Macroaxis considers MBL Infrastructures to be not very volatile. MBL Infrastructures
has Sharpe Ratio of -0.1229 which conveys that MBL Infrastructures
had -0.1229% of return per unit of volatility over the last 1 month. Macroaxis way of 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
. MBL Infrastructures exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MBL Infrastructures Limited Market Risk Adjusted Performance
of 0.10 and Mean Deviation of 3.26 to check out risk estimate we provide. Macroaxis gives MBL Infrastructures performance score of 0 on a scale of 0 to 100. The corporation secures Beta (Market Risk) of 3.5607 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, MBL Infrastructures will likely underperform.. Even though it is essential to pay attention to MBL Infrastructures price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis way of 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. MBL Infrastructures exposes twenty-one different technical indicators which can help you to evaluate its performance. MBL Infrastructures has expected return of -0.5075%. Please be advised to verify MBL Infrastructures Limited Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if MBL Infrastructures past performance will be repeated in the future.
|15 days auto-correlation|| 0.50 |
MBL Infrastructures Limited has modest predictability. Overlapping area represents the amount of predictability between MBL Infrastructures time series from August 21, 2018 to September 5, 2018 and September 5, 2018 to September 20, 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 MBL Infrastructures price movement. The serial correlation of 0.5 indicates that about 50.0% of current MBL Infrastructures price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.24|