The firm owns Beta (Systematic Risk) of 0.4369 which denotes to the fact that as returns on market increase, Dr Reddys returns are expected to increase less than the market. However during bear market, the loss on holding Dr Reddys will be expected to be smaller as well. Although it is extremely important to respect Dr Reddys Laboratories
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way of predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By reviewing Dr Reddys Laboratories technical indicators
you can right now evaluate if the expected return of 0.005% will be sustainable into the future. Dr Reddys Laboratories
at this time owns a risk of 1.4564%. Please confirm Dr Reddys Laboratories Ltd Standard Deviation
as well as the relationship
between Value At Risk
to decide if Dr Reddys Laboratories Ltd will be following its current price history.
Over the last 30 days Dr Reddys Laboratories Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Inspite fairly strong basic indicators, Dr Reddys is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||31.69|
|Target High Price||39.00|
|Fifty Two Week High||42.82|
|Trailing Annual Dividend Yield||0.80%|
|Target Low Price||33.50|