Collecting data for HARITASEA
Macroaxis gives Harita performance score of 0 on a scale of 0 to 100. The entity retains Market Volatility (i.e. Beta) of -0.5569 which attests that as returns on market increase, returns on owning Harita are expected to decrease at a much smaller rate. During bear market, Harita is likely to outperform the market.. Even though it is essential to pay attention to Harita Seating Systems
current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Harita Seating Systems exposes twenty-one different technical indicators which can help you to evaluate its performance. Harita Seating Systems
has expected return of -0.4571%. Please be advised to check out Harita Variance
, Value At Risk
as well as the relationship
between Value At Risk and Skewness
to decide if Harita Seating Systems
past performance will be repeated at some point in the near future.
Relative Risk vs. Return Landscape
If you would invest 9,950
in Harita Seating Systems Limited on August 2, 2014
and sell it today you would lose (320.00)
from holding Harita Seating Systems Limited or give up 3.22%
of portfolio value over 30
days. Harita Seating Systems Limited is generating negative expected returns and assumes 4.5323% volatility on return distribution over the 30 days horizon. Simply put, 46% of equities are less volatile than Harita Seating Systems Limited and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Harita Seating Systems Limited is expected to under-perform the market. In addition to that, the company is 9.79 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The NYSE is currently generating roughly 0.27 per unit of volatility.
Based on recorded statements Harita Seating Systems Limited has Operating Margin of 4.64%. This is 182.12% lower than that of the Consumer Goods sector, and 161.38% lower than that of Auto Parts
industry, The Operating Margin for all stocks is 145.05% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Over the last 30 days Harita Seating Systems Limited has generated negative risk-adjusted returns adding no value to investors with long positions.
1 Month Efficiency (a.k Sharpe Ratio)
Estimated Market Risk
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Based on monthly moving average Harita is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Harita
by adding it to a well-diversified