Macroaxis considers Avgol Industries to be very steady. Avgol Industries 1953 secures Sharpe Ratio (or Efficiency) of -0.2073 which signifies that the organization had -0.2073% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in 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. Avgol Industries 1953 Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Avgol Industries 1953 Mean Deviation of 1.16 and Risk Adjusted Performance of
(0.029325) to double-check risk estimate we provide.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
Moves indifferently to market moves
|Horizon||30 Days Login to change|
Avgol Industries Market Sensitivity
|As returns on market increase, returns on owning Avgol Industries are expected to decrease at a much smaller rate. During bear market, Avgol Industries is likely to outperform the market. 2 Months Beta |Analyze Avgol Industries 1953 Demand TrendCheck current 30 days Avgol Industries correlation with market (DOW)|
β = -0.0566
Avgol Industries Central Daily Price Deviation
Avgol Industries 1953 Technical Analysis
Avgol Industries Projected Return Density Against MarketAssuming 30 trading days horizon, Avgol Industries 1953 Ltd has beta of -0.0566 . This suggests as returns on benchmark increase, returns on holding Avgol Industries are expected to decrease at a much smaller rate. During bear market, however, Avgol Industries 1953 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. Avgol Industries 1953 is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Avgol Industries is -482.31. The daily returns are destributed with a variance of 2.25 and standard deviation of 1.5. The mean deviation of Avgol Industries 1953 Ltd is currently at 1.05. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.06|
Avgol Industries Return Volatilitythe company accepts 1.5014% volatility on return distribution over the 30 days horizon. the entity inherits 0.5769% risk (volatility on return distribution) over the 30 days horizon.
Avgol Industries Investment Opportunity
Avgol Industries 1953 Ltd has a volatility of 1.5 and is 2.59 times more volatile than DOW. 13% of all equities and portfolios are less risky than Avgol Industries. Compared to the overall equity markets, volatility of historical daily returns of Avgol Industries 1953 Ltd is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Avgol Industries 1953 Ltd to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Avgol Industries to be traded at S377.49 in 30 days. . As returns on market increase, returns on owning Avgol Industries are expected to decrease at a much smaller rate. During bear market, Avgol Industries is likely to outperform the market.
Avgol Industries correlation with market
Avgol Industries Current Risk Indicators
|Risk Adjusted Performance||(0.029325)|
|Market Risk Adjusted Performance||1.72|
|Coefficient Of Variation||(1,805)|
Avgol Industries Suggested Diversification Pairs