ESAB INDIA (India) Performance

The firm owns Beta (Systematic Risk) of 0.0 which denotes to the fact that the returns on MARKET and ESAB INDIA are completely uncorrelated. Although it is extremely important to respect ESAB INDIA LTD existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing ESAB INDIA LTD technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future. ESAB INDIA LTD now owns a risk of 0.0%. Please confirm ESAB INDIA LTD Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if ESAB INDIA LTD will be following its current price history.

Risk-Adjusted Performance

Over the last 30 days ESAB INDIA LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, ESAB INDIA is not utilizing all of its potentials. The existing stock price disturbance, may contribute to short term losses for the investors.

ESAB INDIA LTD Relative Risk vs. Return Landscape

If you would invest (100.00)  in ESAB INDIA LTD on January 19, 2020 and sell it today you would earn a total of  100.00  from holding ESAB INDIA LTD or generate -100.0% return on investment over 30 days. ESAB INDIA LTD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than ESAB INDIA and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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ESAB INDIA Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average ESAB INDIA is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ESAB INDIA by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

ESAB INDIA LTD is not yet fully synchronised with the market data
ESAB INDIA LTD has some characteristics of a very speculative penny stock
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