Macroaxis considers Capacite Infraprojects to be not too risky. Capacite Infraprojects
secures Sharpe Ratio (or Efficiency) of -0.2781 which signifies that Capacite Infraprojects
had -0.2781% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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
. Capacite Infraprojects Limited exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Capacite Infraprojects Risk Adjusted Performance
of 0.12 and Mean Deviation of 0.7168 to double-check risk estimate we provide. Macroaxis gives Capacite Infraprojects performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1786 which signifies that as returns on market increase, returns on owning Capacite Infraprojects are expected to decrease at a much smaller rate. During bear market, Capacite Infraprojects is likely to outperform the market.. Even though it is essential to pay attention to Capacite Infraprojects historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards 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. Capacite Infraprojects Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Capacite Infraprojects has expected return of -0.3483%. Please be advised to confirm Capacite Infraprojects Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Capacite Infraprojects past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.60 |
Capacite Infraprojects Limited has good predictability. Overlapping area represents the amount of predictability between Capacite Infraprojects time series from August 25, 2018 to September 9, 2018 and September 9, 2018 to September 24, 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 Capacite Infraprojects price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Capacite Infraprojects price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.63|