We consider Aura Investments unknown risk. Aura Investments secures Sharpe Ratio (or Efficiency) of 0.009 which signifies that the organization had 0.009% of return per unit of risk over the last 2 months. 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 Aura Investments Ltd which you can use to evaluate future volatility of the firm. Please confirm Aura Investments Risk Adjusted Performance of
(0.004666) and Mean Deviation of 2.18 to double-check if risk estimate we provide are consistent with the epected return of 0.0186%.
|Horizon||30 Days Login to change|
Aura Investments Market Sensitivity
|As returns on market increase, returns on owning Aura Investments are expected to decrease at a much smaller rate. During bear market, Aura Investments is likely to outperform the market. 2 Months Beta |Analyze Aura Investments Demand TrendCheck current 30 days Aura Investments correlation with market (DOW)|
β = -0.5082
Aura Investments Central Daily Price Deviation
Aura Investments Technical Analysis
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Aura Investments Projected Return Density Against MarketAssuming 30 trading days horizon, Aura Investments Ltd has beta of -0.5082 . This suggests as returns on benchmark increase, returns on holding Aura Investments are expected to decrease at a much smaller rate. During bear market, however, Aura Investments Ltd 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. Aura Investments is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Aura Investments is 11108.95. The daily returns are destributed with a variance of 4.28 and standard deviation of 2.07. The mean deviation of Aura Investments Ltd is currently at 1.42. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
|Alpha over DOW||=||0.03|
|Beta against DOW||=||0.51|
Aura Investments Return Volatilitythe company accepts 2.0677% volatility on return distribution over the 30 days horizon. the entity inherits 0.6944% risk (volatility on return distribution) over the 30 days horizon.
Aura Investments Ltd has a volatility of 2.07 and is 3.0 times more volatile than DOW. 18% of all equities and portfolios are less risky than Aura Investments. Compared to the overall equity markets, volatility of historical daily returns of Aura Investments Ltd is lower than 18 (%) of all global equities and portfolios over the last 30 days. Use Aura Investments Ltd to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Aura Investments to be traded at S261.12 in 30 days. . As returns on market increase, returns on owning Aura Investments are expected to decrease at a much smaller rate. During bear market, Aura Investments is likely to outperform the market.
Aura Investments correlation with market