Macroaxis considers Arambhan Hospitality to be relatively volatile. Arambhan Hospitality
secures Sharpe Ratio (or Efficiency) of -0.3338 which signifies that Arambhan Hospitality
had -0.3338% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing 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
. Arambhan Hospitality Services exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Arambhan Hospitality Mean Deviation
of 1.59 and Risk Adjusted Performance
of 0.14 to double-check risk estimate we provide. Macroaxis gives Arambhan Hospitality performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.0701 which signifies that Arambhan Hospitality returns are very sensitive to returns on the market. as market goes up or down, Arambhan Hospitality is expected to follow.. Even though it is essential to pay attention to Arambhan Hospitality historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing 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. Arambhan Hospitality Services exposes twenty-one different technical indicators which can help you to evaluate its performance. Arambhan Hospitality has expected return of -1.0116%. Please be advised to confirm Arambhan Hospitality Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if Arambhan Hospitality past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
Arambhan Hospitality Services has no correlation between past and present. Overlapping area represents the amount of predictability between Arambhan Hospitality time series from August 26, 2018 to September 10, 2018 and September 10, 2018 to September 25, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arambhan Hospitality price movement. The serial correlation of 0.0 indicates that just 0.0% of current Arambhan Hospitality price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.5|