The corporation shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BANKINDIA4 are completely uncorrelated. Although it is extremely important to respect BANKINDIA4 historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining BANKINDIA4 technical indicators you can right now evaluate if the expected return of 0.0% will be sustainable into the future. BANKINDIA4 at this time shows a risk of 0.0%. Please confirm BANKINDIA4 Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if BANKINDIA4 will be following its price patterns.
|Horizon||30 Days Login to change|
BANKINDIA4 Relative Risk vs. Return LandscapeIf you would invest 0.00 in BANKINDIA4 on January 19, 2019 and sell it today you would earn a total of 0.00 from holding BANKINDIA4 or generate 0.0% return on investment over 30 days. BANKINDIA4 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than BANKINDIA4 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
BANKINDIA4 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days BANKINDIA4 has generated negative risk-adjusted returns adding no value to investors with long positions.