Alka Securities (India) Risk Analysis And Volatility Evaluation

ALKASEC -- India Stock  

INR 0.24  0.01  4.00%

Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Alka Securities Ltd which you can use to evaluate future volatility of the firm. Please confirm Alka Securities Risk Adjusted Performance of 0.10 and Mean Deviation of 1.03 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Alka Securities Market Sensitivity

As returns on market increase, returns on owning Alka Securities are expected to decrease at a much smaller rate. During bear market, Alka Securities is likely to outperform the market.
One Month Beta |Analyze Alka Securities Demand Trend
Check current 30 days Alka Securities correlation with market (DOW)
β = -0.101

Alka Securities Central Daily Price Deviation

Alka Securities Technical Analysis

Transformation
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Alka Securities Projected Return Density Against Market

Assuming 30 trading days horizon, Alka Securities Ltd has beta of -0.101 . This suggests as returns on benchmark increase, returns on holding Alka Securities are expected to decrease at a much smaller rate. During bear market, however, Alka Securities Ltd is likely to outperform the market. Additionally, Alka Securities Ltd 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 
α
Alpha over DOW
=0.19
β
Beta against DOW=0.1
σ
Overall volatility
=0.00
Ir
Information ratio =0.05

Alka Securities Return Volatility

Alka Securities Ltd accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.222% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Alka Securities Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Alka Securities Investment Opportunity

DOW has a standard deviation of returns of 1.22 and is 9.223372036854776E16 times more volatile than Alka Securities Ltd. 0% of all equities and portfolios are less risky than Alka Securities. Compared to the overall equity markets, volatility of historical daily returns of Alka Securities Ltd is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Alka Securities Ltd to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Alka Securities to be traded at 0.2304 in 30 days. As returns on market increase, returns on owning Alka Securities are expected to decrease at a much smaller rate. During bear market, Alka Securities is likely to outperform the market.

Alka Securities correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Alka Securities Ltd and equity matching DJI index in the same portfolio.

Alka Securities Volatility Indicators

Alka Securities Ltd Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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