Eros International Risk Analysis

Eros International Plc -- USA Stock  

USD 13.25  0.65  4.68%

Macroaxis considers Eros International to be moderately volatile. Eros International Plc secures Sharpe Ratio (or Efficiency) of -0.1307 which denotes Eros International Plc had -0.1307% 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-eight 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 (1,176) and Mean Deviation of 2.95 to check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

Eros International Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Eros International will likely underperform.
One Month Beta |Analyze Eros International Plc Demand Trend
Check current 30 days Eros International correlation with market (DOW)
β = 2.9886
Eros International Large BetaEros International Plc Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 2.9886 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Eros International will likely underperform. 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 -765.16. The daily returns are destributed with a variance of 14.4 and standard deviation of 3.79. The mean deviation of Eros International Plc is currently at 3.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.23
α
Alpha over DOW
=(0.7) 
βBeta against DOW= 2.99 
σ
Overall volatility
= 3.79 
 IrInformation ratio =(0.12) 

Actual Return Volatility

Eros International Plc inherits 3.7944% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2355% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Eros International Volatility Factors

30 Days Market Risk

Moderately volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Hypersensitive to 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 3.79 and is 15.79 times more volatile than DOW. 35% 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 35 (%) of all global equities and portfolios over the last 30 days. Use Eros International Plc to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Eros International to be traded at $12.59 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Eros International will likely underperform.

Eros International correlation with market

Average 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