Agro Tech (India) Risk Analysis And Volatility Evaluation

ATFL -- India Stock  

INR 635.15  5.15  0.82%

We consider Agro Tech not too risky. Agro Tech Foods secures Sharpe Ratio (or Efficiency) of 0.0649 which signifies that Agro Tech Foods had 0.0649% of return per unit of risk over the last 1 month. 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 Agro Tech Foods Limited which you can use to evaluate future volatility of the firm. Please confirm Agro Tech Foods Risk Adjusted Performance of 0.0018 and Mean Deviation of 1.37 to double-check if risk estimate we provide are consistent with the epected return of 0.1015%.
Horizon     30 Days    Login   to change

Agro Tech Market Sensitivity

As returns on market increase, Agro Tech returns are expected to increase less than the market. However during bear market, the loss on holding Agro Tech will be expected to be smaller as well.
One Month Beta |Analyze Agro Tech Foods Demand Trend
Check current 30 days Agro Tech correlation with market (DOW)
β = 0.1675
Agro Tech Small BetaAgro Tech Foods Beta Legend

Agro Tech Foods Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Agro Tech Foods 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.

Agro Tech Projected Return Density Against Market

Assuming 30 trading days horizon, Agro Tech has beta of 0.1675 . This suggests as returns on market go up, Agro Tech average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Agro Tech Foods Limited will be expected to be much smaller as well. Additionally, Agro Tech Foods 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 Agro Tech is 1541.8. The daily returns are destributed with a variance of 2.45 and standard deviation of 1.56. The mean deviation of Agro Tech Foods Limited is currently at 1.1. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.06
β
Beta against DOW=0.17
σ
Overall volatility
=1.56
Ir
Information ratio =0.11

Agro Tech Return Volatility

Agro Tech Foods Limited accepts 1.5647% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Agro Tech Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Agro Tech Investment Opportunity

Agro Tech Foods Limited has a volatility of 1.56 and is 3.47 times more volatile than DOW. 14% of all equities and portfolios are less risky than Agro Tech. Compared to the overall equity markets, volatility of historical daily returns of Agro Tech Foods Limited is lower than 14 (%) of all global equities and portfolios over the last 30 days. Use Agro Tech Foods Limited to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Agro Tech to be traded at 698.67 in 30 days. As returns on market increase, Agro Tech returns are expected to increase less than the market. However during bear market, the loss on holding Agro Tech will be expected to be smaller as well.

Agro Tech correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Agro Tech Foods Limited and equity matching DJI index in the same portfolio.

Agro Tech Volatility Indicators

Agro Tech Foods Limited Current Risk Indicators

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