The firm shows Beta (market volatility) of 0.066 which signifies that as returns on market increase, Aditya Birla returns are expected to increase less than the market. However during bear market, the loss on holding Aditya Birla will be expected to be smaller as well. Even though it is essential to pay attention to Aditya Birla Fashion
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing 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
. Aditya Birla Fashion and Retail Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Aditya Birla Fashion
has expected return of -0.1733%. Please be advised to confirm Aditya Birla Fashion Information Ratio
as well as the relationship
between Potential Upside
to decide if Aditya Birla Fashion
past performance will be repeated at some point in the near future.
Over the last 30 days Aditya Birla Fashion and Retail Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Allthough latest weak performance, the Stock's forward indicators remain persistent and the existing mess on Wall Street may also be a sign of long standing gains for the corporation partners.
|Fifty Two Week Low||132.10|
|Target High Price||215.00|
|Fifty Two Week High||236.90|
|Target Low Price||172.00|