Bombay Burmah (India) Risk Analysis And Volatility Evaluation

BBTC -- India Stock  

INR 1,516  143.60  8.65%

Macroaxis considers Bombay Burmah to be not too risky. The Bombay Burmah secures Sharpe Ratio (or Efficiency) of -0.4749 which signifies that The Bombay Burmah had -0.4749% of return per unit of standard deviation over the last 1 month. 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 The Bombay Burmah Mean Deviation of 2.94, Risk Adjusted Performance of 0.0144 and Semi Deviation of 3.12 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Bombay Burmah Market Sensitivity

As returns on market increase, returns on owning Bombay Burmah are expected to decrease by larger amounts. On the other hand, during market turmoil, Bombay Burmah is expected to significantly outperform it.
One Month Beta |Analyze The Bombay Burmah Demand Trend
Check current 30 days Bombay Burmah correlation with market (DOW)
β = -2.3985
Bombay Burmah Large Negative BetaThe Bombay Burmah Beta Legend

The Bombay Burmah Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. The 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, The Bombay Burmah Trading Corporation Limited has beta of -2.3985 . This suggests as returns on its benchmark rise, returns on holding The Bombay Burmah Trading Corporation Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Bombay Burmah is expected to outperform its benchmark. Moreover, The Bombay Burmah Trading Corporation Limited has an alpha of 0.4459 implying that it can potentially generate 0.4459% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Bombay Burmah is -210.55. The daily returns are destributed with a variance of 7.3 and standard deviation of 2.7. The mean deviation of The Bombay Burmah Trading Corporation Limited is currently at 1.84. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.45
β
Beta against DOW=2.4
σ
Overall volatility
=2.70
Ir
Information ratio =0.02

Bombay Burmah Return Volatility

The Bombay Burmah Trading Corporation Limited accepts 2.7011% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Bombay Burmah Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Completely opposite to market

Investment Outlook

Bombay Burmah Investment Opportunity

The Bombay Burmah Trading Corporation Limited has a volatility of 2.7 and is 6.14 times more volatile than DOW. 24% 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 24 (%) of all global equities and portfolios over the last 30 days. Use The Bombay Burmah Trading Corporation Limited to protect against small markets fluctuations. The stock experiences very speculative upward sentiment.. Check odds of Bombay Burmah to be traded at 1440.49 in 30 days. As returns on market increase, returns on owning Bombay Burmah are expected to decrease by larger amounts. On the other hand, during market turmoil, Bombay Burmah is expected to significantly outperform it.

Bombay Burmah correlation with market

Very good 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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