We consider Eros International not very risky. Eros International Plc secures Sharpe Ratio (or Efficiency) of 0.0985 which denotes Eros International Plc had 0.0985% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Eros International Plc which you can use to evaluate future volatility of the firm. Please confirm Eros International Plc Coefficient Of Variation of 1075.81, Mean Deviation of 1.07 and Downside Deviation of 1.08 to check if risk estimate we provide are consistent with the epected return of 0.1464%.
|Time Horizon||30 Days Login to change|
Eros International Market Sensitivity
|As returns on market increase, Eros International returns are expected to increase less than the market. However during bear market, the loss on holding Eros International will be expected to be smaller as well.One Month Beta |Analyze Eros International Plc Demand TrendCheck current 30 days Eros International correlation with market (DOW)|
β = 0.2037
Eros International Plc Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Eros International has beta of 0.2037 suggesting as returns on market go up, Eros International average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Eros International Plc will be expected to be much smaller as well. Moreover, Eros International Plc has an alpha of 0.1403 implying that it can potentially generate 0.1403% excess return over DOW after adjusting for the inherited market risk (beta).
Given the investment horizon of 30 days, the coefficient of variation of Eros International is 1014.97. The daily returns are destributed with a variance of 2.21 and standard deviation of 1.49. The mean deviation of Eros International Plc is currently at 1.1. For similar time horizon, the selected benchmark (DOW) has volatility of 1.12