Bombay Burmah (India) Risk Analysis And Volatility

BBTC -- India Stock  

INR 1,198  11.00  0.93%

Macroaxis considers Bombay Burmah to be not too risky. Bombay Burmah secures Sharpe Ratio (or Efficiency) of -0.203 which signifies that the organization had -0.203% 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. The Bombay Burmah Trading Corporation Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bombay Burmah Risk Adjusted Performance of (0.17) and Mean Deviation of 1.18 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Bombay Burmah Market Sensitivity

As returns on market increase, Bombay Burmah returns are expected to increase less than the market. However during bear market, the loss on holding Bombay Burmah will be expected to be smaller as well.
2 Months Beta |Analyze Bombay Burmah Demand Trend
Check current 30 days Bombay Burmah correlation with market (DOW)
β = 0.1172

Bombay Burmah Central Daily Price Deviation

Bombay Burmah Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Bombay Burmah 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.

Bombay Burmah Projected Return Density Against Market

Assuming 30 trading days horizon, Bombay Burmah has beta of 0.1172 . This suggests as returns on market go up, Bombay Burmah average returns are expected to increase less than the benchmark. However during bear market, the loss on holding The Bombay Burmah Trading Corporation Limited will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Bombay Burmah is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Bombay Burmah is -492.68. The daily returns are destributed with a variance of 1.65 and standard deviation of 1.29. The mean deviation of The Bombay Burmah Trading Corporation Limited is currently at 0.87. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.2
β
Beta against DOW=0.12
σ
Overall volatility
=1.29
Ir
Information ratio =0.14

Bombay Burmah Return Volatility

the corporation accepts 1.2854% 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

Bombay Burmah Volatility Factors

60 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

60 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Bombay Burmah Investment Opportunity

DOW has a standard deviation of returns of 1.89 and is 1.47 times more volatile than The Bombay Burmah Trading Corporation Limited. 11% of all equities and portfolios are less risky than Bombay Burmah. Compared to the overall equity markets, volatility of historical daily returns of The Bombay Burmah Trading Corporation Limited is lower than 11 (%) of all global equities and portfolios over the last 30 days. Use The Bombay Burmah Trading Corporation Limited to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Bombay Burmah to be traded at 1317.8 in 30 days. . As returns on market increase, Bombay Burmah returns are expected to increase less than the market. However during bear market, the loss on holding Bombay Burmah will be expected to be smaller as well.

Bombay Burmah correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding The Bombay Burmah Trading Corp and equity matching DJI index in the same portfolio.

Bombay Burmah Volatility Indicators

The Bombay Burmah Trading Corporation Limited Current Risk Indicators

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