ATN International (India) Risk Analysis And Volatility

ATNINTER -- India Stock  

INR 0.05  0.00  0.00%

Macroaxis considers ATN International to be unknown risk. ATN International secures Sharpe Ratio (or Efficiency) of -0.3988 which signifies that the organization had -0.3988% of return per unit of return volatility over the last 2 months. Macroaxis way of foreseeing 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. ATN International Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ATN International Mean Deviation of 2.61 and Risk Adjusted Performance of (0.47) to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

ATN International Market Sensitivity

As returns on market increase, returns on owning ATN International are expected to decrease at a much smaller rate. During bear market, ATN International is likely to outperform the market.
2 Months Beta |Analyze ATN International Demand Trend
Check current 30 days ATN International correlation with market (DOW)
β = -0.1697

ATN International Central Daily Price Deviation

ATN International Technical Analysis

Transformation
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ATN International Projected Return Density Against Market

Assuming 30 trading days horizon, ATN International Limited has beta of -0.1697 . This suggests as returns on benchmark increase, returns on holding ATN International are expected to decrease at a much smaller rate. During bear market, however, ATN International Limited is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. ATN International is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ATN International is -250.78. The daily returns are destributed with a variance of 165.72 and standard deviation of 12.87. The mean deviation of ATN International Limited is currently at 8.62. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=1.4
β
Beta against DOW=0.17
σ
Overall volatility
=12.87
Ir
Information ratio =0.28

ATN International Return Volatility

the firm accepts 12.8733% volatility on return distribution over the 30 days horizon. the entity inherits 1.8873% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ATN International Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

ATN International Investment Opportunity

ATN International Limited has a volatility of 12.87 and is 6.81 times more volatile than DOW. 96% of all equities and portfolios are less risky than ATN International. Compared to the overall equity markets, volatility of historical daily returns of ATN International Limited is higher than 96 (%) of all global equities and portfolios over the last 30 days. Use ATN International Limited to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of ATN International to be traded at 0.0495 in 30 days. . As returns on market increase, returns on owning ATN International are expected to decrease at a much smaller rate. During bear market, ATN International is likely to outperform the market.

ATN International correlation with market

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

ATN International Volatility Indicators

ATN International Limited Current Risk Indicators

Check also Trending Equities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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