Saven Technologies (India) Risk Analysis And Volatility Evaluation

7TEC -- India Stock  

INR 9.76  3.24  24.92%

Macroaxis considers Saven Technologies to be relatively volatile. Saven Technologies owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0884 which indicates Saven Technologies had -0.0884% 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. Saven Technologies Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Saven Technologies Coefficient Of Variation of 371.68 and Risk Adjusted Performance of 0.12 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Saven Technologies Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Saven Technologies will likely underperform.
One Month Beta |Analyze Saven Technologies Demand Trend
Check current 30 days Saven Technologies correlation with market (DOW)
β = 3.4516
Saven Technologies Large BetaSaven Technologies Beta Legend

Saven Technologies Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Saven Technologies Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Saven Technologies Projected Return Density Against Market

Assuming 30 trading days horizon, the stock has beta coefficient of 3.4516 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Saven Technologies will likely underperform. Additionally, Saven Technologies Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Saven Technologies is -1131.38. The daily returns are destributed with a variance of 11.29 and standard deviation of 3.36. The mean deviation of Saven Technologies Limited is currently at 2.35. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=2.2
β
Beta against DOW=3.45
σ
Overall volatility
=3.36
Ir
Information ratio =0.29

Saven Technologies Return Volatility

Saven Technologies Limited accepts 3.3594% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Saven Technologies Volatility Factors

30 Days Market Risk

Relatively volatile

Chance of Distress in 24 months

About average

30 Days Economic Sensitivity

Hypersensitive to market

Investment Outlook

Saven Technologies Investment Opportunity

Saven Technologies Limited has a volatility of 3.36 and is 7.47 times more volatile than DOW. 30% 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 30 (%) of all global equities and portfolios over the last 30 days. Use Saven Technologies Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Saven Technologies to be traded at 9.27 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Saven Technologies will likely underperform.

Saven Technologies correlation with market

Modest 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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