Macroaxis considers Sri Adhikari to be relatively volatile. Sri Adhikari Brothers
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1938 which indicates Sri Adhikari Brothers
had -0.1938% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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
. Sri Adhikari Brothers Television Network Limited exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sri Adhikari Coefficient Of Variation
of 3,634 and Risk Adjusted Performance of 0.004345 to confirm risk estimate we provide. Macroaxis gives Sri Adhikari performance score of 0 on a scale of 0 to 100. The entity has beta of 0.4606 which indicates as returns on market increase, Sri Adhikari returns are expected to increase less than the market. However during bear market, the loss on holding Sri Adhikari will be expected to be smaller as well.. Even though it is essential to pay attention to Sri Adhikari Brothers current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Sri Adhikari Brothers Television Network Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Sri Adhikari Brothers has expected return of -0.3919%. Please be advised to validate Sri Adhikari Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Sri Adhikari Brothers past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.62 |
Sri Adhikari Brothers Television Network Limited has good predictability. Overlapping area represents the amount of predictability between Sri Adhikari 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 Sri Adhikari Brothers price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Sri Adhikari price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.5|