| BIMETAL -- India Stock | | INR 585.90 3.50 0.59% |
Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bimetal Bearings Limited is
'Buy'. Macroaxis provides Bimetal Bearings buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BIMETAL positions. The advice algorithm takes into account all of Bimetal Bearings Limited available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from BIMETAL buy-and-hold prospective. Check also
Bimetal Bearings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use
Instant Ratings tool.
Buy
| |
| |
| Analyst ConsensusNot Available |
| |
For the selected time horizon Bimetal Bearings Limited has a risk adjusted performance of 0.0715, jensen alpha of 0.1188, total risk alpha of
0.13, sortino ratio of 0.1106 and treynor ratio of 0.1669
Macroaxis provides buy, hold, or sell suggestion on Bimetal Bearings Limited to complement and cross-verify current
analyst consensus on Bimetal Bearings Limited. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Bimetal Bearings is not overpriced, please confirm all Bimetal Bearings Limited fundamentals including its
Revenue,
Cash Flow from Operations,
Five Year Return, as well as the
relationship between
Cash per Share and
Total Asset .
Bimetal Bearings Returns Distribution Density
| Mean Return | 0.28 | Value At Risk | 1.44 |
| Potential Upside | 3.06 | Standard Deviation | 1.71 |
Bimetal Bearings Greeks
α | Alpha over DOW | = | 0.12 | |
β | Beta against DOW | = | 1.59 | |
σ | Overall volatility | = | 1.68 | |
Ir | Information ratio | = | 0.10 | |
Bimetal Bearings Volatility Alert
Bimetal Bearings Limited has relatively low volatility with skewness of 0.61 and kurtosis of 0.65. However, we advise all investors to independently investigate Bimetal Bearings Limited to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
Bimetal Bearings Fundamental Vs Peers
USD Crypto Assets
An experimental p2p digital currency that is accepted by many vendors in US Dollar. USD Crypto Assets theme has 13 constituents.
