The firm shows Beta (market volatility) of -0.1467 which signifies that as returns on market increase, returns on owning Aditya Birla are expected to decrease at a much smaller rate. During bear market, Aditya Birla is likely to outperform the market. Although it is extremely important to respect Aditya Birla Fashion historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 Aditya Birla Fashion technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Aditya Birla Fashion right now shows a risk of 0.0%. Please confirm Aditya Birla Fashion Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if Aditya Birla Fashion will be following its price patterns.
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Aditya Birla Fashion Relative Risk vs. Return LandscapeIf you would invest 17,405 in Aditya Birla Fashion and Retail Limited on January 24, 2019 and sell it today you would earn a total of 0.00 from holding Aditya Birla Fashion and Retail Limited or generate 0.0% return on investment over 30 days. Aditya Birla Fashion and Retail Limited 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 Aditya Birla and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Aditya Birla Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days Aditya Birla Fashion and Retail Limited has generated negative risk-adjusted returns adding no value to investors with long positions.