficient Of Variation of (554.53) and Mean Deviation of 3.1 to check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

Eros International Market Sensitivity

As returns on market increase, returns on owning Eros International are expected to decrease at a much smaller rate. During bear market, Eros International is likely to outperform the market.
One Month Beta |Analyze Eros International Plc Demand Trend
Check current 30 days Eros International correlation with market (DOW)
β = -0.3849
Eros International Almost negative betaEros International Plc Beta Legend

Eros International Plc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Eros International Plc 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

Given the investment horizon of 30 days, Eros International Plc has beta of -0.3849 suggesting as returns on benchmark increase, returns on holding Eros International are expected to decrease at a much smaller rate. During bear market, however, Eros International Plc is likely to outperform the market. Additionally, Eros International Plc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Eros International is -327.05. The daily returns are destributed with a variance of 19.15 and standard deviation of 4.38. The mean deviation of Eros International Plc is currently at 3.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.73
βBeta against DOW=0.38
σ
Overall volatility
=4.38
 IrInformation ratio =0.24

Actual Return Volatility

Eros International Plc inherits 4.3765% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4606% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Eros International Volatility Factors

30 Days Market Risk

Relatively volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Almost neglects market

Total Debt

Eros International Plc Total Debt History

Total Debt

Largest Trends

Eros International Largest Period Trend

Investment Outlook

Eros International Investment Opportunity
Eros International Plc has a volatility of 4.38 and is 9.52 times more volatile than DOW. 40% of all equities and portfolios are less risky than Eros International. Compared to the overall equity markets, volatility of historical daily returns of Eros International Plc is lower than 40 (%) of all global equities and portfolios over the last 30 days. Use Eros International Plc to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Eros International to be traded at $9.9 in 30 days. As returns on market increase, returns on owning Eros International are expected to decrease at a much smaller rate. During bear market, Eros International is likely to outperform the market.

Eros International correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Eros International Plc and equity matching DJI index in the same portfolio.

Volatility Indicators

Eros International Current Risk Indicators