Macroaxis considers Madhav Marbles to be not too volatile. Madhav Marbles and
has Sharpe Ratio of -0.1951 which conveys that Madhav Marbles and
had -0.1951% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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
. Madhav Marbles exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Madhav Marbles and Granites Limited Mean Deviation
of 1.72 and Risk Adjusted Performance
of 0.031003 to check out risk estimate we provide. Macroaxis gives Madhav Marbles performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.3811 which conveys that as returns on market increase, Madhav Marbles returns are expected to increase less than the market. However during bear market, the loss on holding Madhav Marbles will be expected to be smaller as well.. Even though it is essential to pay attention to Madhav Marbles and price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Madhav Marbles exposes twenty-one different technical indicators which can help you to evaluate its performance. Madhav Marbles and has expected return of -0.4714%. Please be advised to verify Madhav Marbles and Granites Limited Information Ratio, Value At Risk and the relationship between Standard Deviation and Treynor Ratio to decide if Madhav Marbles and past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.42 |
Madhav Marbles and Granites Limited has average predictability. Overlapping area represents the amount of predictability between Madhav Marbles time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 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 Madhav Marbles and price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Madhav Marbles price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.58|