Saven Technologies (India) Risk Analysis And Volatility

7TEC -- India Stock  

INR 23.90  0.40  1.70%

Macroaxis considers Saven Technologies unknown risk given 2 months investment horizon. Saven Technologies owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1902 which indicates the firm had 0.1902% of return per unit of risk over the last 2 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By inspecting Saven Technologies technical indicators you can presently evaluate if the expected return of 0.9439% is justified by implied risk. Please operate Saven Technologies Coefficient Of Variation of 281.74, Risk Adjusted Performance of 0.6431 and Semi Deviation of 3.48 to confirm if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Saven Technologies Market Sensitivity

As returns on market increase, returns on owning Saven Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Saven Technologies is expected to significantly outperform it.
2 Months Beta |Analyze Saven Technologies Demand Trend
Check current 30 days Saven Technologies correlation with market (DOW)
β = -1.2673

Saven Technologies Central Daily Price Deviation

Saven Technologies Technical Analysis

Transformation
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Saven Technologies Projected Return Density Against Market

Assuming 30 trading days horizon, Saven Technologies Limited has beta of -1.2673 . This suggests as returns on its benchmark rise, returns on holding Saven Technologies Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Saven Technologies is expected to outperform its benchmark. In addition to that, The company has an alpha of 1.847 implying that it can potentially generate 1.847% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Saven Technologies is 525.63. The daily returns are destributed with a variance of 24.62 and standard deviation of 4.96. The mean deviation of Saven Technologies Limited is currently at 3.51. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=1.85
β
Beta against DOW=1.27
σ
Overall volatility
=4.96
Ir
Information ratio =0.34

Saven Technologies Return Volatility

the corporation accepts 4.9617% volatility on return distribution over the 30 days horizon. the entity inherits 1.8362% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Saven Technologies Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Saven Technologies Investment Opportunity

Saven Technologies Limited has a volatility of 4.96 and is 2.7 times more volatile than DOW. 45% of all equities and portfolios are less risky than Saven Technologies. Compared to the overall equity markets, volatility of historical daily returns of Saven Technologies Limited is lower than 45 (%) of all global equities and portfolios over the last 30 days. Use Saven Technologies Limited to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Saven Technologies to be traded at 26.29 in 30 days. . As returns on market increase, returns on owning Saven Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Saven Technologies is expected to significantly outperform it.

Saven Technologies correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Saven Technologies Limited and equity matching DJI index in the same portfolio.

Saven Technologies Volatility Indicators

Saven Technologies Limited Current Risk Indicators

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