Macroaxis considers Sanwaria Consumer to be moderately volatile. Sanwaria Consumer Limited
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0647 which indicates Sanwaria Consumer Limited
had -0.0647% 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
. Sanwaria Consumer Limited exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sanwaria Consumer Coefficient Of Variation
of 545.11 and Risk Adjusted Performance of 0.06 to confirm risk estimate we provide. Macroaxis gives Sanwaria Consumer performance score of 0 on a scale of 0 to 100. The entity has beta of 1.7109 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Sanwaria Consumer will likely underperform.. Even though it is essential to pay attention to Sanwaria Consumer Limited 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. Sanwaria Consumer Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Sanwaria Consumer Limited has expected return of -0.2165%. Please be advised to validate Sanwaria Consumer Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Sanwaria Consumer Limited past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.06 |
Virtually no predictability
Sanwaria Consumer Limited has virtually no predictability. Overlapping area represents the amount of predictability between Sanwaria Consumer 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 Sanwaria Consumer Limited price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Sanwaria Consumer price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.18|