Macroaxis considers Top Ramdor to be not too risky. Top Ramdor Systems
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3075 which indicates Top Ramdor Systems
had -0.3075% 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
. Top Ramdor Systems Computers Co Ltd exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Top Ramdor Coefficient Of Variation
of 242.22 and Risk Adjusted Performance of 0.45 to confirm risk estimate we provide. Macroaxis gives Top Ramdor performance score of 0 on a scale of 0 to 100. The entity has beta of -0.2273 which indicates as returns on market increase, returns on owning Top Ramdor are expected to decrease at a much smaller rate. During bear market, Top Ramdor is likely to outperform the market.. Even though it is essential to pay attention to Top Ramdor Systems 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. Top Ramdor Systems Computers Co Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Top Ramdor Systems has expected return of -0.159%. Please be advised to validate Top Ramdor Maximum Drawdown, Potential Upside and the relationship between Treynor Ratio and Value At Risk to decide if Top Ramdor Systems past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.06 |
Virtually no predictability
Top Ramdor Systems Computers Co Ltd has virtually no predictability. Overlapping area represents the amount of predictability between Top Ramdor time series from September 17, 2018 to October 2, 2018 and October 2, 2018 to October 17, 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 Top Ramdor Systems price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Top Ramdor price fluctuation can be explain by its past prices.
|Spearman Rank Test||-0.14|